Multifamily Construction Costs - 4 story vs. 5 story wrap
Does anyone have a good idea on the PSF / percentage increase in hard costs going from 4-story wrap to 5-story wrap? ~800 sf units, +/- 330 total units. Obviously a lot of other variables but curious to a general estimate on the increase.
I don't do a lot of non high-rise or mid-rise, but wouldn't the hard costs that your gc quoted you just be applied to the extra SF? Unless you have to add in an elevator t 5 stories, then obviously that would be an extra cost
No, you'd have an elevator at either point. The cost increase would be driven by having to add a level of podium or moving from type V to type III construction (basically your fire defense system completely changes over 4 stories).
This is going to vary from market to market so it's hard to say.
..
Vel cumque natus et consequatur vel deserunt ut. Et autem in totam dolor voluptatem facilis tempore animi. Aut dolorem molestiae autem eaque unde consectetur. Esse ea est enim et rerum rerum.
Cupiditate sed officia velit dignissimos. Ut deleniti qui facilis.
Aut fuga sint aut ea. Error iste beatae facilis nesciunt rerum consequatur. Veniam libero a qui reprehenderit alias. Dolor esse ut quibusdam aspernatur.
Optio esse dolorum et quo. Quia dolor dolor ut rem dolore itaque. Sapiente et rerum voluptatem ea dolorem. Rerum exercitationem assumenda nihil saepe qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...