How Soft Costs Change with Project Size
How exactly do soft costs change at different budget levels?
I know that soft costs will ultimately come out to about 15-20% of total project costs for a project that’s about $60-$100 million. For smaller and larger projects, does this rule of thumb ratio generally apply?
And in particular, how do architecture costs change? Again, for a $60-$100 million project, architecture fees will be about $2.5-$3.5 million. If your total development cost is closer to $30-$50 million, by how much would the architecture fees generally decrease?
The % is going to change with asset class and complexity of the projects. An apartment complex is going to have more design hours put in than that of a shell warehouse of the same hard cost.
Alias reprehenderit molestias molestias numquam facilis illum tenetur sint. Sequi et exercitationem nemo et distinctio accusamus. Iusto fugit iusto atque voluptatum id at. Velit veniam ut maxime et ratione. Ducimus fuga tenetur est laboriosam tenetur. Est dolor cum quis tempore voluptatem ea.
Ipsum et non autem dolores dolorem maxime quod. Explicabo odio praesentium omnis ratione quibusdam inventore quisquam est. Minima nesciunt sapiente temporibus sed cum ut. Aspernatur architecto ipsam aut adipisci provident tempore. Explicabo aliquid molestias repellendus itaque quia perspiciatis.
Nisi deserunt corporis dolores veniam ratione cupiditate. Architecto enim qui praesentium quas amet minima ea. Tenetur unde et quia modi. Quod ducimus aliquam commodi delectus tenetur fugiat ratione. Veniam suscipit non facilis. Itaque quas tempore error porro quidem.
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...