Builders United
Construction Cost Calculator

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Disclaimer

The data presented in this report represents estimated building costs for the specified time period, based on publicly available data from various markets as of the publication date. Actual costs may vary due to factors such as site conditions, climate, specifications, market fluctuations, and other unique circumstances. All values reflect hard construction costs in U.S. dollars per square foot of gross floor area.

This report is intended for informational purposes only and does not constitute financial, construction, legal, or professional advice. No figures, materials, or opinions contained herein should be interpreted as such, nor should they be used as a substitute for consulting with qualified professionals in relevant fields.

Users are advised not to act or rely on the information provided without obtaining competent
professional advice tailored to their specific situation. Any third-party resources or materials referenced in this report are offered solely as a convenience, without guarantees regarding their accuracy, applicability, or validity. We assume no responsibility for the content, accuracy, or timeliness of any data, figures, or opinions presented or referenced.

Estimated Low Cost :
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This is the maximum estimated cost for your project.

Estimated High Cost :
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This is the maximum estimated cost for your project.

Project costs are updated quarterly.

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Ground Up Construction

Full ground up construction of shell and interior on an undeveloped but “ready to build” parcel excluding land acquisition costs.

Core & Shell Construction

Full ground up construction of core and shell only on an undeveloped but “ready to build” parcel excluding land acquisition costs.

New Tenant Improvement

Full custom build out (walls, ceilings, floors, mechanical, plumbing, electrical) of “grey shell” interior excluding building and FF&E.

Heavy/Complete Remodel

Complete gut and remodel to alter the function and layout of an existing structure excluding building core and shell and FF&E.

Factors that Increase cost

• Unknown Site Conditions
• High Density/Complexity/Logistics
• Fast Schedule/Duration
• Off Hours Work

Considerations to Determine Cost

• Scale/Scope of Construction
• Materials/Labor Market Conditions
• Quality of Design/Information
• Structure Type/Building Methods

Factors that Decrease Cost

• Larger Square Footage/Size
• Existing Systems/Finishes
• Proximity to Utility/Services
• Standard Level/Type of Finishes