THE WEIRS TIMES, Thursday, July 15, 2010 SUMMER HOME PROJECTS
total rolled up cost of your new home construc- tion project, on a cost per square foot basis, should be very similar to the cost per square foot you calculated previously. If it is higher, then you may want to go back and press your contractors on why their particular cost estimates were so high. In some cases they may have legitimate reasons, and in other cases they maybe just trying to take advantage of your limited home construction project management experience. Finally, keep in mind
Estimating building costs for a home construction project begins with understanding the local real estate market conditions.
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project so that you can get some price comparisons for each segment of the project. Once you have all the
cost estimate bids from the various contractors you can select your pre- ferred ones and then role them up to estimate your total building costs. The
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that the overall accuracy of your total building cost estimate is fully dependent
See DONOVAN on 44
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