TablesandFigures_20100308084730

7/28/2019 TablesandFigures_20100308084730

1/5

Total Construction Cost: $60,000

Average Finished Area: 1,054 sq ft

Construction Cost Breakdown AverageShare of

Constr. CostWater and Sewer Inspection $960 1.6%Excavation, Foundation, and Backfill 6,900 11.5Framing and Trusses 9,360 15.6Sheathing 720 1.2Windows 2,280 3.8Exterior Doors 900 1.5Interior Doors and Hardware 1,020 1.7Roof Shingles 1,740 2.9Siding 2,820 4.7Gutters and Downspouts 360 0.6Plumbing 4,020 6.7Electrical Wiring 3,660 6.1Lighting Fixtures 780 1.3HVAC 3,360 5.6Insulation 1,260 2.1Painting 1,980 3.3Cabinets and Countertops 4,980 8.3

Appliances 1,440 2.4Tiles 2,700 4.5Trim Material 1,200 2.0Other 7,560 12.6Total $60,000 100.0%

APARTMENT ADDITION PRICE AND COST BREAKDOWNS


2/5

Average Lot Size: 21,879 sq ft

Average Finished Area: 1,000 sq ft

Sales Price Breakdown Average Share of PriceA. Finished Lot Cost (including financing cost)* $76,591 20.3%B. Total Construction Cost 60,000 58.9C. Financing Cost 6,375 1.7D. Overhead and General Expenses 20,377 5.4E. Marketing Cost 5,297 1.4F. Sales Commission 12,815 3.4G. Profit 33,658 8.9Total Sales Price $377,624 100.0%

Construction Cost Breakdown AverageShare of

Constr. CostBuilding Permit Fees $4,264 1.9%Impact Fee 3,165 1.4Water and Sewer Inspection 3,761 1.7

Excavation, Foundation, and Backfill 15,878 7.1Steel 1,637 0.7Framing and Trusses 34,805 15.6Sheathing 3,869 1.7Windows 6,236 2.8Exterior Doors 1,930 0.9Interior Doors and Hardware 3,356 1.5Stairs 1,676 0.8Roof Shingles 8,472 3.8Siding 12,858 5.8Gutters and Downspouts 949 0.4Plumbing 11,753 5.3Electrical Wiring 8,309 3.7

Lighting Fixtures 2,372 1.1HVAC 8,860 4.0Insulation 3,332 1.5Drywall 11,332 5.1Painting 7,638 3.4Cabinets and Countertops 12,444 5.6

Appliances 3,583 1.6Tiles and Carpet 11,436 5.1Trim Material 7,394 3.3Landscaping and Sodding 7,088 3.2Wood Deck or Patio 1,948 0.9

Asphalt Driveway 3,083 1.4Other 19,085 8.6

Total $222,511 100.0%

Table 1. SINGLE-FAMILY PRICE AND COST BREAKDOWNS

2009 National Results

Source: NAHB 2009 Construction Cost Survey, based on a national sample of 54 home builders


3/5

1995 1998 2002 2004 2007 20091. Finished Lot Cost 24.4% 23.6% 23.5% 26.0% 24.5% 20.3%2. Total Construction Cost 53.3% 54.8% 50.8% 51.7% 48.1% 58.9%

3. Financing Cost 2.0% 1.9% 2.1% 1.8% 2.4% 1.7%4. Overhead and General Expenses 5.8% 5.7% 5.5% 5.8% 7.0% 5.4%

5. Marketing Cost 2.2% 1.4% 2.4% 1.9% 2.5% 1.4%6. Sales Commission 3.3% 3.4% 3.7% 3.0% 4.3% 3.4%7. Profit 9.1% 9.2% 12.0% 9.8% 11.2% 8.9%

Table 2. SINGLE-FAMILY HOME SALES PRICE BREAKDOWN

HISTORY

Source: NAHB Construction Cost Surveys, 1995-2009


4/5

1998 2002 2004 2007 2009Building Permit Fees 0.9% 1.3% 0.8% 1.7% 1.9%Sales Price Breakdown 1.0% 1.6% 1.1% 1.4% 1.4%

Water and Sewer Inspection 1.0% 1.4% 1.2% 1.6% 1.7%Excavation, Foundation, and Backfill 9.6% 6.9% 9.9% 7.0% 7.1%

Steel 1.1% 0.8% 0.3% 0.8% 0.7%Framing and Trusses 20.2% 18.4% 21.3% 15.8% 15.6%Sheathing NA 0.9% 1.4% 1.6% 1.7%Windows 3.8% 3.3% 3.2% 2.9% 2.8%Exterior Doors 1.1% 0.8% 0.9% 0.9% 0.9%Interior Doors and Hardware 1.9% 1.6% 2.4% 1.5% 1.5%Stairs 0.4% 0.6% 0.6% 0.8% 0.8%Roof Shingles 2.6% 2.6% 2.2% 3.2% 3.8%Siding 4.3% 4.2% 3.6% 5.7% 5.8%Gutters and Downspouts 0.6% 0.5% 0.2% 0.4% 0.4%

Plumbing 5.9% 5.4% 5.3% 5.4% 5.3%

Electrical Wiring 3.8% 3.3% 3.4% 3.9% 3.7%Lighting Fixtures 1.0% 0.8% 0.9% 1.0% 1.1%HVAC 4.1% 4.2% 3.7% 3.9% 4.0%Insulation 1.4% 1.6% 1.4% 1.6% 1.5%Drywall 5.5% 5.3% 4.9% 5.1% 5.1%Painting 3.8% 3.6% 3.6% 3.4% 3.4%Cabinets and Countertops 5.0% 4.3% 6.6% 5.7% 5.6%Appliances 1.3% 1.2% 1.3% 1.7% 1.6%Tiles and Carpet 4.8% 4.3% 4.2% 5.0% 5.1%

Trim Material 3.1% 4.1% 2.5% 3.1% 3.3%Landscaping and Sodding 1.8% 2.5% 2.6% 2.8% 3.2%Wood Deck or Patio 0.7% 0.7% 1.0% 0.7% 0.9%

Asphalt Driveway 1.5% 1.6% 1.3% 1.4% 1.4%Other 7.7% 12.2% 8.2% 9.7% 8.6%

Table 3 SINGLE-FAMILY CONSTRUCTION COST BREAKDOWN

HISTORY

Source: NAHB Construction Cost Surveys, 1998-2009


5/5

0.9%

1.3%

0.8%

1.7%

1.9%

1.0%

1.4%1.2%

1.6% 1.7%

1.8%

2.5% 2.6%2.8%

3.2%

1998 2002 2004 2007 2009

Figure 3. Selected Items as a Share of TotalConstruction Costs

Building Permit FeesWater and Sewer Insp.Landscaping and Sodding

3.8% 3.3% 3.2% 2.9% 2.8%

20.2%18.4%

21.3%

15.8% 15.6%

1998 2002 2004 2007 2009


Framing and Trusses

Windows

Source: NAHB Construction Cost Surveys

2.6% 2.6%2.2%

3.2%

3.8%

4.3% 4.2%

3.6%

5.7% 5.8%

1998 2002 2004 2007 2009


Roof Shingles

Siding



Documents

TablesandFigures_20100308084730