Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Land & New Construction
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Julia Hwang
2
Votes |
8
Posts

Question re construction cost terms

Julia Hwang
Posted

Apologies first for such amateur question: in new developments, when construction companies quote construction cost for "$ X/sf", is this number usually "the total construction cost divided by living square foot ONLY" or "the totally construction cost divided by total square footage of the structure, for example, including garage (sf that are not counted when selling to buyer)"? 

Or can someone describe how the construction cost discussion usually goes in a new development? 

I was chatting with an agent who is familiar in Pomona, CA area and he told me from what he knows, the construction cost per sf is about $100-150/sf. But I couldn't figure out what this mean so would like to get some help. Thanks. 

Loading replies...