Friday, July 20, 2012

What is the Cost of an Average Los Angeles Construction?

How Much is an Average Los Angeles Construction?


An average is a little hard to actuate with costs oscillating so severely all the time. Second, there are many factors and several places to look. However, you must know what you are looking for. Use a table for basing permit fees using last years numbers; in order to use the table properly, you need know how many square feet, the type of construction and the occupancy.

For example, say you have a 3000 sq. ft. single family home in need of Los Angeles construction, using Type VB construction.

SQ FT = 3000

Type of Construction = VB

Single Family Dwelling = R3

California Multiplier = 1.0

Building Valuation Data Multiplier = 95.91

BVD x SF x Cal = 95.91 x 3000 x 1.0 = $287,730 as building valuation

You need to acknowledge that this is just an estimate and that the actual costs will vary. This works very well for permits, but the above description is actually building cost valuation and is considered in reference to what the city or county values your project at, and often it has nothing to do with the actual construction costs. The construction costs varies between areas and cities, and depends on the finishes and the details, particularly. You will have the same finishes and details in the average Los Angeles home addition and Los Angeles room addition in let's say Van Nuys or Glendale. So as you can see, the average Los Angeles construction cost varies from city to city.

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