Question

1. Calculate the weighted unit cost per square foot for the project data shown below, and determine the cost of a 30,000-sf project.








2. Determine the relationship between unit cost and size for the project data above, and use it to estimate the cost of a 25,000-sf project.

3. Use the time and location indices presented during Class10 to estimate the cost of a building that contains 48,000 sf of floor area. The building is to be constructed 3 years from now in City C. The cost of a similar type of building that contained 32,000 sf was completed 2 years ago in City B for a cost of $3,680,000.
Project Total Cost Size, sf 1 $ 3,036,400 26,400 2 $ 3,129,700 29,800 3 $ 2,580,300 21,500 4 $ 2,287,500 18,300 5 $ 2,743,200 23,450 6 $ 3,065,300 32,350 7 $ 4,503,600 41,700

Answer 1