Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Mar 2018 My Price 5.00

Cost Element Percent Studio

An industrial engineer, who was formerly a real estate developer, wants to estimate the construction costs of an apartment complex that he recently acquired. He gathered the following information: Cost Element Percent Studio units One bedroom units Two bedroom units Three bedroom units Four bedroom units Central facilities and landscaping 5 17 30 23 21 4 Index Reference Year ($/ft2) 46 75 150 175 170 100 Index Current Year ($/ft2) 69 107 192 202 198 120 If the total construction cost of the similar property was $2.5 million in the reference year, what is his estimated construction cost in the current year?

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Mar 2018 03:03 AM My Price 5.00

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