Demolition Estimations
Demolition costs will range in price depending on a number of factors. Aside from the project details themselves, the location will have a huge impact on the demolition estimations that are provided as will environment issues, overhead costs, required permits, insurance, labor and equipment costs/rentals. All of these factors make it very difficult to arrange a proper estimation for your clients. If you are new to the industry and need some help processing demolition estimations then you are in the right place. As a general rule, demolition projects can range anywhere from about $6 to approximately $15 per square foot. Here are some tips to help you get started and on the right track.
Determine the Location and Extent of the Work Required
Prior to giving a full demolition estimation, you need to visit the demolition site and determine the extent of the work that will be involved in any project that you may be considering. You will need to observe and make note of any issues that could possibly demonstrate the existence of lead paint or asbestos. In addition, you should also make note of underground utilities, septic systems, removal of debris, heavy equipment access among any other concerns. Speak to the customer and see if they plan to rebuild because you will need to explain the costs involved and how this will be handled in the project.
Create a Spreadsheet Outlining Site Data
Create a spreadsheet that speaks for the description of the project, the specific type of building and what is required, etc. Make a column for everything cost-related including but not limited to labor, equipment, insurance, overhead expenses, permits, hauling of debris, etc. Enter any other information that you believe to be pertinent to the project. Enter all costs as you are aware of them into the column provided. If you believe your costs may be too high, consider getting quotes from other professionals in the area. Just don’t let them know you are their competition; otherwise, they won’t provide you with accurate information.
Figure Additional Costs
Once you have all the costs together in the spreadsheet, it is time to determine costs that you may have additionally for the removal of the foundation, any rental of heavy machinery as well as the hauling of debris. You may have already factored this in, but if you have not, then you need to do so now.
Consider Permits and Other Costs
You should now factor in additional costs that are associated with the demolition of properties such as but not limited to the following:
- Permits.
- License.
- Insurance.
- Local fees.
- State fees.
You can probably get this information from the local department of buildings and inspections.