New construction can be very expensive. While building costs are certainly escalating, so our operating costs. The good news is that there is a new construction square foot calculator that predicts the average cost of building new condos and apartments. When you factor in factors such as financing costs, permits, subcontractors and labor it is not hard to see why building new can be very expensive. With a New Constructionsquare Foot Cost estimator you can easily determine if this is a project you want to take on or one you should pass.
Construction cost calculator