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Updated over 3 years ago on . Most recent reply
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- Real Estate Broker
- Cody, WY
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Price of architectural drawings?
I purchased a new building and want to renovate the interior/exterior. I know there's no set formula, but does anyone have an idea of what I should expect the price to be for these drawings? I found a website that estimates about 9% - 10% for the scope of my project, which means I could spend $20,000 for drawings on a $200,000 project.
Anyone? @Jay Hinrichs
- Nathan Gesner
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Hi Nate,
Just off the top of my head (without addressing your question directly).
If you know what you want--have pics from the internet it will be easier than propose an idea, change, propose an idea, change etc.
On screen artwork is much better than the old (and beautiful) (Mad Man Style) hand drawings. It's faster and you can compare two (ie) roof colors on the fly.
Have a rough budget to discuss with the Architect. No use in looking at a $2M facade makeover if the project only supports $1.5M.
Understand there are product shortages right now...if you cannot get the Moen Commercial faucets the Architect speced at $X installed can you get Koheler faucets at $X (x) 3 installed. Consider allowing for such instances in your budget.
An Architect with a crew to do the work that he/she has used in the past might be a budget saver in the long run.
Watch your property tax increases as you build out and once you are done--some places tax percent complete and time over runs with no income coming in eat into the budget.
Actual colors can be a pain, consider having an in-situ (that's latin by the way) color board area on the building where you can try a few similar colors (and finishes) live and live with them for a week or so before deciding on an exact palate and finish.
The more specific you can be (the more you know exactly what you want) the less Architect time you will burn.
Using someone who has recent build experience in your area, with similar projects may help prevent costly errors re inspection times, and local code knowledge during budgeting... ie does your HVAC have to pass retail inspection, or Mall inspection...a costly difference, especially once in place. (costly in terms of time, 2nd inspection scheduling, and materials and labor). A few of these "Blips" on the Radar can add up to cost over runs pretty quickly.
You overall goal should be to open with a Certificate of Occupancy "On time and On Budget". That means paying HARD attention to the daily progress (and having a realistic budget).
Just my 2 cents.
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