Infill MFH construction costs Oakland

[Michael You]

What are people seeing in terms of construction costs in East Bay of Bay Area? Have a new infill development for 12 units. On a related note, any GC / builder referrals?

[Josh Cuthbertson]

Hi Michael -

What's funny about our remote little town about 3 hours North of Oakland is that we're more expensive per sf than the bay area because we don't have a good subcontractor base. A standard MFH project up here is typically projected by door rather than cost per sf but may give you a good idea of what to budget. I just finished the design / construction management of 45 low-income units here in Redding, Ca at a cost of $222k per door. While the construction costs were around 10mil, the total project cost was around 15mil.

So....if we are more expensive, in the bay area you may be able to get this down to say $200k per door. So 2.4mil for build costs only. Soft costs are another thing.

Call some local GC's, see what they offer. They would jump at a project like yours. Costs per sf on MFH projects don't really mean anything unless your plans are done and you actually get it bid. But calling a GC and telling them you level of finishes and expectations might get you closer to you answer.