There are many factors that affect what’s involved and how much a remodel, renovation, or expansion will cost. We’ve pulled together a list of some of the most common things that you might want to take into consideration that will influence the features you want, the timeline, the materials, and the total cost of your venture.
Examples of remodel goals include increasing building efficiency, improving the look and feel of a space, and preventative maintenance by upgrading old systems.
If you are on a time crunch, costs may go up depending on contractor availability. The further out you plan, the better. A shorter timeline means that materials will need to be ordered sooner in order to make your deadline.
Consider whether you are dealing with an empty shell building or a second generation space that already has some features built in. Contractors may be able re-use materials creatively, which can help keep costs down.
There will always be components of a remodel that are non-negotiable because you know your business can’t live without them. But, it would be great to also pinpoint the features that you can compromise on if omitting them will keep the project within the budget.
Higher quality finishes mean higher cost per square foot. For example, if you use natural stone for countertops and floors you will pay more than if you choose to install less expensive alternative materials. In the end, the type of materials depends on the needs of the business.
Ensure that you have read and understand the applicable zoning ordinances for your municipality. If the structure’s current zoning doesn’t match your business plan for what you will use the building for after the remodel a re-zoning may be required.
You should be aware of state, county, and city building codes and ordinances because there’s a chance your commercial remodel will need updating in order to meet code. A remodel or expansion might have new building code requirements such as the addition of a sprinkler system, changes to HVAC, plumbing, electrical, or something else.
If you are considering remodeling the space where your company currently resides you may have to make accommodations in order for work to continue and to make a plan to minimize disruptions.
It’s likely that unexpected costs will arise during construction, so it’s better to plan for them now. Renovation might uncover areas that must be fixed, replaced or brought up to code. It’s common to add 10 to 15% to a contractor’s quote to offset unforeseen costs, which helps ensure that the project will keep moving even when the total cost increases.
Projecting the Cost and Other Factors of your Project
Hopefully this list has been helpful in identifying the areas of your construction project that will have the biggest impact on your budget. We hope that you’ve learned which things to think about when putting together a projection for the total cost and other factors of the project. Of course, this can be difficult to do without exact prices for materials and labor. That’s where we’d love to help out. Contact us so that we can get you an accurate, realistic estimate on your next commercial construction project.
Contact Clay Construction for the Best Commercial Construction Renovation Services
As a premier commercial construction company, Clay Construction is proud to provide interior and exterior services in the Metro DC Area. We have an impeccable track record, an impressive portfolio, and an experienced team that is ready to tackle your next big project. Our results speak for themselves, and we’re proud of the work we continue to produce for our clients.
Do you want to discuss your project with a member of our team? Contact us today!