Building Costs Formula:
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The Building Cost Calculator estimates total construction costs by summing up the major components: foundation, framing, roofing, and finishing costs. This provides a comprehensive view of the total investment required for a construction project in New Zealand.
The calculator uses a simple additive formula:
Where:
Explanation: The equation sums up all major construction components to provide a total building cost estimate.
Details: Accurate cost estimation is crucial for budgeting, securing financing, and avoiding cost overruns in construction projects.
Tips: Enter costs for each component in NZD. All values must be positive numbers. For accurate results, use current market rates for each component.
Q1: What's included in foundation costs?
A: Foundation costs typically include excavation, concrete work, and waterproofing for the building base.
Q2: What affects framing costs?
A: Framing costs vary based on materials (timber vs steel), building size, and design complexity.
Q3: Are roofing costs per square meter?
A: Roofing costs can be calculated per square meter but should be entered as total cost in this calculator.
Q4: What's included in finishing costs?
A: Finishing includes interior (walls, floors, fixtures) and exterior (cladding, paint, landscaping) completion work.
Q5: Should I include GST in the costs?
A: Yes, all costs should include GST as this calculator provides the total project cost including taxes.