There’s no specific formula to follow when calculating the cost of commercial renovations. Instead, you can take the time to understand each of the many defining characteristics that can help you deduce a result more accurately. We know you have many needs and this is why we offer a variety of price ranges (and we offer staff who are highly trained and experienced to provide the best result for your project), so make it easy on yourself by allowing us to work closely with you to deliver as quickly as possible while meeting all your requirements – after all, isn’t that what you want from a renovation company?
Size
The average renovation cost of a commercial building lies around $16 to $20 per square foot. This includes foundation, structure, and delivery services. However, if you opt for additional finishing, such as insulation, this could increase your renovation costs to $30 or even $40 per square foot.
Building Quality
Depending on certain factors, commercial buildings can be classified into three main categories:
- Class A properties, or high-quality premises and offices.
- Class B buildings, or average buildings with average details and fixtures that are not as quality as the previous class.
- Class C type commercial buildings are mostly less than four stories tall and boast the most miniature modern fixtures.
Building Codes
The overall cost of commercial renovation will significantly be affected by the architectural design of your office. For instance, handicap accessibility, complex energy, and environmental building codes can increase the construction cost per square meter. Similarly, the simple architectural design of your office would translate to less renovation cost. On the other hand, a complex architectural design will force you to hire more general contractors and materials to complete the project.
Choice of Renovation Contractor or Architect
You need to hire an architect and a quality contractor if you want your commercial building renovated so that it upholds the quality of your brand. These professionals do have hourly fees, so you need to include these when calculating the costs of renovating your commercial building.
Building Use
The type of commercial building to be renovated determines the material, equipment, and structural changes involved. For instance, a non-temperature-controlled storage facility will cost less when renovating than a laboratory with specialized equipment, electrical appliances, and plumbing fixtures. The table below shows how much various commercial building renovations cost.
Number of Disciplines Needed
The cost of a commercial renovation is bound to increase if your project requires more than one discipline. Therefore, it’s essential to add the costs of hiring architectural, environmental, structural, civil, mechanical engineering, and construction management professionals to calculate your overall renovation budget. Furthermore, to ensure utmost customer satisfaction and to ensure a project isn’t abandoned amid its development process, clients must meet up with architects, etc., so that any problems related to each group can be ironed out from the get-go.
Renovation Schedule
Large renovation projects usually take longer to complete. Unpredicted delays in the project can have an impact on your renovation budget. Therefore, when calculating your renovation cost, you should consider factors that can delay your project and increase your renovation costs.
Delivery Costs
Calculating the correct costs of renovating your commercial building includes keeping the delivery cost in mind. Bulk materials like sand and stone should come at a cheaper shipping rate when compared to pre-made components that require more assembly, but maybe cheaper on the whole once it’s all said and done. No matter which route you go down, it’s essential to keep this aspect in mind throughout the planning process so you can save money as much as possible on logistics.
Are you ready for Your Commercial Remodeling Georgetown tx Project?
If you are ready to start planning your commercial renovation project but have been uncertain of which company is the best, you should schedule an appointment with us. We can be found via our website here, or give us a call if interested! Our General contractors Georgetown tx honestly believe that you should take time to see what we have to offer before committing to hiring one of the best commercial construction companies.
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