3. Prepare a conceptual cost estimate for a proposed building with 90,500 sf. The building will be built 4 years from no
Posted: Fri Jul 08, 2022 5:50 am
3. Prepare a conceptual cost estimate for a proposed building with 90,500 sf. The building will be built 4 years from now in City B. A similar building with 110,000 square feet was completed last year in City D and cost $10,450,000. The equivalent compound interest rate is 1.83%. Which of the adjustments - time, location, or size has the most significant impact on the estimate? Location Index City A City B City C City D 1025 1170 1260 1240