The term “dollars per square foot” is one of the most frequently misunderstood terms in the construction industry.
It is a phrase used by builders to establish overall building costs, often without clarification of the construction components that make up this term.
For instance, does the dollar-per-square-foot-price cover only the shell of the structure? Or does it reflect specific interior upgrades and additional exterior work? What exactly are the specific details on these items?
A More Measurable Approach
At Kawartha Lakes Construction, we fully outline the costs that are unavoidable first – costs such as hydro hook up, well, septic and road. Next, we back these costs out of the total budget to provide a clear picture of what is left.
Our cost definitions are well defined using 25 specific divisions so clients can establish priorities based on cost. For example, we work with each individual to determine detailed pricing on flooring, fixture and cabinetry options. These line items provide a range for individual budgets, offering a clear understanding, up front, of the total costs.