How to Calculate the Approximate Cost of a Building?

How to Calculate the Approximate Cost of a Building?

When calculating the approximate cost of a building, the most important factor is its intended use. There are data published in the Official Gazette regarding this matter. The per square meter prices of some determined approximate building costs are as follows:

BuildingCost (₺/m²)
Reinforced Concrete Wall (up to 3 meters in height)210
Opera, Theater, Concert Halls3800
Convention Center2900

Calculating the approximate cost of a building is a matter that requires attention and care. The best method to follow in this regard is to proceed slowly and deliberately. The slightest mistake or the smallest detail overlooked can lead to very significant cost problems. As seen above, when calculating the approximate cost of a building, its intended use is very important. The quality of the materials used in the construction will also vary according to its use. The material used for thermal insulation in a hospital cannot be the same as the thermal insulation used in residential buildings.

How Does the Approximate Building Cost Change?

The factor that most negatively affects the approximate building cost is the use of materials that do not comply with the project and technical report in the building construction, and the costs incurred during its subsequent renovation when discovered.

Factors That Reduce the Approximate Building Cost

Labor has the biggest impact on reducing the approximate building cost. For example, if a wall is built incorrectly, the subsequent constructions will also be done incorrectly to cover that error and reduce the margin of error, increasing both the labor cost and the cost of materials used. In these matters, specialized online firms with cost calculations prepared by experts in the field, who perform all the calculations you need, await you.