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Demolition Cost for a Commercial Property

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Posted by: from Maple Ridge
3/25/2020 at 8:26:02 AM

Hello,

I am a student at UBC real estate division. I am working towards the real estate appraiser. For the school's demo course, I am trying to estimate a demolition cost of a two-storey, 2,600 sqft commercial property constructed around 1980s located in Maple Ridge, BC.

If you can provide a rough estimate of the cost (maybe $ per sqft), it will be greatly appreciated. This will really help me get through this course!

Thank you in advance for all those expert advice!

Stay healthy!

REPLIES (2)
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Date/Time3/26/2020 at 3:12:56 PM

Hi,

First step to determining the cost is analyzing the scope of work:

- Preconstruction; BC one call, decommissioning the electrical/mechanical systems, hazmat testing/remediation (since 1980's will be required), disposal rates, trucking costs, demo equipment costs, staffing, traffic control, contingency, etc.

- Second, 2600sf spread out over two floors, for a commercial building, is small. That's equivalent to a two storey Vancouver special home.

My initial thought is $25.00 to $30.00 per sqft should cover the scope listed above. Again more detail is required; Does this include the slab on grade?

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Anthony in Maple Ridge
Date/Time3/27/2020 at 1:23:25 PM

Hi Paul,

Thank you for your expertise!

Yes, this property has a concrete slab on grade.

Again, I sincerely appreciate your help on this.

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