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!
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?
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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