Let’s break down the costs of a multi-dwelling construction project.
Creating apartment buildings, townhomes, and duplexes to withstand time and be appealing to tenants can be challenging and costly. However, with proper preparation and by working with an experienced multi-dwelling contractor, you can obtain solid insight before beginning your project that can help you control costs and also identify potential issues that may arise during the project. Here are some costs to consider for your multi-dwelling construction project.
Architect and General Contractor Costs
Constructing a multi-family dwelling is a joint effort by the design team and build team. We recommend selecting a trusted architect and general contractor as early in the process as possible as there are normally two of the main parties involved with a multi-family project. Once you choose your architect and general contractor, make sure you clearly understand what their rates, costs and contract terms will be upfront and throughout the project, such as if a change order should arise.
Building and Material Type
The materials you decide to use for your multi-dwelling construction project affect your overall project costs. As an example, let’s look at the podium-style apartment building. With this build style, the first or first two floors of the structure are made from concrete or steel, then additional units are built on top made from wood. Concrete and steel are durable but are generally more expensive than wood. Some builders may opt for a podium-style build to save on material costs.
Additional Multi-Dwelling Project Items to Consider
Take the time to thoroughly examine the scope of the project. Think about what you will need for each dwelling unit and how many units will need to be completed that way. Consider these following items that can provide tenants with a comfortable and livable space.
- Built-in appliances
- Flooring
- Lighting
- Insulation
- Doors
- HVAC
- Windows
- Any other items come to mind?
Work With Encore Construction
As a premier commercial general contractor, Encore Construction is proud to provide interior and exterior services in Baltimore, Maryland and beyond. We have an impeccable track record, an impressive portfolio, and an experienced team that is ready to tackle your next big project. Our results speak for themselves, and we’re proud of the work we continue to produce for our clients.
We have offices in Annapolis, MD and Tysons Corner, VA and we are happy to serve the Washington, DC, Baltimore, Northern, VA, and surrounding areas. Follow us on Facebook, Twitter, and LinkedIn for news and updates! Do you want to discuss your project with a member of our team? Visit our website, and call us at (410) 573-5050. We look forward to hearing from you!