Construction Cost Estimates for Bank in National, US
The following analysis estimates the cost to build a bank using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 4100 square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a bank in a specific city or metropolitan area, go to our index of bank models by state.
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on RSMeans Online - our online cost estimating tool.
Bank Construction Cost Assumptions
Location:
US National Average
Stories:
1
Story Height (L.F.):
14.00
Floor Area (S.F.):
4100
Basement Included:
No
Data Release:
Year 2013
Bank Square Foot Cost Assuming Face Brick with Concrete Block Back-up / R/Conc. Frame
Cost Estimate (Union Labor)
% of Total
Cost Per SF
Cost
Total
$178.29
$731,000
Contractor Fees (GC,Overhead,Profit)
25%
$44.57
$182,800
Architectural Fees
11%
$24.52
$100,500
Total Building Cost
$247.38
$1,014,300
Cost Estimate (Open Shop)
% of Total
Cost Per SF
Cost
Total
$163.29
$669,500
Contractor Fees (GC,Overhead,Profit)
25%
$40.82
$167,400
Architectural Fees
11%
$22.45
$92,100
Total Building Cost
$226.57
$928,900
Bank Square Foot Cost Assuming Face Brick with Concrete Block Back-up / Steel Frame
Cost Estimate (Union Labor)
% of Total
Cost Per SF
Cost
Total
Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost
$---.--
$-,---,---.--
Cost Estimate (Open Shop)
% of Total
Cost Per SF
Cost
Total
Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost
$---.--
$-,---,---.--
Bank Square Foot Cost Assuming Limestone with Concrete Block Back-up / R/Conc. Frame
Cost Estimate (Union Labor)
% of Total
Cost Per SF
Cost
Total
Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost
$---.--
$-,---,---.--
Cost Estimate (Open Shop)
% of Total
Cost Per SF
Cost
Total
Interested in the complete estimate?
Contractor Fees (GC,Overhead,Profit)
Architectural Fees
Total Building Cost
$---.--
$-,---,---.--
Bank Square Foot Cost Assuming Limestone with Concrete Block Back-up / Steel Frame
