Calculate Constructuction Budget and Architectural Fees
Use this calculator to determine your construction budget based on size, build quality and performance target, and we can help you determine the appropriate level of professional services and fees required to get the job done.
- Calculate a construction budget based on a) size, b) build quality, c) performance target.
- Calculate Architectural Fees appropriate to the project size, quality and performance target based on a 30yr. energy cost projection.
- Aim at understanding the relationship between the capital cost of performance premiums, with the 30yr. energy cost projections.
- Note: Not all architects will use the same hourly rates, sheet costs, or even construction costs.
- B. Assume min. $150/sf for Commercial Tenant Improvements and Renovations, min. $310/sf to $395/sf for OBC New Construction, min. $400/sf for Passive House SFR Homes. $500-800/sf enters the Luxury zone.
- C. Net Zero Energy Homes have been constructed for a 9% premium over OBC minimum. Add 20% to include grid connected PV systems for offsets. Per 2019 Research by NRC.
- D. Canadian average Total Energy Use Intensity (TEUI) is 203kWh/m2 as of 2015 per NRC. We use 250kW/hr/yr in Ontario as the number to beat to generate cost savings.
- E. Percentages tend to reduce with increasing building sizes. Defaults were determined by averaging the high and low fees across a range of building types per RAIC guidelines.
This is intended to provide a simplified estimate of the construction budget and Architectural fees only required for a generic project. Site conditions (ie. Urban, Rural, Sandy soils or Rock Sub-grade) and other considerations (ie. Roads, Well, Septic, Utility, Garages, Sheds, Fencing, Pools, Landscaping, Builder Profit, Permit Fees, Architectural Fees, Engineering Fees, Taxes, etc.) may have significant impacts on a project budget. The best way to determine the budget and fees required for your particular build will be to execute at the very least, a Schematic Design package, which we price at approx. $5/sf for projects over 2,500sf, or based on our hourly rates. For more info on fees, check out this article on Architizer.
B. Mortgage Calculator
C. Sample of North American Construction Costs for Q2 of 2020
Don't take our word for it. Below is a table excerpted from Rider Levitt Bucknall's Quarterly Costing report for North America. Note that costs of construction in the GTA for Q2 of 2020 have escalated nearly 14%.
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