Alternative #2—Initial Cost

Remodel
#1151 Residence 884 sq. ft. x $100 $88,400
#1152 Residence 499 sq. ft. x $100 $49,900
#2201 Warehouse 1700 sq. ft. x $130 $221,000
Total $359,300
New Construction
Enclosed Engine Storage 960 sq. ft. x $80 $76,800
Fire Vehicle Fuel Storage 160 sq. ft. x $30 $4,800
Total $81,600
Utilities
Water system $75,000
Warehouse Drainage $20,000
Waste Water $10,000
Total $105,000
Design
Design Cost - 10% $55,000
COR/Admin - 7% $38,200
Contingency - 10% $55,000
Total $148,200
Grand Total $694,100