Cubic Foot of Volume Estimate

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Cubic Foot of Volume Estimate is another method of estimation that use a comparation. This method use volume to compare the cost for the construction of a building. Cubic Foot of Volume Estimate is explained by James E. Rowings, Jr. as follows.

Cubic Foot of Volume Estimate

Cubic Foot of Volume Estimate

This method accounts for an additional parameter that affects cost: floor-to-ceiling height.

Cubic Foot of Volume Estimate Example

Assume that a historical file contains a warehouse building that cost $2.4 million that was 50 ft x 80 ft with a basement, three floors, and an attic. Determine the cost for a 60 ft x 30 ft warehouse building with no basement, two floors, and an attic. The ceiling heights are as follow.

Old Structure :

1st Floor = 14
2nd Floor = 10
3rd Floor = 10

New Structure :

1st Floor = 12
2nd Floor = 12
3rd Floor = –

Solution using Cubic Foot of Volume Estimate

Old Structure :

1st Floor = 14 ft x 4000 ft^2 = 56,000 ft^3
2nd Floor = 10 ft x 4000 ft^2 = 40,000 ft^3
3rd Floor = 10 ft x 4000 ft^2 = 40,000 ft^3
TOTAL = 136,000 ft^3

$2,400,000 / 136,000ft^3 = $17.65/ft^3

New Structure :

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1st Floor = 12 ft x 1800 ft^2 = 21,600 ft^3
2nd Floor = 12 ft x 1800 ft^2 = 21,600 ft^3
TOTAL = 43,200 ft^3

43,200 ft^3 x $17.65/ft^3 = $762,500

That is how we do the Cubic Foot of Volume Estimate. This estimating method is quite same as the ones that we wrote before. We hope that this article is useful for you. Have a nice browsing. Do not forget to subscribe.

You may want to read these articles which is related to the Cubic Foot of Volume Estimate :

Project Cost Estimation – Cost Per Square Foot to Build a Home
Estimating and Costing pdf – Construction Estimator Jobs
Cost Capacity Factor in Order of Magnitude Estimate – Total Horizontal Area Estimate
Project Estimation Tools – Construction Cost Calculator
Project Management Cost Estimation Methods – Construction Estimate Template
Comparative Cost of Structure – Construction Estimating Software
Conceptual Estimates – Order of Magnitude
Rough Order of Magnitude – Finished Floor Area Estimate
Total Horizontal Area Estimate

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