# Cubic Foot of Volume Estimate

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

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 :