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Calcimator

Restoration Cost (Historic) Calculator

Per-SF restoration cost by building era and condition.

Inputs

Results

Construction cost ($)

$1,462,500.00

≈ 3 average U.S. homes

Cost per sq ft ($)$292.50
Soft costs ($)$321,750.00
Total project ($)$1,784,250.00
Premium vs new (%)78.42
How to Use This Calculator
  1. Enter Building area (sq ft) and select Building era (0=Pre-1850, 1=1850–1900, 2=1900–1940, 3=1940–1970) — older eras cost more.
  2. Rate Condition (1=Critical, 2=Poor, 3=Fair, 4=Good, 5=Excellent) based on a recent professional assessment.
  3. Select the Treatment level (0=Rehabilitation, 1=Restoration, 2=Preservation) — preservation is the most strict and expensive.
  4. Review Construction cost ($/sq ft) and Total project cost as a preliminary budget estimate for financing applications.
  5. Check Soft costs (design, engineering, SHPO review fees at ~22%) which are often underestimated in historic work.
  6. Use Premium vs new (%) to communicate to clients why historic restoration costs more than equivalent new construction.

How the result changes with Building area (sq ft)

Building area (sq ft)Construction cost ($)
100,090$29,276,325.00
350,065$102,394,013.00
650,035$190,135,238.00
900,010$263,252,925.00

What each input means

Building area (sq ft)
Total building square footage.
Era (0-3)
0=Pre-1850, 1=1850-1900, 2=1900-1940, 3=1940-1970.
Condition (1-5)
1=Critical, 2=Poor, 3=Fair, 4=Good, 5=Excellent.
Treatment (0-2)
0=Rehabilitation, 1=Restoration, 2=Preservation (most strict).

What each result means

Construction cost ($)
Hard construction cost for restoration.
Cost per sq ft ($)
Construction cost per square foot.
Soft costs ($)
Design, engineering, and review fees (~22%).
Total project ($)
Construction plus soft costs.
Premium vs new (%)
Cost premium compared to equivalent new construction.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Building area (sq ft) = 5000, Era (0-3) = 1, Condition (1-5) = 3, Treatment (0-2) = 1 = 4 input(s) provided
  2. Calculate Construction cost
    Construction cost = round(buildingSqFt * costPerSf)
    1462500 = $1,462,500
  3. Calculate Cost per sq ft
    Cost per sq ft = round(baseCostByEra * conditionMult * preservMult * 100) / 100
    292.5 = $292.5
  4. Calculate Soft costs
    Soft costs = round(totalCost * 0.22)
    321750 = $321,750

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