Building Valuation Schedule
INFORMATION BULLETIN
101
January 2024
IN THIS BULLETIN:
This Information Bulletin provides construction valuation amounts used to determine the building valuation for new construction, miscellaneous building projects as well as alterations and additions.
Please refer to Information Bulletin 501 for applicable permit and permit application fees. The following Building Valuation Data has been provided by the International Code Council (ICC) dated August 2023 to determine the building valuation and provides average construction costs on a per square foot basis.
Occupancy Group | IA | IB | IIA | IIB | IIIA | IIIB | IV | VA | VB |
---|---|---|---|---|---|---|---|---|---|
A-1 Assembly, theaters w/ stage | 335.89 | 324.58 | 316.94 | 304.93 | 286.87 | 278.00 | 295.62 | 266.02 | 257.55 |
A-1 Assembly, theaters w/o stage | 307.39 | 296.08 | 288.44 | 276.42 | 258.37 | 249.50 | 267.12 | 237.51 | 229.05 |
A-2 Assembly, nightclubs | 269.94 | 261.93 | 254.48 | 245.85 | 230.56 | 223.99 | 237.02 | 209.57 | 202.79 |
A-2 Assembly, restaurants, bars, banquet halls | 268.94 | 260.93 | 252.48 | 244.85 | 228.56 | 222.99 | 236.02 | 207.57 | 201.79 |
A-3 Assembly, churches | 311.88 | 300.57 | 292.93 | 280.91 | 263.30 | 254.43 | 271.60 | 242.45 | 233.98 |
A-3 Assembly, general, community halls, libraries, museums | 266.07 | 254.76 | 246.12 | 235.10 | 216.33 | 208.46 | 225.80 | 195.47 | 188.01 |
A-4 Assembly, arenas | 306.39 | 295.08 | 286.44 | 275.42 | 256.37 | 248.50 | 266.12 | 235.51 | 228.05 |
B Business | 260.69 | 251.13 | 241.86 | 231.65 | 210.99 | 202.73 | 222.56 | 186.21 | 177.81 |
E Educational | 273.46 | 263.96 | 255.62 | 245.04 | 228.69 | 217.00 | 236.61 | 200.36 | 193.94 |
F-1 Factory & industrial mod-hazard | 160.20 | 152.78 | 143.34 | 138.64 | 123.55 | 117.41 | 132.48 | 102.44 | 95.93 |
F-2 Factory & industrial low-hazard | 159.20 | 151.78 | 143.34 | 137.64 | 123.55 | 116.41 | 131.48 | 102.44 | 94.93 |
H-1 High Hazard, explosives | 149.46 | 142.04 | 133.60 | 127.90 | 114.12 | 106.97 | 121.74 | 93.00 | N.P. |
H-2 H-3 H-4 High Hazard | 149.46 | 142.04 | 133.60 | 127.90 | 114.12 | 106.97 | 121.74 | 93.00 | 85.50 |
H-5 HPM | 260.69 | 251.13 | 241.86 | 231.65 | 210.99 | 202.73 | 222.56 | 186.21 | 177.81 |
I-2 Institutional, nursing homes | 302.01 | 292.45 | 283.18 | 272.97 | 253.83 | N.P. | 263.88 | 229.05 | N.P. |
I-3 Institutional, restrained | 295.86 | 286.31 | 277.03 | 266.83 | 247.95 | 238.69 | 257.74 | 223.17 | 212.77 |
I-4 Institutional, daycare facility | 262.22 | 252.95 | 244.31 | 235.67 | 215.42 | 209.47 | 235.71 | 193.82 | 187.73 |
M Mercantile | 201.37 | 193.36 | 184.91 | 177.28 | 161.72 | 156.15 | 168.45 | 140.73 | 134.95 |
R-1 Residential, hotels | 264.67 | 255.41 | 246.77 | 238.13 | 218.35 | 212.40 | 238.17 | 196.75 | 190.67 |
R-2 Residential, multiple family | 221.32 | 212.06 | 203.42 | 194.78 | 175.96 | 170.01 | 194.82 | 154.36 | 148.28 |
R-3 Residential, one/two family | 209.61 | 203.74 | 198.94 | 195.12 | 188.41 | 181.45 | 191.77 | 175.86 | 165.67 |
R-4 Residential, care/assisted living facilities | 262.22 | 252.95 | 244.31 | 235.67 | 215.42 | 209.47 | 235.71 | 193.82 | 187.73 |
S-1 Storage, moderate hazard | 148.46 | 141.04 | 131.60 | 126.90 | 112.12 | 105.97 | 120.74 | 91.00 | 84.50 |
S-2 Storage, low hazard | 147.46 | 140.04 | 131.60 | 125.90 | 112.12 | 104.97 | 119.74 | 91.00 | 83.50 |
U Utility, miscellaneous | 114.09 | 107.37 | 99.89 | 95.60 | 85.13 | 79.54 | 90.99 | 67.39 | 64.19 |
- Partial building permits - use following % of entire project valuation:
- Foundation only permits use 10%
- Structural frame only permits use 50%
- Build-out permits (no TI’s) use 20%
- For shell only buildings use 80 percent of entire project valuation.
- Private Garages use Utility, miscellaneous.
- Unfinished basements (Group R-3) = $31.5 per sq. ft.
N.P. Means not permitted
I. Miscellaneous Valuations
The following Miscellaneous Valuations table was developed by the San Diego Chapter of ICC and is adjusted annually using the ENR 20 Cities Construction Cost Index, as published by Engineering News-Record, McGraw-Hill Publishing Company.
Structure or Item | Valuation | Structure or Item | Valuation |
---|---|---|---|
Agricultural Building | $59 /sq ft | Pile Foundations |
|
Aluminum Siding | $18 /sq ft | Cast-in-place concrete piles | $66 /lf |
Antennas |
| Steel piles | $161 /lf |
Radio over 30 ft high | $10,876 ea | Retaining Wall |
|
Dish, 10 ft diameter |
| Concrete or Masonry | $55 /sq ft |
w/decoder | $13,213 ea | Re-roofing |
|
Awning or Canopy |
| Note: 1 square = 100 square feet |
|
(Supported by Building) |
| Built-up |
|
Aluminum | $65 /sq ft | Asphalt based Low Slope | $494 /sq |
Canvas | $28 /sq ft | Single-Ply | $803 /sq |
Balcony | $45 /sq ft | Coating | $265 /sq |
Carport | $26 /sq ft | Fiberglass | $442 /sq |
Commercial Coaches | $3,624 ea | Overlay | $362 /sq |
Decks (wood) | $45 /sq ft | Aluminum | $1,766 /sq |
Demolition of Building | $8 /sq ft | Clay Tile | $803 /sq |
Dwelling Solariums | $149 /sq ft | Concrete Tile | $723 /sq |
Fence or Freestanding Wall |
| Metal Standing Seam | $2,249 /sq |
Wood or Chain Link | $6 /sq ft | Roof Structure Replacement | $46 /sq ft |
Wood Frame with Stucco | $18 /sq ft | Saunas (Steam) | $21,060 ea |
Wire | $6 /sq ft | Spa or Hot Tub | $22,291 ea |
Masonry | $28 /sq ft | Stairs (Ramps) | $45 /sq ft |
Wrought Iron | $18 /sq ft | Stone and Brick Veneer | $20 /sq ft |
Fireplace |
| Storage Racks | $3 /cu ft |
Concrete or masonry | $11,214 ea | Suspended Ceilings | $16 /sq ft |
Prefabricated metal | $7,281 ea | Swimming Pool |
|
Greenhouse | $18 /sq ft | Per sq ft of surface area |
|
Manufactured Housing | $75 /sq ft | Vinyl-lined | $104 /sq ft |
Mobile Home | $75 /sq ft | Gunite | $114 /sq ft |
Patio |
| Fiberglass | $124 /sq ft |
Wood Frame with Cover | $28 /sq ft | Tenant Improvements | $104 /sq ft |
II. Alterations to Existing Structures With No Additional Floor Area or Roof Cover
Structure or Item | Valuation |
---|---|
Interior Partition | $151 /lf |
Install Windows or Sliding Glass Doors | $46 /sq ft of opening |
Close Exterior Wall Opening | $45 /sq ft of opening |
To determine building valuation when the scope of work does not add to the existing floor area, for example when enclosing an open porch, or when converting a garage to living space, use the difference in the valuation per square foot between the existing and the new use or occupancy.