construction costs
Project spending totals
Construction costs are the expenses incurred in building or renovating a structure—materials, labor, equipment, permits, and contractor fees.
The term appears constantly in real estate, budgeting, and project planning: Construction costs came in twenty percent over budget.
Hard costs cover physical building; soft costs include design, permits, and financing.
Rising construction costs have slowed new housing development.
- craneLifter or wader
- bricksFired clay building units
- concreteSolid building mixture
- lumberSawn wood for building
- drywallGypsum-core building panels
pipe · steel · electrician · carpenter · markup · overhead · mason · bulldozer · glass · rebar · surveyor · insulation · contingency · punch list · board · excavator · square footage · change order
- construction costslabor rates, contractor fees, contractor bids, bids, bid
- replacement costrepair estimate, permit fees
- transit financefares, funding, fare box, ridership, tickets
- constructionbuilding site, hammer, building, beam, beams
- real estatehouse, home, apartment, property, sale
- utility rateswholesale rates, retail rates, water rates, seasonal rates, peak rates
construction costsmaintenance costs
Expenses preserving functional condition
operating costs · maintenance fees · repair costs · renovation costs · upkeep costs