FAQ#: 113 published 3-30-2019
Cost Analysis for Elevated New Construction Homes.
Overview: As part of the Restore Louisiana Homeowners Assistance Program, IEM was tasked to provide a cost analysis for elevated new construction homes within the program. The cost analysis is intended to provide a realistic expectation of the additional costs that can be expected when constructing a foundation capable of elevating a home 3 feet or greater above existing ground.
Design Assumptions: While various constructions methods and designs may be considered, it is necessary to develop the cost analysis around similar floorplan layouts. This approach allows for the analysis to illustrate on how the total cost of construction efforts may vary depending upon floorplan size without being skewed with other design details. The following assumptions were considered:
2100 sf plan with 6 Foot Elevation:
| Item | Unit | Rate | Qty | Unit | Unit Cost |
| Timber Pilings | 2100 /sf | $24.00 | 945 | LF | $22,680 |
| 4 " Concrete Under Building | 2100 /sf | $4.00 | 2100 | SF | $8,400 |
| CMU Block | $23.00 | 360 | EA | $8,280 | |
| Survey | 2100 /sf | $1,200 | 1 | LS | $1,200 |
| Geotechnical | 2100 /sf | $0.96 | 2,100 | SF | $2,019.23 |
| Engineering | 2100 /sf | $2.70 | 2,100 | SF | $5,665.24 |
| Elevation Certificate | 2100 /sf | $1,200 | 1 | LS | $1,200 |
| As Builts | 2100 /sf | $1,500 | 1 | LS | $1,500 |
| Stairs / Landings | 2100 /sf | $5,000 | 1 | $5,000 | |
| Façade Up Charge for Elevation | 2100 /sf | $0.77 | 2100 | $1,623.93 | |
| Total Cost | $57,568.40 | ||||
| Price Per SQ FT | $27.41 |
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