Self Qualifying Worksheet
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To help determine your Estimated Cost of Construction, LSSA has supplied the following guide:
Determine the estimated square footage for the following rooms:
Living Area
Dining Area
Kitchen
Entry
Master Bedroom
Master Bath
Master Closet
Additional Bedroom
Additional Bedroom
Office
Laundry/Utility Room
Storage
Other
Other
TOTAL SQ FT OF LIVING AREA
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
_________________
Multiply
the Total Square Feet of Living Area by 1.25 to allow for interior and
exterior walls, hallways, and other circulation. Then multiply that number
by $225 as follows:
Total Square Feet
X 1.25
TOTAL
X $225
TOTAL COST FOR HOME
_________________
_________________
_________________
To
add in costs for a garage, determine your estimated square footage and
multiply by $100.
Total square feet for garage
X $100
TOTAL COST FOR GARAGE
_________________
_________________
_________________
Now
add together “Total Cost for Home” and “Total Cost for
Garage” to determine your “Estimated Cost of Construction.”
TOTAL COST FOR GARAGE:
ESTIMATED COST OF CONSTRUCTION
_________________
_________________
*Sq. Ft. cost calculation base price as of March 2006
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