LCI Preconstruction & Estimating Training Manual

Budget Selection Tool - Residential Units **Does not Include Markups**

Option 1 (Base Budget Unit Costs)

Cost Variance from BB unit Costs

Trade

Quantity U/M DD Base Budget

Option 2

Option 3

Hybrid Finish Selections

06600 Finish Cabinetry

$

366,000

$0

Cabinets and Vanities

61 Unit

$

366,000

$

366,000

$

622,200

$

732,000

04419 Quartz Countertops

$

196,840

($6,124)

Kitchen Countertops

3,499 SF

$

202,964

$

202,964

$

196,840

$

419,925

$

36,720

$36,720

Kitchen Backsplash

918 SF

$

-

$

27,540

$

36,720

$

55,080

$

48,604

($2,821)

Master Bath Vanities

661 SF

$

51,426

$

51,426

$

48,604

$

69,435

$

40,884

($2,373)

Bath Vanities

556 SF

$

43,258

$

43,258

$

40,884

$

58,406

$

25,000

$698

Laundry Vanities

313 SF

$

24,302

$

24,302

$

25,000

$

37,500

Hard Tile

$

136,142

$0

Bathroom Floor Tile

9,076 SF

$

136,142

$

136,141.50

$

181,522.00

$

226,902.50

$

261,671

$0

Bathroom Wall Tile

17,445 SF

$

261,671

$

261,670.80

$

314,004.96

$

383,783.84

$

73,541

$4,903

Laundry Room Floor Tile

4,903 SF

$

68,638

$

68,637.80

$

73,540.50

$

122,567.50

Wood Flooring and Carpet

$

115,900

$0

Bedroom Carpet

3,863 SY

$

115,900

$

115,900

$

115,900

$

115,900

$

747,420

$266,936

Engineered Wood Flooring

53,387 SF

$

480,484

$

480,484

$

587,258

$

747,420

VE Option (Luxury Vinyl Plank)

SF

Residential Appliances

$

871,080

$0

Appliance Package; Panels & Installation

61 Units

$

871,080

$

871,080.00

$

891,975.55

$

910,730.00

$

2,621,863

$2,649,403

$3,134,450

$1,257,786 $3,879,649

$

2,919,801

$297,938

Totals

$27,540

$512,587

$

297,938

Variance From DD Base Budget

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