Comp #: 1110 Interior Surfaces - Paint
Quantity: (1) Building
Location: Interiors Funded?: Yes. History: 2015
Comments: Regular cycles of professional painting are recommended to maintain appearance. Small touch-up projects can be conducted as needed as a maintenance expense, but comprehensive painting of interior areas will restore a consistent look and quality to all areas. Best practice is to coordinate at same time as other interior projects (flooring, furnishings, lighting, etc.) whenever possible to minimize downtime and maintain consistent quality standard.
Useful Life: 10 years
Remaining Life: 4 years
Best Case: $ 30,000
Worst Case: $ 40,000
Cost Source: Allowance Estimate
Comp #: 1141 Building Exterior - Paint
Quantity: (1) Bldg; ~8,000 GSF
Location: Building exteriors Funded?: Yes. History: 2021: $27,000
Comments: The building exteriors should be painted periodically to restore or maintain good aesthetic standards for curb appeal. As routine maintenance, we recommend that regular inspections, spot repairs and touch-up painting be included in the operating budget. Typical paint cycles can vary greatly depending upon many factors including; type of material painted, surface preparations, quality of material, application methods, weather conditions during application, moisture beneath paint, and exposure to weather conditions. In our experience, cost estimates for painting can vary widely, even when based on the same prescribed scope of work. Estimates shown here should be updated and revised as needed based on actual bids obtained or project cost history during future Reserve Study updates.
Useful Life: 10 years
Remaining Life: 8 years
Best Case: $ 25,000
Worst Case: $ 30,000
Cost Source: Client Cost History
Association Reserves, #6510-0
193
7/29/2022
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