Comp #: 1141 Building Exterior - Paint
Quantity: (1) Bldg; ~9,500 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
Comp #: 1142 Building Trim - Paint/Repair
Quantity: (1) Building
Location: Building exteriors Funded?: Yes. History: 2021: $7,500
Comments: Trim sections such as eaves, soffits, fascia, and window/door frames should be painted at the approximate interval shown below to preserve/restore appearance and protect the material from deterioration caused by sun and weather exposure. Ideal practice is to coordinate with other exterior painting or waterproofing projects.
Useful Life: 5 years
Remaining Life: 3 years
Best Case: $ 6,000
Worst Case: $ 10,000
Cost Source: Client Cost History
Association Reserves, #6510-0
251
7/29/2022
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