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1. Using Figure 1-3, develop a rough-order-of-magnitude cost estimate for the construction of a 20,000-square foot fire station. 2. Assume that the estimate developed in exercise 6 was for construction in Dallas in 2002. a) Using Figure 1-5, what do you estimate the cost would be for a similar fire station constructed in New York in 2002? b) Using Figure 1-5, what do you estimate the cost would have been if the fire station had been constructed in Dallas in 1997?

1. Using Figure 1-3, develop a rough-order-of-magnitude cost estimate for the construction of a 20,000-square foot fire station. 2. Assume that the estimate developed in exercise 6 was for construction in Dallas in 2002. a) Using Figure 1-5, what do you estimate the cost would be for a similar fire station constructed in New York in 2002? b) Using Figure 1-5, what do you estimate the cost would have been if the fire station had been constructed in Dallas in 1997?

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CT: Test
Problem 24CT
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1. Using Figure 1-3, develop a rough-order-of-magnitude cost estimate for the construction of a 20,000-square foot fire station.

2. Assume that the estimate developed in exercise 6 was for construction in Dallas in 2002.

a) Using Figure 1-5, what do you estimate the cost would be for a similar fire station constructed in New York in 2002?

b) Using Figure 1-5, what do you estimate the cost would have been if the fire station had been constructed in Dallas in 1997?

Construction Cost Index Numbers Year Chicago Dallas New York Seattle 2003 49 37 57 45 2002 47 36 56 44 2001 45 35 55 43 2000 44 34 53 42 1999 43 33 52 41 1998 42 33 51 40 1997 40 32 50 39 1996 39 31 49 38 1995 38 30 47 38 FIGURE 1-5 Historical cost indices.
Transcribed Image Text:Construction Cost Index Numbers Year Chicago Dallas New York Seattle 2003 49 37 57 45 2002 47 36 56 44 2001 45 35 55 43 2000 44 34 53 42 1999 43 33 52 41 1998 42 33 51 40 1997 40 32 50 39 1996 39 31 49 38 1995 38 30 47 38 FIGURE 1-5 Historical cost indices.
7 INTRODUCTION Estimated Building Costs Average Cost per Square Foot Average Cost per Square Foot Building Type Building Type $125 $113 Medical Office, 1-2 story Apartment, 1-3 story Apartment, 4-8 story $106 $108 Motel, 2-3 story $107 Office Building, 2-5 story Post Office Branch Bank $160 Classroom Building $110 $88 Fire Station $108 Restaurant $130 Hospital, 2–3 story $155 School $94 $125 Store $80 Hospital, 4–8 story Hotel, 3-6 story $102 Warehouse $60 FIGURE 1-3 Square-foot cost estimating database.
Transcribed Image Text:7 INTRODUCTION Estimated Building Costs Average Cost per Square Foot Average Cost per Square Foot Building Type Building Type $125 $113 Medical Office, 1-2 story Apartment, 1-3 story Apartment, 4-8 story $106 $108 Motel, 2-3 story $107 Office Building, 2-5 story Post Office Branch Bank $160 Classroom Building $110 $88 Fire Station $108 Restaurant $130 Hospital, 2–3 story $155 School $94 $125 Store $80 Hospital, 4–8 story Hotel, 3-6 story $102 Warehouse $60 FIGURE 1-3 Square-foot cost estimating database.
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