|
The requirements are one thing... the building cost is just absolutely banana for YVR.
I don't understand how building a SFH home now costs upward of $300/sqft. And this is for houses that are 3000sqft+, anything less than that, the cost per sqft just goes even further. Premium build would be north of $600/sqft
And that's for residential. For commercial builts, here is even more crazy as they adhere a more strict code on weight bearing and whatever.
But for reference, my family did a flip down in GA. We did an almost full-scale refurb (stripped almost down to the frame. Very good bones, but the place was severely behind in maintenance) to a 130 units multifamily project at roughly U$70/sqft.
Our commercial unit building project, a 12000sqft retail/light industrial with full 6" concrete at 4000PSI to support 3000+lb/sqft and built everything beyond the code for things like earthquake and tornado... the full cost including the separation in between to split the units and basic interior (loft on certain portion) decor was just under U$210/sqft. Granted we hired our own team and everything so our cost is minimized as we cut many middlemen. But still... converting it to CAD, the cost here is absolutely crazy relative to US where the average income is higher than ours.
__________________
Nothing for now
|