Appendix
Attachment 4 - Building Value vs Cost Per Square Foot Analysis
December 10, 2013Page 551 section
Table comparing actual construction values in View Royal for 2013 against the current $100/sq.ft standard.
Most projects averaged exactly $100 / sq.ft due to the current standardHighest observed value: $109.68 / sq.ft in January
Attachment 4
Building Value vs Cost Per Square Foot Analysis

| Month | Average Build: Construction Value | Average Build: Cost per Square Foot | Above Average: Construction Value | Above Average: Cost per Square Foot |
|---|---|---|---|---|
| November 2013 | $235,410 | $100 / sq.ft | $331,000 | $100 / sq.ft |
| $202,254 | $100 / sq.ft | |||
| $171,600 | $100 / sq.ft | |||
| $187,300 | $100 / sq.ft | |||
| $165,200 | $100 / sq.ft | |||
| September 2013 | $168,200 | $100 / sq.ft | ||
| $214,670 | $100 / sq.ft | |||
| $158,500 | $100 / sq.ft | |||
| August 2013 | $277,700 | $100 / sq.ft | ||
| $160,400 | $100 / sq.ft | |||
| $206,700 | $100 / sq.ft | |||
| $160,400 | $100 / sq.ft | |||
| $175,400 | $100 / sq.ft | |||
| July 2013 | $206,800 | $100 / sq.ft | ||
| $259,884 | $100 / sq.ft | |||
| $206,600 | $100 / sq.ft | |||
| June 2013 | $258,300 | $100 / sq.ft | ||
| $230,000 | $100 / sq.ft | |||
| $177,000 | $100 / sq.ft | |||
| $187,152 | $100 / sq.ft | |||
| May 2013 | $175,500 | $100 / sq.ft | ||
| $207,200 | $100 / sq.ft | |||
| $206,860 | $100 / sq.ft | |||
| April 2013 | $173,800 | $100 / sq.ft | $350,000 | $105.44 / sq.ft |
| $350,000 | $106.36 / sq.ft | |||
| March 2013 | $163,200 | $100 / sq.ft | ||
| February 2013 | $160,400 | $100 / sq.ft | ||
| $205,000 | $100 / sq.ft | |||
| January 2013 | $175,300 | $100 / sq.ft | $300,000 | $109.68 / sq.ft |
| $166,000 | $100 / sq.ft | |||
| $160,400 | $100 / sq.ft | |||
| $222,000 | $100 / sq.ft |
Page 55
Extracted from: 2013 12 10 Committee of the Whole Agenda