Our primary resource for construction cost estimating is RSMeans, along with data provided from the projects that we design in each locale. The current data, for a 1-3 story wood frame garden-style apartment building with brick veneer is currently running between $110 and $125 per square foot in the greater Austin area.
These costs include soft costs for Architecture and Engineering as well as Contractor fees such as overhead and profit. These costs do not include the cost of the property or the site improvements and infrastructure that may be required for the project. They also do not include any financing costs associated with the project.
