Refurbishment costs
Refurbishment costs
- 1999
- CSM 8 (7) March 1999, 8(1) .
A study by Building Maintenance Information (BMI) shows that refurbishment of existing buildings costs about two-thirds of the equivalent new building. The actual proportion varies according to type of building, from 56% for bank branches to 80% for flats. Table.
BMI
BUILT ENVIRONMENT-BUILDING COSTS
COMPARISONS
REFURBISHMENT COSTS
REHABILITATION COSTS
A study by Building Maintenance Information (BMI) shows that refurbishment of existing buildings costs about two-thirds of the equivalent new building. The actual proportion varies according to type of building, from 56% for bank branches to 80% for flats. Table.
BMI
BUILT ENVIRONMENT-BUILDING COSTS
COMPARISONS
REFURBISHMENT COSTS
REHABILITATION COSTS