Because ICC building construction valuation data is higher than local builders are quoting, staff asked for input from TREBIC members on residential construction cost per square foot to get an accurate local cost value. The following minimums (for Residential Construction Value) will go into effect January 1st 2016.
| Current | $75-All | ICC Building Valuation Data (1.05 Modifier) |
|
| SRF-Heated Up to 1500 Sq. Ft. $50 1501 + Sq. Ft. |
$50 $68 |
$75 | 115.81 |
| Unfinished Bonus Room Unfinished Basement Garage |
$20 | $30 | $59.55 |
| Decks/Porches | $10 | $15 | N/A |
