170 million for 3,700 units of housing is next to impossible, even if you’re building massive Khrushchovki. That would total a little under 46 thousand dollars per unit. A unit you could build with that amount of money would barely be a tiny studio apartment that could poorly sustain at most two people.
Also that would be 46 thousand per unit, that’s not even taking into account the foundation, pavement outside, sidewalks, light fixtures, sewer access and major plumbing, garages, hallways (if an apartment), storage space, pump rooms, or any appliances.
Another way to factor the cost of an apartment building is by unit. The average cost runs from $65,000 to $86,000 per unit. Keep in mind that the numbers in this scenario don’t include labor costs or site improvements.
Labor adds a ton, obviously, but that figure also seems to include some items a government construction project could minimize (permitting costs), and it's an estimate of an individual project, not a statewide effort to build thousands of units. There would likely be some economies of scale.
It would be interesting to see how they came up with that figure.
I assume maintenance would be preformed by an agency overseen by the state. Similar to how it was done in the Soviet Union. I didn’t even bother taking maintenance into account since you could plausibly separate that as a post hoc expense, which isn’t that concerning if you can’t even build those 3,700 units lol.
Oh I can see that; more so just wondering how that factors into the price. Exponentially it'd grow with each few units; that original price becomes even more a fairy-tale.
Also, what are they gonna do? Throw it at private contractors who'll just waste it all on building half a foundation?
170 million for 3,700 units of housing is next to impossible, even if you’re building massive Khrushchovki. That would total a little under 46 thousand dollars per unit. A unit you could build with that amount of money would barely be a tiny studio apartment that could poorly sustain at most two people.
Also that would be 46 thousand per unit, that’s not even taking into account the foundation, pavement outside, sidewalks, light fixtures, sewer access and major plumbing, garages, hallways (if an apartment), storage space, pump rooms, or any appliances.
It does seem low, but not out of the realm of possibility:
Labor adds a ton, obviously, but that figure also seems to include some items a government construction project could minimize (permitting costs), and it's an estimate of an individual project, not a statewide effort to build thousands of units. There would likely be some economies of scale.
It would be interesting to see how they came up with that figure.
Who's gonna maintain them too? Sure, people can do fixes. What if a sewer main cracks?
I assume maintenance would be preformed by an agency overseen by the state. Similar to how it was done in the Soviet Union. I didn’t even bother taking maintenance into account since you could plausibly separate that as a post hoc expense, which isn’t that concerning if you can’t even build those 3,700 units lol.
Oh I can see that; more so just wondering how that factors into the price. Exponentially it'd grow with each few units; that original price becomes even more a fairy-tale.
Also, what are they gonna do? Throw it at private contractors who'll just waste it all on building half a foundation?