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Building Valuation Data – February 2015 - iccsafe.org

Building Valuation data February 2015 The International Code Council is pleased to provide the following Building Valuation data (BVD) for its members. The BVD will be updated at six-month intervals, with the next update in August 2015 . ICC strongly recommends that all jurisdictions and other interested parties actively evaluate and assess the impact of this BVD table before utilizing it in their current code enforcement related activities. The BVD table provides the average construction costs per square foot, which can be used in determining permit fees for a jurisdiction. Permit fee schedules are addressed in Section of the 2012 International Building Code (IBC) whereas Section addresses Building permit valuations.

a. Private Garages use Utility, miscellaneous b. Unfinished basements (all use group) = $15.00 per sq. ft. c. For shell only buildings deduct 20 percent

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