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| What is building cost data used for? |
| Building cost data is used to develop replacement or reproduction costs, depreciation values and insurable values of buildings and other improvements.
Marshall & Swift data has become the industry benchmark for preliminary budget feasibility and design alternative/life-cycle costing; energy audits; estimating and bidding for new construction or partial loss and damage repair; evaluations for lending, assessing, insurance and rate-setting purposes; real estate listing and market comparable tools; sinking funds and reserve estimates and for the valuation of special purpose properties. |
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| Why is Marshall & Swift considered the leading provider of building cost data? |
| Marshall & Swift has the single most comprehensive database in the marketplace. Marshall & Swift construction experts throughout Canada and the United States and its territories regularly survey tens of thousands of material prices, labor rates and equiment prices, resulting in more than 2,500 databases of location-specific costs. |
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| Where does your building cost data apply? |
| Marshall & Swift cost data is used to determine replacement costs in the United States and its territories, in Canada and select foreign cities worldwide.
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| What does cost data contain? |
| Marshall & Swift cost data includes the cost of labor, materials and installed components. |
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| What happened to the Boeckh publications? |
| As of December 2003, Marshall & Swift discontinued all Boeckh appraisal cost publications, including the Commercial, Institutional, Light Industrial Building Cost Guide, Agricultural Building Cost Guide and High-Valued Dwelling Cost Guide. Marshall & Swift’s equivalent subscriptions - the Marshall Valuation Service, Residential Cost Handbook and Exceptional Homes – are now the sole publications that provide this information. |
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