A new residential project has been planned at 120 Putnam Street in Bernal Heights, San Francisco. The project proposal includes the development of a three-story single-family residence. Plans call for the demolition of an existing one-story single-family home on the site.
AEM is responsible for the design concepts.
The project site is a parcel spanning an area of 1,750 square feet. The project will bring a new three-story residence, offering three bedrooms. The total residential built-up area will span up to 620 square feet. Two vehicular parking spaces will also be developed on the site within an area of 406 square feet of garage space.
The project construction cost is estimated at $610,000. The project application has been submitted and awaits review. The estimated construction timeline has not been announced yet.
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Where did the $610,000 estimate come from? This seems incredibly low to demolish and build a new home.
It comes from the project application filed with the planning department. It is usually a narrow estimate specifically about construction, so not inclusive of all costs.