Architecture and Design Fees

architect and design fees

Architecture and Design Fees

If you’re interested in hiring an architect, you’re probably curious about what the typical architecture and design fees are.

 

Typically, an architect’s fee is calculated as a percentage of the project’s final cost of construction. Architects’ fees range from 10 to 20 percent for residential projects. However, when you first start the design process, it is difficult, if not impossible to accurately determine the final construction cost. During this initial time period (before a good estimate of the final project cost is possible) the architect may charge an hourly fee. An architect may also ask for an up front retainer to begin work. Keep in mind that the final cost of construction is not the total project cost. Total project cost is the sum of hard costs (construction) and soft costs (fees and testing). For budgeting purposes you should assume that soft costs are an additional 25 percent of the total hard costs.

 

Want to learn more about how to hire an architect? Check out our free guide!

No Comments

Post a Comment

9 Spambots Blocked by Simple Comments