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You think you can finish construction six months after Ralph and Marie get their loan. They plan to meet with the bank next week for

You think you can finish construction six months after Ralph and Marie get their loan. They plan to meet with the bank next week for final approval. This is before you can finish a detailed plan, but they need a cost estimate for the loan approval. What do you suggest?
Avoid delays by doing a parametric estimate based on square footage and typical construction cost for your area. At 2800square feet, and cost of $100per foot, this project should easily fit within the $400,000budget, even after adding your management fees and the upgrades.
Delay the start date by ten days to finish your project plan and to create a detailed bottoms-up cost estimate.

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