Building Costs - Kent County, Delaware

Delaware's building costs are among the lowest in the region.

Examples for 2008:

  Residential Commercial
Dover, DE 1.03 1.04
Wilmington, DE 1.05 1.04
Philadelphia, PA 1.18 1.16
New York, NY 1.34 1.32
Boston, MA 1.21 1.17
Washington, DC .96 1.00
Newark, NJ 1.12 1.11
US Average 1.00 1.00

Source:  R.S. Means Company, Inc. Kingston, Massachusetts.


Sale of Prime Industrial Sites (per square foot)

  Improved Unimproved
  2-5 Acres 10 or more Up to 10 10-99 Acres
Dover $1.60 $1.40 $1.61 $ N/A
Baltimore $4.50 $4.25 $1.75 $1.75
Southern New Jersey $1.75 $1.40 $1.00 $.75
Philadelphia $2.50 $2.00 $1.00 $.50

Source: Society of Industrial and Office Realtors, Washington, DC.

 

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