Construction Valuation Guidance
Construction Valuation Guidance
For purposes of determining valuation, include permanent equipment, fixtures and items that are part
of the building being permitted, including:
• Paint, finishes and carpet
• Sprinkler systems
• Sitework regulated by the Building Code or CalGreen, including sidewalks part of an accessible
route, bicycle parking, etc.
• Site lighting and installation of accessible features at a parking area or other outdoor location.
• Rough and/or finish grading not covered as part of a separate grading permit
• All permanent mechanical, plumbing or electrical, information technology or security systems
• Permanent kitchen equipment such as built in, permanently connected or anchored stoves,
ovens and hoods.
• All permanently anchored equipment essential for the use of the building
• Elevators or other conveying systems
• Green roofs or other landscaping part of the permanent architecture of the building
• Courtyard or public area paving part of an accessible route of travel or exit discharge
• Contractor labor, profit and overhead
• Any other cost related to the cost of constructing a code compliant building and/or that is part
of the permanent architectural features of the building
Neither of these lists are all inclusive, and the applicant is encouraged to ask if there is question about
whether an item applies, such as unique plumbing fixtures, household appliances or finishes of
excessive cost that are far beyond what would typically be installed. For valuations connected to
Substantial Improvement / Substantial Damage calculations, see FEMA P-758, Chapter 4 for more
information.
January 4, 2016