Welcome - This blog was created to discuss the common questions and topics concerning the start-up and ongoing operations of A Brush with Kindness and Aging in Place

Tuesday, April 21, 2015

Calculating The Cost of an ABWK Project

Figuring out material and supply cost for a project is fairly simple and straight forward if you understand the work scope. Arriving at a cost for staff, transportation and warehouse expenses are a more complicated formula.

Habitat for HumanityAt Twin Cities Habitat for Humanity, we have decided to create a per day cost for our projects to simplify the process for how we pass on these costs to the homeowners we serve.

For projects that cost $3,500 or more, we put a forgiveable mortgage on the home so that we have a way to secure our investment into the home and community. The mortgage stays on the property between 7 - 10 years depending on the value of the project. We used to calculate costs based on the materials used and 50% of the retail value (which historically would come close to our organizational cost of a project.
Habitat for Humanity

However, as our projects have grown in depth and expense this model is less accurate. So we have decided to calculate our average project expenses based on days onsite including prep work. Twin Cities Habitat for Humanity

You can see how we calculate exterior and interior projects here: ABWK Project Calculator

No comments:

Post a Comment