Deal Analytics: Permits and Construction

Whether you would like us to handle the actual construction work or not, we can make sure you have everything you need to control the process.  As expert residential re-developers, we help you to maximize the ROI on your real estate investment. By offering turn-key plans and permit applications, specially designed finish packages, and detailed construction documents, we can make sure you squeeze out every dollar of profit from your project.  If you choose to have us handle construction for you, we guarantee our timelines, so you know exactly what you are paying for, and how long it will take to deliver.  To make the process easier, we split these services into two packages:

jQuery UI Accordion - Collapse content

Permit Pack

Permit Pack includes the following: 

  • Initial scope walk
  • Site measure by a staff Architectural Designer
  • As-built drawings
  • Renovation drawings
  • Completed permit applications to include MEP
  • 2 hours of Architectural Design revisions as needed

Permit Package Pricing:
       Maryland / Virginia

  • Pull & Replace Projects   
    • $2,000 + county/city permit fees
  • Minor Structural Changes  
    • $3,500 + engineering fees ($2,000 +/-) + county/city permit fees
  • Multi-Family Conversions, Additions, & Major Structural Changes
    • $6-8% total construction estimate + engineering fees ($4,000 +/-) + county/city permit fees

       Washington, DC

  • Pull & Replace Projects      
    • $2,500 + city permit fees
  • Minor Structural Changes  
    • $4,000 + engineering fees ($2,000 +/-) + city permit fees
  • Multi-Family Conversions, Additions, & Major Structural Changes
    • $6-8% total construction estimate + engineering fees ($4,000 +/-) + city permit fees

Construction Document Set: $1K- $2K

After developing scope of work and preparing to file for permits, the next phase of construction is having working construction documents.  Working construction drawings will have project specific notes and finish selections.  Finish selections can be selected from our "package" options or you can work with our designer to make custom selections for your property.

Construction Document Set:  $1K-$2K

  • Detailed scope of work
  • Working construction drawings
  • Standard finish packages
  • Packages based on geographical location and ARV
  • All non-package selections must be made with MCG designer
  • Detailed contract budget
  • 2 hours of Architectural revisions as needed

Once a plan has been prepared, a formal budget can be formulated as all of the required information has been gathered to prepare the construction budget.  MCG, like many other reputable contractors, utilizes a "cost+" pricing model.  This allows for full transparency in costs and markup.    

Construction Pricing Example

MCG Cost for Construction

$50,000

General Contracting Fee (15%)

$7,500 

Total Construction Cost

$57,500