What is estimate based on parametric estimating technique

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Reference no: EM133279453

Assignment:

You have been asked to provide an estimate of how much it will cost to renovate a basement. You just completed a renovation of a similar 1000 square foot basement at a cost of $25,000 ($25 per square foot). The basement for which you are developing the estimate is 925 square feet. What is the estimate based on the parametric estimating technique? Round your number.

Reference no: EM133279453

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