Low-Cost Options for Remodeling a Residential Structure in Puerto Rico

Abstract

This project is based on the remodeling and rehabilitation of a concrete house in the town of Guánica, Puerto Rico. The remodeling and rehabilitation of this house needed construction management and effective cost management. For this, a cost analysis was carried out on the main components of the remodeling and rehabilitation of this house and a category system was developed to establish the allocation of the budget for each necessity. It was found that by developing a detailed cost analysis with enough information, it would help economic and financial decision-making. The researched data for the cost of each material included three of the largest construction material distribution chains in Puerto Rico: Home Depot, ACE Hardware and National Lumber and Hardware. A minimum of two option packages were directly compared with the allocated budget and an objective decision was made towards the best financial and economic option. Key Terms ⎯ Budget Control, Cost Analysis, Roofing Materials, Structural Components.