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The right question is not “How much will an architect COST you?” but rather “How much can an architect SAVE and MAKE for you?”
Firstly, a good architect will help lead you through a complicated and difficult process.
Savings: your sanity.
Secondly, a good architect will help you get the same benefit out of a 10% smaller area by designing it for space efficiency.
Savings: 10% on construction, 10% on taxes, and 10% on upkeep and operations.
Thirdly, a good architect will make your building more energy efficient and reduce the maintenance on your structure.
Savings: 10-20% or more on annual operational costs.
Fourthly, a good architect will produce a set of documents (CDs) suitable for competitive bidding.
Savings: 10-20% of the construction cost you would have gotten without the CDs after all the change orders to incorporate elements you failed to tell the contractor about.
Fifthly, a good architect will design a building that is timeless and stylish and will most likely sell for 10-20% more than similarly located non-architect designed buildings. So, the money you “save” by not hiring a good architect may cost you more, over the life of your ownership of the building.