Budget Projection Worksheet Name _____________________

Please answer the following questions in preparation for the architectural design activity that you will
soon complete.

1. What occupation do you plan, or wish to pursue as your career?

2. Please predict your family size and where you would like to live I 5 to 10 year. List your
information below.
City ________________________
State or Country ________________________
Family Size (including yourself) ________________________

3. Based on your responds to the questions above, please look up the average income (in U.S.
dollars) for someone in your chosen field who lives in the area you indicated above.
Record the annual income below.
Average annual income ________________________

4. Add the average incomes above and then multiply by 2 . Record your housing allowance below
(this would be the maximum amount of a loan a bank could offer).

________________________

5. Use the cost calculator at www.building-cost.net to help you decide the shape, size, and level of
quality that you will be able to afford. Click on the Start Calculator button. Experiment with
shapes in small (1200 ft2), medium (1600 ft2), and large (2000 ft2). Sizes at the lowest quality
level. As you start to realize your constraints, you can focus on size and shape, while you dial up
the quality level. Continue to make changes until you reach your housing allowance. Please make
the assumptions shown on the next page as you go through the calculator for the first time.
 Attic area for a Ranch will be unfinished and equal to the living area.
Attic area for a two story will be unfinished and the living area.
Attic area for 1 story will be unfinished, 2/3 of the living area, and will be less than 78
inches of headroom.
Attic area for a split level will be unfinished and 2/3 of living area.

6. Based on your findings, please record your decisions and cost below. These will be used to
constrain your architectural design.
Number of corners I will include in m design ___________
Approximate living area I will include in my design _________ ft2
Basement (circle responses) (Yes or No) (Finished or Unfinished)
Garage (circle responses) (Yes or No) (Finished or Unfinished)
Porch area I will include in my design _________ ft2

Estimate cost estimate of my design with the above constraints $___________

(Attach the cost estimate produced at www.building-cost.net)