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Cost of Parking Lot Extension in Castle Rock

Extending a parking lot in Castle Rock, CO can be a significant investment for businesses and property owners. Understanding the various factors that influence the cost can help in budgeting and planning for the project. The following sections break down the key elements that affect the cost and provide an overview of common tasks and their average costs.

Factors Affecting Cost

  • Size of Extension: Larger extensions require more materials and labor, increasing the overall cost.
  • Type of Materials: Asphalt, concrete, and permeable pavers each come with different price points.
  • Site Preparation: Costs can vary depending on the need for grading, excavation, and removal of existing structures.
  • Drainage Requirements: Installing proper drainage systems can add to the expense.
  • Permits and Inspections: Local regulations may require permits and inspections, which come with associated fees.
  • Labor Costs: Labor rates in Castle Rock, CO can influence the total cost, especially for specialized tasks.
  • Landscaping and Finishing: Additional features like landscaping, lighting, and signage can increase the final cost.

Average Costs for

Task Average Cost in Castle Rock, CO
Site Preparation $1,500 - $5,000
Asphalt Paving $3,000 - $7,000 per 1,000 sq ft
Concrete Paving $4,000 - $9,000 per 1,000 sq ft
Permeable Paver Installation $6,000 - $12,000 per 1,000 sq ft
Drainage System Installation $2,000 - $6,000
Line Striping $300 - $600
Landscaping and Finishing $1,000 - $3,000
Permit Fees $200 - $500
Inspection Fees $100 - $300

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