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Cost of Parking Lot Extension in Sherman

If you're considering extending your parking lot in Sherman, TX, it's essential to understand the various factors that can influence the overall cost. Whether you're expanding for additional capacity or upgrading existing infrastructure, several elements will affect your project's budget.

Factors Influencing Costs

  • Site Preparation: Clearing and grading the land to ensure a level surface.
  • Materials: The type of materials used, such as asphalt or concrete.
  • Labor: Costs associated with hiring skilled labor for the project.
  • Permits and Inspections: Fees for obtaining necessary permits and passing inspections.
  • Drainage Systems: Installation of proper drainage to prevent water accumulation.
  • Lighting and Security: Adding lights and security features for safety.
  • Landscaping: Incorporating greenery and aesthetic elements around the parking lot.

Average Costs for Common Tasks

Task Average Cost (Sherman, TX)
Site Preparation $2,000 - $5,000
Asphalt Paving $3 - $6 per square foot
Concrete Paving $5 - $10 per square foot
Drainage Installation $1,500 - $4,000
Lighting Installation $2,000 - $5,000
Landscaping $1,000 - $3,000
Permits and Inspections $500 - $1,500

Understanding these factors and average costs can help you plan and budget effectively for your parking lot extension in Sherman, TX.

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