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DEMO 75% form.docxThis form may be used to help establish the percentage of demolition work performed to an existing home in the course of a remodel. Once demolition has met or exceeded 75% of the value of the existing home’s replacement cost, the structure will be required to be rebuilt to the standards of new construction. Replacement cost of existing home $______________________ How was the value determined? __________________________________________________________ Component Value of Existing Component Percentage removed Replacement cost of removed component Notes Foundation Floor Framing Floor Insulation Wall Framing Wall Insulation Siding Roof Framing Attic Insulation Windows Doors Plumbing Electrical HVAC Drywall Cabinets Deck Other Total % of total removed Percentage of Removed equals ‘Total of Column 4 divided by Full Replacement cost’ equals_________% Owner_________________________________________________________Date________________ Contractor______________________________________________________Date________________