For a discussion. of the related concepts of entrepreneurial incentive, developerâs profit, contractorâs profit, profit, and project profit, see Appraisal Institute, The Appraisal of Real Estate, 13th ed.
According to the Fire Protection Research Organization's 2009 Fire Sprinkler Cost Assessment, sprinkler installation costs homebuilders $0.38-$3.66 per sprinklered square foot, with an average cost of $1.61 per sprinklered square foot. For an average 2,200-square-foot home, expect to pay about $3,542.
That is to say the cost of a sprinkler system for a property that is twice the size of another is not necessarily twice the price. This is because sprinkler systems run in zones. A zone is an area with pipe and approximately 5-10 sprinkler heads.rovide a few details about your project and receive competitive quotes from local pros. On average, sprinkler system installation costs $2,449, with most homeowners spending between $1,832 and $3,322.