blue house icon
How to compare home builder's prices, quote to quote
Selecting the right mortgage when buying new
How to know when you're getting the quality 
and craftsmanship you deserve
How to avoid costly mistakes and headaches
Top ways to make your home more energy efficient
Tips on building or buying a healthier home
First Name:
Last Name:
Email:
(Kit emailed to you):
Your information is Safe and Secure
?>
Submissions of edits or additions are not guaranteed to be added or applied.
Close

Average Cost of Building a Home

Image

There are many factors to be considered when home building. One important thing you should do is check the cost of this construction against the average cost of building a home in your region. This cost can vary from region to region. Other factors also must be taken into consideration, such as the cost of the property, permit costs and blueprint costs just to mention a few.

Other Factors that Impact the Average Cost of Building a Home Per Square Foot

Other Factors Much will depend on how the average cost of building a home goes up or down. For instance, depending on the location the average cost of building a home can vary from around a hundred dollars per square foot to well over $1500. It has been shown that homes with the same floor plan in an area that is more affluent will cost more than its twin built in a middle priced neighborhood. The mantra of location, location, location is without a doubt true when looking at building costs.

The average cost of building a home varies by materials used. Top of the line materials will add to that cost, where dependable middle priced materials will greatly reduce that price. That is in no way a suggestion for using sub-standard materials, but to merely suggest that name brand is not always the best way to shop for materials. There are many items that are high quality without being top dollar.

Labor plays a huge factor in the average cost of building a home, average as well as whether or not a contractor is used or the owner decides to contract the work out themselves. Studies have shown this to affect the average cost of building a home by as much as one-third. As well, regions of the country where plumbing and electrical services as well as other construction are cheaper, the saving can be dramatic.

The average cost of building a home is affected by the architect or designer as well. Custom designs can become expensive costing two or three times as much as stock plans. On top of that the owner must factor in the cost of modifying plans as well as permit costs, insurance costs and if a loan is taken out fees and interest that may come from any bridge or mortgage loan.

Many factors go into the average cost of building a home. From location to labor a home’s average building cost could vary from one hundred thousand to over one million. Let’s recap…

Average Cost of Building a Home Overview:

1 Check the cost of this construction against the average cost of building a home in your region.
2. Cost will vary by location.
3. Average cost of building a home varies by materials used. Top of the line materials will add to that cost, where dependable middle priced materials will greatly reduce that price.
4. Labor plays a huge factor in the average cost of building a home.
5.Average cost of building a home is affected by the architect or designer.
6. Learn more the average cost of building a home by downloading the free New Home Steps Guide above and become savvy on home building and the associated cost.

I hope this helps.


Fatal error: Call to undefined function wp_get_post_image() in /homepages/25/d452439791/htdocs/wp-content/themes/twentyten/single.php on line 81