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Home Building Price Per Square Foot: How Much Will Your New Home Cost?

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Cost is the biggest obstacle for people who desire to build their own home from the ground up. Many home builders and contractors provide estimates based on building price per square foot, as opposed to giving a general price for the job. By understanding this fact, and learning about your floor plans you can have an idea of how much the home building price per square foot should be.

Home Building Price Per Square Foot Considerations

Typically home building price per square foot takes into account only livable space. Things like basements and attics, or anything else that does no constitute living space will not be taken into account in this estimate, however they still cost money to add.

To help figure out your home building price per square foot take some time to figure out the measurements from one outside wall to another. Contractors figure the prices for building materials this way, and by learning these measurements you will have a rough idea of what should be charged.

Take time to create some reference materials that list the home building price per square foot at the high end. By over estimating this information you can often save money. This strategy also works well for things inside the house like counter tops, and cabinets. By budgeting yourself at the high end you are more likely to stay under your budget.

Talk to your building company and get their home building price per square foot estimated. Take this information, and compare it to the notes you have made on the subject so you can see any discrepancies that arise. For the living area the two estimates should be in the same ballpark. If you have estimated high you may be pleasantly surprised by the information the construction company gives you.

Create a reference guide that includes not only home building price per square foot, but also the total charges of the entire building process. Once again is you have estimated high you might find a pleasant surprise when you talk to a company. Also by estimating high in this guide you have some kind of reference so you can figure out if a company is trying to overcharge you.

Estimating your home building price per square foot will help you adjust you monetary needs early on in the process so that you can avoid problems further down the road. It will also help you avoid getting overcharged for your building project.

A good idea would be to download the free new home Steps Guide above on the right hand side and really get educated on the overall home building process and how homes are priced.

Let’s quickly review…

Home Building Price Per Square Foot:

1. Cost is the biggest obstacle for people who desire to build their own home from the ground up.
2. Typically home building price per square foot takes into account only livable space.
3.To help figure out your home building price per square foot take measurements from one outside wall to another.
4. Figure on estimating the home building price per square foot at the high end. By over estimating this information you can often save money.
5. Talk to a few builders or contractors and get an estimates.
6. Learn more about estimating the cost of building by downloading the free new home Steps Guide above on the right hand side and become savvy on the overall home building process.


Let me know if you have any questions. Good luck in achieving your home building goals.

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