How much does the average new home cost to construct?
This is perhaps one of the most difficult questions to accurately answer without properly analyzing the specific house plans, customer requirements and project specifications. Typically this “figure” will be quoted – based on a “price per square foot”. That is – taking the overall costs to construct a new home and dividing it by the overall square footage of the home. Of course, the more that is included in a new home, the greater the cost (per square foot). Conversely, in order to build a new home on a more modest budget, some of the so called “bells and whistles” can not be included, thus limiting the many required choices and selections (of items included in the new home) to items that will much better allow us to meet a more conservative budget. As such, it is difficult (and often somewhat misleading) to really provide a fair number in this regard. Obviously, the sky is the limit when it comes to selections and choices that will all contribute to increased costs. On the other hand,
