The chart below gives cost estimates to build a house across a range of sizes, using a low-end cost of $100 per square foot, an average modern build at $155 per square foot, and a high-end custom builds at $400 per square foot.
Cost to Build a Tiny, Small, or Guest House. Cost To Build a 2, 3, or 4 Bedroom House. For instance, you will pay about $175 per square foot to build a mid-range house in Austin, TX, and $135 per square foot in North Dakota. Prices per square foot in your area will also depend on local material and labor costs. Add overhead, profit, and finishing, and the average cost per square foot to build a house is $100 to $155 depending on the region.Ĭost Per Square Foot to Build a House Regionĭata is from the US Census Bureau Survey 2017 accounting for inflation and appreciation levels. Cost Per Square Foot to Build a HouseĪccording to the National Association of Home Builders, a general contractor's expenses are $85 per square foot for new home construction. Then you’ll have to factor in the cost of the land, financing, finishing out the lot, landscaping, and more which can add up to $80,000 or more. If you do decide to go custom, your dream home will only account for 75% or less of your final costs. Cost To Build A House National Average Cost New home construction takes up to one year to complete, and there are many steps to the home building process that we will cover in detail. New home construction for a 2,000 square foot home runs $201,000 to $310,000 on average.īuilding a custom designed dream home will usually end up costing more than if you were to buy a new home already built in a subdivision, or if you work with a developer that has floorplans to choose from. The average cost to build a house is $248,000, or between $100 to $155 per square foot depending on your location, size of the home, and if modern or custom designs are used.
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