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Costs of Building a New Home

July 26, 2018 by Dena

Many people dream of buying or building their own home and we are often asked the question “How much does it cost to build a home?”  There is no easy way to answer this question.  However, the NAHB has done a great job of breaking down the construction costs with this graphic showing were the money is allocated along the eight main steps of construction. The analysis was based on a single family home with 2,776 finished square feet, a lot size of just over 11,000 square feet, and includes costs to the builder such as labor, cost of materials, and charges from subcontractors. This article does a great job of explaining the process and the costs of building a new home.

Keep in mind there are many variables when building and this graphic gives you a rough estimate.  If you would like to find out more about building a home, give us a call or send us an email and we would be happy to discuss the home building process with you.

 

 

Filed Under: builder, new home construction, residential construction

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