Between $16 and $20 per square foot Average
The average construction cost is much higher than the 2011 cost, which was $184,125, and NAHB notes it is the highest it’s been since 1998. The 2013 construction cost per square foot ($95) also jumped in comparison to 2011, where it was $80 per square foot. Framing and trusses are the largest component of construction costs. The average home built in 2013 was: 1  2,607 square feet of finished area. 2  constructed on 14,359 square feet of land (about a third of an acre). 3  sold for $399,532. 4  average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). An average commercial steel building costs between $16 and $20 per square foot, including building package (I-Beams, purlins, girts etc.) , delivery, foundation and the cost of construction. Home prices of $55, $66, $72, $80, $84, $92, $110, $118, and $328 per square foot combine to produce an average of $112 per square foot, which is probably a reasonable figure for many areas of the country. However, the difference between the lowest figure and the highest is very substantial. In addition, not all boroughs are created equally. Manhattan is, not surprisingly, the most expensive borough in which to build, with average hard construction costs for buildings over 10 stories logging in between $400 and $600 per square foot, according to IVI International’s Barone. New construction will run between $250 per square foot and $500 per square foot: That will mean between $275,000 to $550,000 not including the cost of the land. 0 votes • Thank • Flag • Link • Thu May 10, 2012. Cancel. Generally, turnkey costs will start at around $70 a square foot for a starter home in ideal conditions. An average level of finish will be more like $90-100. At $110-120 we are building a custom finish.
http://porch.com/advice/new-home-construction-costs-numbers/ http://porch.com/advice/new-home-construction-costs-numbers/ http://www.buildingsguide.com/faq/what-average-commercial-building-cost-square-foot http://www.b4ubuild.com/faq/faq_0002.shtml http://therealdeal.com/issues_articles/nycs-construction-craze/ http://www.trulia.com/voices/Remodel_and_Renovate/Average_cost_per_square_foot_for_new_construction-381372 http://www.blueridgecustomhomesofva.com/financing/cost/
average cost for residential construction is square foot