Below $85 per square foot.
By Heather Taylor on January 3, 2014 • (10). NAHB recently published the latest construction cost survey. The survey shows that the average home was built on 14,359 square feet of land, had 2,607 square feet of finished area, and sold for $399,532. The average share of the home’s sales price which goes to the construction costs jumped from 59 percent in both 2009 and 2011 to 62 percent in 2013. Finished lot costs, accounting for the second largest share of the sales price, dropped from 22 percent in 2011 to 19 percent in 2013 Take the price of the home, deduct the price of the land, and divide that amount by the square footage of the home. For example, if the home is selling for $230,000 and the land costs $30,000, then the construction cost is around $200,000. If the home is 2,000 square feet, then the cost per square foot is $100. Use several new homes in your area to get an approximate square footage price. 1 Usually the cost of building a home increases around 3% to 6% per year. 2  If it will be several years before you begin construction, remember to include inflation into the cost estimate for your home. 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). 1 sold for $399,532. 2  average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). 3  second largest share of the sales price, which was the finished lot costs, was 19% (lower than the 2011 share of 22%). 1 A modular home (built in a factory then trucked to the building site in sections) starts at $50,000-$60,000 for 800-900 square feet (1-2 bedrooms, 1 bath) not including the cost of the land, foundation or other site work, but can cost $500,000-$1 million for large, customized homes. 1 Building a garage typically costs about $35-$45 a square foot, or $8,400-$10,800 for a standard single-car garage and $13,300-$17,100 for a two-car garage. 2  A custom outdoor greenhouse with a solid foundation, heating and electricity starts at $10,000-$20,000 for a small structure, but can cost $25,000-$50,000 or more. 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). 1 sold for $399,532. 2  average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). 3  second largest share of the sales price, which was the finished lot costs, was 19% (lower than the 2011 share of 22%). Simply enter a zip code or select a state below for the state's average home construction cost per square foot and the average new square foot size for homes sold in that state. Then just click Submit for your results! With Resi-Cost you no longer have to guess your home's cost using rules of thumb like construction cost per square foot. Resi-Cost provides you an economical, simple, fast and accurate way to budget your home's design, built in your specific location with your material selections. 1 average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). 2  second largest share of the sales price, which was the finished lot costs, was 19% (lower than the 2011 share of 22%). 1 sold for $399,532. 2  average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). 3 The average custom home building costs for custom homes built in the United States is right around $83 per square foot. The median price however was $78 per square foot. In the majority of states the average cost is below $85 per square foot. In the northeastern states and California the average price of construction can be between $100 and $120 dollars per square foot. In reality there are many factors that impact the average custom home costs. Let’s walk through a few 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. 1 sold for $399,532. 2  average share of the home’s sales price which goes to construction cost was 62% (up from 59% in 2011). 3  second largest share of the sales price, which was the finished lot costs, was 19% (lower than the 2011 share of 22%).
http://eyeonhousing.org/2014/01/cost-of-constructing-a-single-family-home-in-2013/ http://architecture.about.com/cs/buildyourhouse/a/costs.htm http://porch.com/advice/new-home-construction-costs-numbers/ http://home.costhelper.com/construction.html http://porch.com/advice/new-home-construction-costs-numbers/ http://www.home-cost.com/construction-cost-per-sf.html http://porch.com/advice/new-home-construction-costs-numbers/ http://homebuildingsmart.com/average-custom-home-building-costs/ http://porch.com/advice/new-home-construction-costs-numbers/
average home construction cost