Total Cost to Build a House vs Cost Per Square Foot
The average cost to build a new home in the USA varies depending on many factors, such as the size, home plan design, building materials, and location of the house. The approximate average cost of building a new 2100 square foot home in the United States is about $334,000 or $159 per square foot. The range can really vary from state to state and by local zip codes. See the charts below in this article for more information.
First, think of it as asking “what does a car cost by the pound?” Hmmm, got your attention?
What does Cost Per Square Foot (SqFt) mean? The cost per square foot of living area is calculated by dividing the total cost of the home by the livable (heated) square feet, EXCLUDING the covered porches and garages. Cost per Sqft may be misleading, as different builders may have different ways of measuring and estimating the costs of these non-living areas. Land costs, sitework development, utilities, and other preconstruction costs must be considered for a “TOTAL COST TO BUILD” but are usually NOT in a cost per square foot method.
Be aware of construction cost per square foot. This metric is often used to compare several types of homes, locations, and builders, as well as to estimate the construction budget and financing needed for a new house construction. Total Cost To Build is a more involved calculation, as it includes many more factors, such as the house plans, foundation type, garage area, covered porches, construction materials, and location of the house. The personal level of plan customization, quality of finish materials good, better, best, and custom features of the house will change the construction costs.
So what is the Total Cost to Build a new house? There are ways of estimating the total costs for new construction that will break out the line costs of each part of the new home and include non-living areas, garages, porches, sitework, utilities and more. Therefore, it is important to be aware of and develop a total construction budget that includes all the construction line items in your construction budget.
The Cost to Build a House cost calculator can provide you with a solid starting point estimate, It will break out the line items and TOTAL construction cost budget that you can adjust to be more accurate.
Want to get started creating your personalized cost to build report? Link your plan and order today – go to CostToBuildAHouse.com (then click on the “contact us” if you have more questions)
Median Home PricesNew Home Construction Cost RangeNew Home Construction Cost Per SqftNote: “Foundation up” estimated costs onlyNote: “Foundation up” estimated costs onlyLand / Site work / Utilities / and other soft costs will ADD Costs to Construction