Building a 2000 square foot house isn’t cheap. And you know why? It’s because of the materials that are needed to build it. They’re EXPENSIVE! The frame might cost 50 to 100 grand, and that doesn’t include the plumbing, electricity, extra materials for other features (e.g. solar panels). I don’t know about you, but this sounds like a lot of money to me: I could buy two new cars with that kind of money!
Building a house is an exciting project, but it’s also a big commitment of time and money. There are several things you need to consider before deciding to build a house. Unless you have enough savings, every step you will be taking during your journey should be planned carefully. If you’re considering building your own home, start by collecting all the facts about the pros and cons of building versus buying.
The average cost to build a 2000 square foot home is $316,000. This includes the cost of labor and materials, as well as permits, inspection fees and other incidentals.
The average cost breakdown for a 2000 square foot home is as follows:
Labor: $19,300 – Labor costs account for about 30% of total construction costs. The average hourly rate for skilled trade workers is between $35-45 per hour. Contractors charge more because they have more overhead costs (insurance, equipment rental, etc). If you’re building a house yourself or with friends/family, then these costs will be lower.
Materials: $30,200 – Materials account for another 30% of total construction costs (or less). If you’re building your own home then these costs will be even lower since you can buy materials in bulk at discount prices. Also keep in mind that this estimate assumes that all materials are purchased new; if salvaged materials are used instead then the price will be much less.
Permits & Inspections: $2,500 – Permits and inspections account for roughly 3% of total construction costs but vary widely depending on where you live (some municipalities have no permit fees). In most cases the inspector charges
Building a home can be a daunting task. The process has hundreds of steps and requires countless decisions to be made before the first brick is laid.
The cost of building a house varies widely depending upon the size and type of home being built as well as where it’s located. A 2000-square-foot ranch-style house in Kansas City may cost $100 per square foot, while an identical house in New York City could cost $300 per square foot.
The average cost to build a 2000-square-foot home is about $200 per square foot — or about $400,000 for the entire house.
In this article we’ll look at the average cost to build a 2000 sq ft home, broken down by category so you can see where your money goes when building a new house.
The average cost of a 2,000 square foot home is $250,000. However, there are many factors that can affect the cost of your home. The type of home you want will have a significant impact on the price tag. For example, if you’re building a custom home it’s going to cost more than if you’re building a modular home.
Cost Breakdown
The total cost of building a 2,000 square foot home will depend on several factors:
Size and location – The size and location of the lot will play a big part in determining the final price tag. A smaller lot in an urban area is going to cost more per square foot than a larger lot in suburbia.
Style and amenities – Some homes come with more amenities than others, which adds to their overall cost. For example, some may have nicer cabinets or appliances while others may have pools or spas.
Modular vs custom – If you choose to build with modular components instead of customizing everything yourself then this will save money since they’re already pre-fabricated at the factory and only need to be assembled on site. However, if you choose to build from scratch then this can cause costs to go up significantly as each piece
The cost to build a house is an important factor in deciding whether or not it’s worth buying land and building your own home. The average cost to build a house will depend on the size and features of your dream home, but you can get an idea by looking at costs of other homes built in your area.
Here’s how much it costs to build a 2,000-square-foot home:
Average Cost to Build a 2,000-Sq. Ft. Home: $100 per square foot
This example assumes that you’re building with standard materials and using skilled labor. If you’re building with higher-end materials or hiring inexperienced workers, expect the price per square foot to increase significantly.
The cost of building a home varies greatly depending on the size and location, type of construction and materials used, and whether you’re building from scratch or remodeling an existing home.
The U.S. Census Bureau reports that the average new single-family house sold in December 2017 cost $328,200 (not including land). The median price was $303,600.
To help you get a better idea of what it costs to build a home, here’s an overview of some key factors that affect the cost of construction:
Size – The larger the home, the more expensive it will be to build. A typical 2,000-square-foot home built on a slab foundation costs about $150 per square foot to build, while the same size house built with masonry walls costs about $160 per square foot (including labor). A 3,000-square-foot house would cost about $170 per square foot for both types of construction.
Location – Building codes vary by region as well as state and local jurisdictions. In areas where codes are strict, such as California or Florida, building codes add significantly to construction costs because they require more expensive materials and construction methods such as fireproofing that can add 20 percent or more to your budget