The most expensive price tag comes with building on your own land – a whopping $776,300! It’s not just the cost of land that pushes up the price of construction though. Getting the foundations right, along with other professional fees, pushes construction costs up to a whole new level. There are other big expenses too – like the price of buying materials, hiring builders, and getting your plans approved. So how much should you budget if you’re planning on building on your own land?
Cost to build home on land
The cost to build a home on your own land can vary greatly depending on the size, type and location of the lot. If you’re planning to build a custom home on your own land, the average construction costs are between $200 and $300 per square foot. The total cost of building a custom home on your own land starts at $100,000 and can go up to $500,000.
When building a mobile home on your own land, the average cost is between $75 and $125 per square foot. The total cost of build
The average cost of building a home on your own land is $180,000. However, this price can vary depending on the size and quality of the home you want to build.
If you want an average-sized, 2,500-square-foot home with four bedrooms and two bathrooms, it can cost up to $90 per square foot, or $220,000 in total.
But if you want something bigger and better, like a 3,500-square-foot home with five bedrooms and two bathrooms, it could cost up to $120 per square foot or $360,000 in total.
A custom-built home can cost even more than that because it will be unique to your needs and budget.
How much does it cost to build a home on your land?
The average cost to build a home on your own land is about $90,000 for a 1,500-square-foot house. This includes labor, materials and taxes.
If you’re building a custom home on your land, the cost could be more than double this amount.
You’ll need to hire an architect or builder to help you design and construct your home. If you want architectural plans, they can range from $2,000-$7,000 per floor plan. If you already have plans in mind, however, you might be able to save money by doing the work yourself or hiring an architect who charges by the hour rather than per plan.
Once you have plans in place, it will take about six months for construction of a small house on your own property — but that doesn’t include any major renovations or additions that may come up during construction.