Cost to build home per sqft (pounds per square foot) home costs are typically very significant for the typical American. As a new homeowner, you’ll be shocked at how much it costs to build a house. While many people have never really given much thought to the cost of a typical US home, this is something that is always on your mind as you start looking for a new house to buy.
Cost to build home per sqft
The cost to build a home varies greatly on the size of the home being built. The cost per square foot is calculated by dividing the total cost of construction by the total square footage of your new home.
The average cost per square foot has been steadily increasing over the last few years. In fact, it has increased more than 10% since 2011. With more people wanting to build their own home, builders are forced to increase their prices in order to stay competitive in today’s market.
Costs vary based on location, climate and type of construction used. The cost also depends on your budget and how much work you want done by professionals versus yourself or friends and family members.
Here are some different types of homes that we have built recently and their costs per square foot:
Bungalow – 1200 sq ft – $130/sqft
Cape Cod – 1800 sq ft – $125/sqft
The cost to build a house depends on many factors. The size of the home, materials used and location all affect the final price. It is difficult to give an average figure for building a single-family house because there are so many variables involved. A new home can be built for as little as $50 per square foot or more than $200 per square foot depending on the complexity of the design and features desired.
Home Size
The size of your new home will have a major impact on how much it costs to build. For example, if you want an extra bedroom and bath, you’ll need to add more square footage to your home plan. The same applies if you plan on having a large garage or bonus room on the second floor that requires additional square footage above the main living area of your house.
Building Materials
The type of materials you use also affects how much it costs to build a new home. For example, if you choose brick instead of vinyl siding or granite countertops instead of laminate, then this will increase your project budget as well. You may also need to upgrade your electrical wiring or plumbing lines if they aren’t adequate for modern standards.