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Question DetailsAsked on 7/24/2012

How much does it cost approximately to build a new home - per square foot -no lot needed - utilities already on site

Looking for a ball park figure per square foot to build a home

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2 Answers


This question has been asked several times in this section already.

The basic answer is it is impossible to answer this question; there are too many variables related to location, type of construction, time line, and site conditions.

Find a plan you like and price it or get with a design professional who can help you establish a budget.


Answered 8 years ago by Kenny Johnson


As Kenny said - depends a terrible amount on the locale, whether you are putting in a deep foundation (for frost depth) or a basement, house quality of construction, interior finishes, etc, etc. I could tell you $50-500/SF and probably be safe for all but the gold gilt homes, but that is useless because of the wide range. I can tell you the 2011 (latest year reported) National Association of Home Builder's pricing data at this link -

shows about $118/SF for nationwide average finished new home construction sales price, not including land cost - with an average house size just under 2300 SF. However, when fully finished MANY new homes come in more like $150-200/SF, including financing and permits and architect and such.

I would suggest you google this search term - average new home cost per SF - you can find lots of pricing guides, some national and some local, that you can play with fro rough ballpark numbers - but don't budget based on those. For numbers to take to the bank for a loan you are going to need an engineers or architect's estimate and probably a bid from a general contractor for your specific job - and don't forget to put about a 20% contingency on it - 30% or more if you do not have every detail in the plans when you go to the contractors for bids.

Also, don't forget to get estimates for the commonly forgotten "little details" - like utility installation and hookup costs, water well and septic/leach field if needed, surface water control measures, basement waterproofing if in a high water table area, garage, driveway, landscaping, etc. Amazing how often things like that get forgotten.

Answered 6 years ago by LCD

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