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What Does It Cost to Build a New House?

I’m often asked what it costs per square foot to build a house in the Tri-State area. In spite of having built five homes, there’s not an easy answer because of the many factors involved.

1. What’s included? Is it just the cost of the house or are you including the septic, well, driveway and landscaping?

2. Finishes - Hardwood floors, stone, high-end appliances all add to the cost versus fiberglass showers, vinyl siding, standard appliances, formica counters.

3. Design – This is probably the biggest factor affecting square foot cost. A square 2-story Colonial with a clean, simple design will cost less than a shingle-style house with lots of eaves and dormers.

4. Where is the square footage located? Second floor space is less expensive than adding more to the foundation for a larger first floor.

So, is she going to answer this question or not? Okay, I am not including septic, well and landscaping as those items can vary enormously depending on your building site. Here in the northeast, construction costs do tend to be a bit higher. In our neck of the woods, a house with a simple design and basic finishes can be built for as little as $200 per sq. ft. and can go up to $400+ per sq. ft., depending on the above factors.

 

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