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How To Estimate The Price of The House?

By adminJanuary 29, 20202 Mins Read
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The average estimate of house price data for house building is between $100 to $155 per square foot or $248,000 as whole, or mainly varying on the size of the home, location of the home, and the use of custom or modern designs. However, construction for a new home of around 2000 square foot home on average can easily range in between $201,000 to $310,000.

Moreover, constructing a dream home even with the custom design usually costs more rather than buying a house. In addition, it takes one or more year for a new home to complete, and there are numerous steps required to follow during the process of building a home. Here is the data on how much does building a house can cost you.  

COST TO BUILD A HOUSE

  • Minimum Cost $155,000
  • Maximum Cost $1,000,000
  • National Average Cost $248,000
  • Average Range $178,000 to $416,000

If you want to furnish your dream home with custom design, then it will only cost you either 75% of your final cost or less. After that, you’ll have to decide the further aspects that also affect house price data, such as-

  • Land –
  • Size Number of Stories –
  • Pools, Decks, Fencing, & Landscaping – 
  • Finishes & Fixtures –
  • Type of Roof –
  • Appliances – 

Cost To Build a 2, 3, or 4 Bedroom House

It will cost you between $248,000 and $310,000 on an average base in the construction of building a 3-bedroom house, while it will cost about $388,000 to $465,000 to build a house with 4-bedrooms, and will cost you about $93,000 to $155,000 to make a small home with 2-bedrooms.

The final cost will be depending upon many variables, such as where you live, number of bedrooms, the total square footage, appliances, type of flooring, cabinets, number of bathrooms, etc.

Cost Per Square Foot to Build a House

For new home construction, expenses are $85 per square foot on hiring a general contractor. Add overhead, finishing and final touchups, depending on the region that the average cost to build a house is $100 to $155 for per square foot.

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