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The chart below gives cost estimates to build a house across a range of sizes, using a low-end cost of $100 per square foot, an average modern build at $155 per square foot, and a high-end custom builds at $400 per square foot.
Building a new house costs an average of $150 per square foot. The price per square foot to build a house varies by ZIP code, so your location will cause that number to fluctuate.
The cost to build in 2024 will have a wide range, anywhere from $138,115 and $523,890, with a national average of around $315,176, which does not include the land. In comparison, the U.S. Census Bureau puts the median sales price of a new on-site home at $417,400 in May 2024.
You can build a 2,800-square-foot home for about $468,000, based on national averages. However, there will be wide price disparities market-to-market and vendor-to-vendor, so consult building and real estate professionals for custom quotes to determine your best approach.
The average cost to build a house is $150 per square foot. Labor accounts for about 40% of the cost, while materials account for 60%. Cost to Build a House by Number of Bedrooms. The average home in the U.S. today is 2,220 square feet and has two to three bedrooms.
The average cost of land for building a house is $6.70 per square foot. This is the raw cost of the land only—no structures. On average, a 0.4-acre or 17,220-square-foot lot costs $114,620.
Home building costs, broken down. You’ll need to take into account a number of key points to estimate the true cost of building a new home. Here’s a breakdown of some of the costs that might factor...
Building Cost Per Square Foot. Per survey data from HomeAdvisor, the cost to build a new home can range from $117,971 to $450,345, with an average of $284,158. This overall cost to build a house will vary due to region, home type, size and desired home features or luxuries.
For a starter home without many bells and whistles, an average price per square foot could be in the low hundreds, though a more realistic estimate would be somewhere between $200 and $250...
The cost to build a house depends on a variety of factors, including the size of the home and where it’s built. Breaking down the costs can put your budget into perspective, and it may help...