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Cost of building a home

Posted on 1/7/13 at 8:37 am
Posted by will1883
Vicksburg, MS
Member since Jan 2010
364 posts
Posted on 1/7/13 at 8:37 am
Does anyone know approximately what it is costing to build a home these days? When I was living in BR in 2007, the builder told me it would cost him appr. $82/sq ft. That wasn't including the lot price and his fee of 10K. The house was in University Club South to give you an idea of the house type. I'm not sure what material prices have done since then (and I am in MS now). Also, what kind of savings can someone expect to be their own contractor (assuming all goes right)?
Posted by NaturalBeam
Member since Sep 2007
14546 posts
Posted on 1/7/13 at 9:19 am to
I built a house last year in Shreveport - I know it's a different market, and gas money up here has kept housing prices above market, but the going rate was $135/sq. ft. all-inclusive for a house in the 1500-2000 sq ft range.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38705 posts
Posted on 1/7/13 at 9:21 am to
In my neighborhood (Ascension Parish), homes are being built and homes are being sold for $136 - 138 square foot, lot included.

Do you have any experience with being your own contractor?



Posted by ItNeverRains
37069
Member since Oct 2007
25978 posts
Posted on 1/7/13 at 11:25 am to
All location, in my area a custom home with contractor is 175/sq ft on average. And two story 3k sq ft is less expensive than one story 3k sq ft, so it's just tough to nail it down.

Find lot, draw up plans, bid plans out. Pay a contractor his 10-15% IMO, it'll be stressful enough
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6164 posts
Posted on 1/7/13 at 4:19 pm to
Do a search, you will find some decent information already discussed.

We just selected our GC and will start building in 6 weeks (hopefully).

We are at $129 s/f, (contractor at flat fee of 42k included) but Im sure we will exceed this. Price does not include the lot (85), pool(42) or outdoor kitchen(15+). Still, its hard to put a number on the price to build. We could build this same SIZE house for $100 s/f if we wanted. Its all about whats inside, therfore finding a "cost to build" will always vary.
This post was edited on 1/7/13 at 4:23 pm
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