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re: Estimate on Custom Construction

Posted on 3/26/15 at 7:50 am to
Posted by Ziggy
Member since Oct 2007
21700 posts
Posted on 3/26/15 at 7:50 am to
quote:

That size house with finishes in house shown could be done around $ $120-125/sq ft

Is this assuming he acts as the GC or gets a builder/GC to do it turnkey?

What type of markups are GC's getting these days on residential builds?
Posted by HamCandy
Team Meat
Member since Dec 2008
898 posts
Posted on 3/26/15 at 10:18 am to
I would think the 120-125 is based on a gc building the house. And assuming they have their own lot already.

GC fees can range from 10%-20% depending on the market and how busy or hungry the GC is. Be advised that GCs will always have "juiced" numbers in their bid, so if they say there oh/p is 10% that sometimes is not the case.
This post was edited on 3/26/15 at 10:21 am
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