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Cost of building a house

Kroze

Diamond Member
Anyone here build their house or have some idea about it? I'm just wondering what's the rough estimate of building a house going to cost?

Just a single house with 3 bedroom & a basement?
 
why did it jumped so much?

and house much will it cost do you think for a house like above? $150k?
 
Between $90 and $120 a sq ft depending on customization and materials. Smaller home = > per sq/ft cost.
 
build it in a third world country. You get a MANSION for the cost of a hovel in the US, plus $1/hr maids 😛
 
Your cost will vary of course by where you live, I m not sure about the New Jersey market. One thing to take into consideration is that material cost are at about a 10 year high. The cost of wood is severely inflated as of right now. Interest rates are still low enough right now that you may be able to offset the extra material costs. This is where your local area market values will become vital. In most cases you will have to own your land in order to get the loan to build the house. So, there are many factors that to think about before building. I would check out the State Comptrollers Office web page. You can pull all the tax cards for houses and land you may be looking at. This will give you the amount the state has appraised the property for tax purposes. This is generally about 20% below market value. HAPPY HUNTING!!
 
I was my own contractor in SJ. 2 years ago we built my house for about 80/sq ft not including land, water/sewer hookups which can be huge.
 
If you can be your own general contractor and do some of the work yourself, you can save a good load of money. Hopefully someday I'll build my own house.
 
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