Building a home initially costs $268,500, with an additional $58,500 for the cost of construction. To build 1200 sqft home will take about 4-6 months to complete. The following article provides cost breakdown of the general building process .
Building an average home in the United States costs about $238,000. This number is provided by the National Association of Home Builders, who have been studying the topic for more than 20 years. It’s a comprehensive survey that includes many different factors such as labor, lumber, utilities and so on. Now that we know how much an average house costs to build, let’s see what goes into it.
Average cost to build 1200 sqft home
The average construction cost for a 1200-square-foot house is approximately $180,000. This is the average price of a single-family home in the US, according to data from the U.S. Census Bureau.
It’s important to note that this figure doesn’t take into account any extras or upgrades you might want to add on (like a deck or stone fireplace), so your actual costs could be higher than this number.
The average cost of building a house depends on several factors, including:
The size and style of your home
The materials you choose
Your geographical location
Average Cost to Build a House in the US
The average cost to build a house in the United States is $303,000, according to the National Association of Home Builders (NAHB). This price is based on data from the first quarter of 2019. The NAHB reports that this is up from $275,200 in 2018 and $260,900 in 2017.
There are many factors that will affect your costs when building a home. The size of your lot, the size of your home and your contractor’s experience are just some factors that can affect the cost of building a new home.
Costs for Building a House by Region
In order to get an idea of how much it costs to build a house by region, you can use an online cost calculator like the one on CostHelper or Energy Star’s Cost Guide. You can enter information about your location and find out how much it will likely cost for labor and materials in your area.
The following are approximate construction costs for different parts of the country:
New England — $184 per square foot; total construction costs: $248 per square foot
Northeast — $170 per square foot; total construction costs: $214 per square foot