The cost to build a 5000 square foot home is going to vary depending on the location and quality of the home. The average price of a new home in 2018 was $317,000 according to Zillow. That doesn’t include the cost of building the land or any amenities such as a pool or garage. The average size of new homes in 2018 was 2,827 square feet. So how much does it cost to build 5000 square foot house?
The answer depends on where you live, but here’s a general breakdown:
1. Site development costs – $15,000 – $20,000
2. Foundation – $30 – $40 per sq ft
3. Framing – $45 – $55 per sq ft
4. Electrical wiring and plumbing pipes – $5 – $10 per sq ft
5. Roofing – $15 – $20 per sq ft
Cost to build a 5000 square foot HOME
The cost of building a home varies greatly depending on where you live, the size of the home and the features included.
Whether you’re building a 5000 square foot home or a 500 square foot home, there are several factors that will impact your total construction costs.
The following are some of the most common factors that affect construction costs:
Size of Home – The larger the home, generally speaking, the more expensive it is to build. This is because larger homes require more materials and labor to complete.
Location – The location of your home plays an important role in determining how much it will cost to build. For example, if you’re building in an area where labor costs are high (such as New York City), then this will increase your total construction costs. On the other hand, if you’re building in an area where labor costs are low (such as rural Pennsylvania), then this will decrease your total construction costs.
Budget – Even if all else remains equal, one homeowner may spend more than another due to their budget constraints. For example, some homeowners may choose to include expensive finishes such as hardwood floors or granite countertops whereas others may opt for less expensive options like carpeting or laminate
How much does it cost to build a 5000 square foot home?
A standard home in the US is about 2,000 square feet. If you want more space, you’ll need to make some adjustments to the design and materials.
The cost of building a 2,000 square foot home can vary widely depending on where you live, how your house is laid out, and what features you choose. The average price is $250 per square foot or $500,000 for the entire project.
How much does it cost to build a 5000 square foot commercial building?
The cost of building a 5000 square foot commercial building depends on factors like location and size of the structure as well as whether it will be built from scratch or added onto an existing structure. For example:
A new three-story office building costs $100 per square foot in North Dakota but only $77 in South Carolina according to BizBuySell. A five-story office building costs $180 per square foot in South Carolina but only $106 in Idaho according to BizBuySell.