Asking how much does it cost to build a colonial house in massachusetts, can trip all kinds of alarm bells. If a person is not thoroughly prepared for the building process, and is just going under blind faith that building a home is all about liberally throwing money at the situation and construction will happen automatically, then that’s pretty serious. But if you are careful with your approach and do plenty of research, it doesn’t have to be laborious or costly.
I’m going to take a shot at answering your question. Pictures and plans are a bit dated as they are from a house I sold over ten years ago but they should give you an idea. You can build any size or type home you want but in this case, I’ll try to give some cost estimates for 1,500- 2,000 square foot homes that are fairly common here in Massachusetts. I should probably say right up front that I am not a builder but have had extensive experience remodeling and building in the past and have built quite a few houses for myself as well as friends and family so, I will share my global thoughts on the subject as well as my estimates on how much it could cost.
How much cost to build a house in massachusetts
The average cost of construction in Massachusetts is $100 per square foot. This is based on the average price of building a 1,500 square foot home with standard features. This price can vary depending on where you live and the type of home you are building. In areas like Boston, the cost of construction is higher due to higher land costs and labor costs. The total cost for construction will also vary depending on whether you are building an addition or a new home from scratch.
The total cost of building a 1,500 square foot home in Massachusetts could range from $160,000-$190,000 if you decide to build from scratch and don’t want any upgrades or customizations done to your home. If you would like upgrades such as granite countertops and hardwood floors, expect this figure to increase by approximately 10%-20%. For example: If you were to build a 1,500 square foot home with granite countertops and hardwood floors, expect this figure to increase by around $20,000-$30,000 (approximately).
How much would it cost to build a house in Massachusetts?
Massachusetts is one of the most expensive places in the country to build a house. This is a result of high construction costs and strict building codes. As of 2018, the average cost per square foot of single-family homes in Massachusetts was $267, according to Remodeling Magazine’s Cost vs. Value Report. That number has been steadily increasing over the past several years.
If you’re looking for something more traditional, you might want to consider building an old-fashioned colonial home in Massachusetts. The average cost per square foot for this style of home is about $287, according to Remodeling Magazine’s Cost vs. Value Report for 2018.
The cost of building a home can vary greatly depending on the size, style and location of the property. In New England, the average cost of building a new home is $225 per square foot. This includes labor and materials but does not include land costs or the cost of an architect or contractor.
For example, a 2,000-square-foot house would cost approximately $450,000 to build in Massachusetts. The same house would cost approximately $250 per square foot in Georgia and $175 per square foot in Texas.
The average price for building a colonial house in Massachusetts is between $175-$200 per square foot. This includes labor and materials but does not include land costs or the cost of an architect or contractor. For example, if you’re building a 2,000-square-foot colonial home, expect to pay about $350,000 for construction alone (not including land costs).
The average cost of building a house in Massachusetts is $300,000. This includes the price of land, labor and materials. However, if you want to build your own home, you can save some money by doing the work yourself.
In terms of materials, you’ll need to budget between $50 and $75 per square foot for materials alone. This can vary depending on whether you’re planning on building with cedar shakes or shingles. If you want to go with more traditional siding like vinyl or aluminum clapboards, then plan on spending less than half this amount.
If you live in Boston or another urban area with older buildings, then chances are good that there’s an old building near where you’re planning on building your new home that has been abandoned for years. You might be able to buy this property from its owner for a fraction of what it would cost to buy land in a newer area where there are fewer abandoned buildings available for purchase.
How Much Does It Cost to Build a Colonial House in Massachusetts?
The cost to build a colonial house in Massachusetts depends on many factors, including the size and style of your home, materials and labor costs and the location of your home. The average cost to build a new house in the U.S. is between $200,000-$250,000, according to HomeAdvisor.com.
The average cost of building a house in Massachusetts is $333,232. This is the total cost of building materials, labor and permits. The cost of land will vary depending on location and other factors. The average square foot price for a single family home in Massachusetts is $106.29 per square foot.
The average home size in Massachusetts is 1,528 square feet and the average lot size is 11,054 square feet. So if you were planning on building your own home this year or next year, here’s what you should expect:
The average price per square foot for homes sold in Massachusetts was $138 in 2017. This includes single family homes as well as condo/townhouse units.
For comparison purposes I am also including the cost per square foot for condos/townhouses which are typically smaller than single family homes but still have lots of square footage (1,000+). Condo/Townhouse prices were $124 per sq ft and apartments were $98 per sq ft during that same period according to the National Association of Realtors (NAR).
A lot of people want to build their own home. It’s a dream that many homeowners have and one that they often try to make come true. The first step in that process is to determine how much it will cost to build a house in your state.
Building a house can be expensive and the costs can vary based on many factors. Use this guide to estimate the cost of building a house in Massachusetts:
The size of the home – The size of your home will impact its price tag. A larger home will cost more than a smaller one, so if you want a bigger space, expect to pay more money for construction materials and labor hours.
The number of stories – Houses with multiple stories are more expensive than those with only one story because they require more materials and labor hours for construction.
The style or design of the house – Homes with unique designs or styles will cost more money than homes built with traditional designs because they require additional labor hours from contractors and architects who specialize in those areas.
If you’re thinking about building a new home, you should also think about what your mortgage payments will be. Since interest rates have been rising since the beginning of 2019 and putting downward pressure on home values, it’s important for you to consider how much monthly income you can dedicate toward your mortgage payment.
The average cost of a new home in Massachusetts is $353,000, according to realtor.com data from January 2019. This is up from $347,000 in December 2018 and $348,000 in November 2018. The median price of a single-family home in Massachusetts was $312,900 in January 2019, up from $309,000 in December 2018 and $308,400 in November 2018.
In addition to mortgage payments, you should also think about things like property taxes and homeowners insurance — especially if you live in an area with high property taxes or windstorms like hurricanes or tornadoes cause damage to your home or belongings. The following table shows average annual costs for different types of homes:
The cost to build a house in Massachusetts varies greatly depending on the size of the project, location, and the materials you choose. While it’s difficult to give you an exact number, we can give you some ballpark figures to help you get started.
Building costs vary by region and size of home. The average price per square foot for a 2-bedroom home runs around $160 in New England. A 4-bedroom home will cost between $240 and $280 per square foot. Add $100 per square foot or more if there are significant upgrades like granite countertops or stainless steel appliances. This data comes from Remodeling magazine and is based on actual contractor bids for projects that have been completed within the past year (January 2016).