How much does it cost to build a 2500 sq ft home? Most agent's will not like this blog!

I'm very interested in what you come up with.

But I see many builders going out of business so the total costs might be more than you think.  I think there is plenty of competition out there so that if homes were outrageously inflated, there would be a few builders who would jump in there and sell at low prices.

It's kind of like Starbucks.  How can you go wrong charging $3 for a cup of coffee? But you begin adding all of the costs involved to deliver that coffee, before you know it you can easily start to lose money.

I will be watching this for your response. In this area I believe you are talking 60-200 a ft.

Hi Robert, it will be interesting to see what you come up with.

I would defer to Lenn's answer. on this one.  My brother is a custom builder which there are plenty of in the midwest. 

The large tract builders are hurting here, big time because of the cost of land - that is the largest expense + improvements (public untilites).  Otherwise people would do it the way they do it in the midwest - buy the land and then choose the builder. (Spot building like Lenn mentioned)

Builders started with the lowering of the prices and then the REOs came.  They hurt because they cannot compete with $50 a square foot homes that the noteholders are dumping on the market.  Even when they force the consumer to use their ABs they cannot compete.

If you know anyone who can sell new construction for less than $60 a square foot including improved land, I will be happy to give you a 50% referral fee for every client that closes with them.  We can write a contract on it and then you can introduce me to the builder and we will let him know about our deal.  I work them, you get paid :)

Robert, one who knows how to do home building them self's and can reduced sub-contractors in the building process, they  can greatly reduced the cost of a home. It's is different to build a home within city limits, then it is in rural areas. The land is always 15% of the price and the foundation is 15% of the cost, for total of 30% leaving 60% onto finishing the house. The cost of the lot will always dictate the price of the house. A other factor one needs to consider is, are you use your personal funds or the banks to build your home, this also comes to play in the cost of homes. their are many factors that need to taken into consideration before a true figure can be determine. Any body that's being in the home building, construction, or remodeling business on all bids a 20% room for error is added at top of the price.

The final finish out of the is were the price of the house will greatly vary, the point of the sheet rock on back to the foundation is the same cost on all houses per square foot.

                                                  ~ Life is Good

Well???  I know Friday isn't over but I have ants in my pants and want to know :)  Had three buyer appointments today and would love for this REO search to be DONE with!!

Not including the land.  I'd say you could get the whole house done for $70k.

Hi Robert~ It will be interesting to see the price you come up with.  I will come back again and see what your answer is....  Vickie

I will also be watching what you say.  My husband is builder and I pay the bills so I know we can do it in Lubbock TX, no frills, $65, our cost, nothing for us.  No room for mistakes, or act of nature.  This would be a custom home, not a tract home.

No answer yet?  You're killing me!

Robert, I hear $75 / sq. ft a lot, but I think it's at least double that.  Remember the rule of thumb, it always takes TWICE as long as you estimate, and costs THREE times what you calculated!

Regina P. Brown

Robert, I hear $75 / sq. ft a lot, but I think it's at least double that.  Remember the rule of thumb, it always takes TWICE as long as you estimate, and costs THREE times what you calculated!

Regina P. Brown

Robert:

I have been involved in selling and building about 800 houses aside from resales and commercial.

However, every area is different, I had a customer in Texax and their labor was 1/3 of ours.

Also, average is like normal or regular. What is average to me is maybe a mansion to another.

You have to talk specs. Here in Northern Bergen County, we build from $120 to $300 per ft. $120 is our very basic, $300 is a true mansion all to the max.

I have a partner that build SIP house around the Country, for $80 range per foot.

So take a shot at it.

Richard

I cant wait to hear!

I don't think anyone can wait any more.