How much do you generally think it costs to build your own home?


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Most Helpful Guy

  • There are so many variables with this. Location, materials, labor, design, size, fixtures, etc. Before I moved I lived on a block that was mostly empty lots. A contractor bought up a bunch of lots and built 1500 sq ft. slab homes with 2 car garage. Cost of home 85000. That same home in other parts of the country would fetch 700000 or more. So it really depends on all the variables I mentioned.

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What Guys Said 9

  • Figure the cost of your lot plus fees to connect to water, sewer, natural gas, electric. The actual construction fees will vary depending on the grade of finishes you select. Minimum is around $125 per square foot depending on where you live. Friends of mine are just completing a 2700 sq ft house on their $62,000 lot for $445,000 ($165 per sq ft).
    Grand total = $507,000.

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  • It costs more than anal sphincter surgery, but it's worth ever penny.

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  • My house (built in 1990, 3 bedroom, 2 bath, 1200 sq/ft, 6000 sq/ft lot) in Cleveland Ohio would cost $120,000 to buy. In the far east Bay Area (far San Francisco suburbs), it would cost $300,000 to buy. In the Silicon Valley area (south SF Bay), the same house could cost $2,000,000.

    So, as you can see, there's a reason realtors say that what matters when it comes to real estate pricing is "location, location, location."

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  • A typical family home will be $250,000-$400,000. The same house can vary by 20% or so depending on a lot of factors- materials used, location (regulations, workig area, structral requirements), demand for builders, etc.
    Materials are well under galf the cost, so if you've got connections you can save a lot.

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  • http://www.jerryhwang.com/images/onebillion.jpg

    ;)

    I'm sure my bank manager would tell me "One of your arm and leg. As well as your soul"

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  • Relatively cheap. Probably half as much as purchasing a home. In California the average home price is about $500k, so building one would probably be $250k. The expensive part would be purchasing the land.

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  • It costs more than I thought. I looked into it, and even the smallest place that is still rather ideal is $120k-$160k.

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  • I'm roughly guessing about $10,000 if it's a decent size.

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  • In a bad neighborhood >60,000 in a neighborhood >100,000

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