![]() This is the lumber, plywood, nails, and everything else needed to build the actual structure of the house. Construction costs are made up of many different sub-assemblies and trades, each with a modest portion of the cost. First, there’s mostly no single large line item - nothing above 15% of the total. The graph is color coded - green represents overall framing cost, dark grey represents overall foundation cost, dark blue is exterior finishes, orange is building systems (HVAC, plumbing), yellow is interior finishes, light blue is “outside costs” (driveway, porches, etc.) and light grey is miscellaneous fees and expenses.Ī few things jump out at us. ![]() The above is for an “average” new home, which according to NAHB is 2954 square feet, and costs $114.36 per square foot to build. ![]() It doesn’t include things like the land cost, financing cost, sales and marketing, or the builder’s profit. The above breakdown (click to embiggen) is for the direct costs of construction.
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