most expensive costs for construction process of commercial building

All of the numbers come from the same 2020 NAHB data we looked at earlier, and each category includes a $1,000 buffer because let’s face it-not everything will go according to plan when you build a home, and you’ll want some extra cash on hand.įind expert agents to help you buy your home. In this section, we’ll go over the major components of building a home and take a look at how much it costs to get each job done, on average. That’s why we’ve created two handy resources: a cost of living calculator and a list of the 13 states with the lowest cost of living.Īt this point, you may be asking yourself, What exactly makes up the cost of building a home? Don’t worry, we’ve got you covered on that front too. Other costs-like groceries, transportation and health care-will also depend on which state you call home. Housing isn’t the only cost that varies from state to state. Here’s a look at the average cost to build a 2,000-square-foot home in each state: How much it costs to build a house also depends on where you build it.

You don’t want to cram your family into a house that’s way too small, and you also don’t want to waste money on space you don’t need. You can see now why tiny homes are so popular! But before you jump on that bandwagon, think realistically about how much space you need.

2 Here’s how that plays out for different home sizes: The average cost to build a house by size is about $150 per square foot.

Most expensive costs for construction process of commercial building