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How much does it cost to build a custom home where you live?
Posted on 3/16/24 at 8:50 pm
Posted on 3/16/24 at 8:50 pm
I'm getting close to retirement and bought some land outside of Birmingham where I grew up. It is so disappointing to keep having contractors tell us it will cost between $325 and $350 per square foot to custom build. We were empty nesters and downsized before we moved in our current house. We need a much larger house when we custom build. It will be our forever house and we need room for my elderly MIL to move in and want spare bedrooms for future grandkids to be able to stay the night in. I never thought I would be spending over a million dollars on a home and that doesn't include the cost to develop the land and to run the utilities there. We are going forward with our plan, but I wish the costs were similar to what they were four years ago.
What is a good planning number for other areas?
What is a good planning number for other areas?
13
Posted on 3/16/24 at 8:51 pm to Ramblin Wreck
205-210 a square ft and that includes land for a nice custom house. Haughton LA area.
Posted on 3/16/24 at 8:53 pm to Ramblin Wreck
Where I live won’t be normal
But 400-500 sq ft
You pay bigly for a nice view
But 400-500 sq ft
You pay bigly for a nice view
Posted on 3/16/24 at 9:01 pm to Ramblin Wreck
That’s crazy how expensive it’s gotten. We built our home in 2013 for 103 a foot on land we owned. I was the GC and didn’t save anything. We just spent it elsewhere.
Posted on 3/16/24 at 9:02 pm to Ramblin Wreck
quote:
custom home
That is such an ambiguous term. It is like asking how much does a new car cost. A custom home could have 8' ceilings, carpet, a simple roofline, and bottom-of-the-barrel cabinets and fixtures.
Posted on 3/16/24 at 9:09 pm to Ramblin Wreck
Tuscaloosa area in 2019 was 120/ sf
In 2022, it was 200/sf.
Not sure now.
Fortunately we bought our "gently used" house for significantly less per sf.
In 2022, it was 200/sf.
Not sure now.
Fortunately we bought our "gently used" house for significantly less per sf.
Posted on 3/16/24 at 9:23 pm to Ramblin Wreck
$1000000 (for a modest 2000+ sqft home)
300k for the land + $300/sqft + 100k is overages that builders get you on.
New Orleans for the record
300k for the land + $300/sqft + 100k is overages that builders get you on.
New Orleans for the record
Posted on 3/16/24 at 9:25 pm to Ramblin Wreck
upwards of 1k per square foot in America's nicest city
Posted on 3/16/24 at 9:43 pm to Ramblin Wreck
For a custom 3000-4000 sqft home with all the finishes is 1MM minimum on the northshore.
Posted on 3/16/24 at 9:48 pm to Ramblin Wreck
Shiiiiiit man. I’m in Greenville SC and if you want a “custom” home here it’s $40k-$50k for the architect and $450-$700 sf depending on slope of lot, appliances, etc… But lots of “custom” homes here stone exteriors, slate roofs, stoned driveways, etc… It’s a whole different animal. Landscape architects also have a minimum of $100k. It’s fricking looney tunes. But people are obviously paying it. Bc it’s still selling.
Posted on 3/16/24 at 9:55 pm to Ramblin Wreck
500k for a tear down then $220-250/ft is about right in my neighborhood.
Posted on 3/16/24 at 10:23 pm to Ramblin Wreck
I don’t know, but being in the wilds of Washington Parish it’s going to be a lot cheaper here compared to the rest of the country. That’s why land on the NorthShore is being bought up like it’s going out of style.
Posted on 3/16/24 at 10:35 pm to Ramblin Wreck
Building a house always sounds like a nightmare. There are enough houses already built that I’d avoid that hassle.
Posted on 3/16/24 at 11:27 pm to Ramblin Wreck
1.6 mill
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