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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?
14
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 8:58 pm to Old Sarge
That’s wild I paid $97/square foot including land on my current house in 2018. Now that’s for a pre existing home. By the looks of it I’ll be living in a hand built shack back in the woods during retirement.
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 9:08 pm to Obtuse1
I built mine for around $200 SQFT in 2019 in BR land included.
3514 living on almost an acre, 5000 under roof.
3514 living on almost an acre, 5000 under roof.
This post was edited on 3/16/24 at 9:10 pm
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 9:11 pm to Obtuse1
quote:
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.
I agree. I think when people say that nowadays they just mean a non DR Horton/DSLD house.
Posted on 3/16/24 at 9:14 pm to East Coast Band
When we built in 2015 it was 125 sqft in Birmingham suburbs. We sold at 200 sqft and bought a double wide on 20 acres.
In fricking heaven
In fricking heaven
Posted on 3/16/24 at 9:18 pm to Requiem For A Dawg
quote:
I think when people say that nowadays they just mean a non DR Horton/DSLD house.
To clarify, we are having someone draw up a home based on a floor plan we developed with custom built cabinets, 10-foot ceilings, etc. So not choosing from a book of model options in a contractor's catalog of home choices. We have never built a home and we don't plan on moving again, so are going this route.
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 9:27 pm to HippieTiger
quote:
upwards of 1k per square foot in America's nicest city
No place in this country is worth that cost unless you are worth 30 million or something like that.
Posted on 3/16/24 at 9:37 pm to Obtuse1
quote:
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
Nailed it. I'm an electrical contractor in TX. We do high end custom homes with full automation, backup generators, smart panels, etc. It's nothing for projects to be $500+/sq ft total. It's all about the finishes. There are builders that can get you to the $200/ft range, but it'll be garbage quality. My starting price as an electrical contractor is $16/ft and goes up from there for resi NC.
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 9:52 pm to PerceivedReality
I know nothing about Greenville SC, but 2mil starting sounds insane
Are there no builders that do their own plans? Why hire an architect?
Are there no builders that do their own plans? Why hire an architect?
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 10:16 pm to BoogaBear
It's not a fair comparison of price per square foot.
Way too many variables other than just general location of the country
Way too many variables other than just general location of the country
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