Often, we get requests for rough estimates or ‘costs per square foot’ to build a home. Now ask any farmer what a bushel of wheat costs and he’ll have an instant answer for you. Similarly, the price of a barrel of oil and an ounce of gold are common knowledge, with costs quoted down to the last cent. But try asking a home builder about the “cost per square foot” to build a home, and you’ll likely get any number of responses, including low-ball guesses, unhelpfully vague price ranges, or even outright irritation from the respondent. Why is new home construction so different? A simple question like this seems fair, so why is it met with disdain by home builders?
The disconnect stems from the fact that in residential construction, there is simply no agreed upon standard for what constitutes a square foot. No grocer would have trouble telling you what a gallon of milk costs, and what it contains. It is not so easy, however, to decide what is contained in a square foot of home. For example, do builders only include finished square footage in their estimates? Do they count unfinished basements? Does a square foot include the garage and deck? Therein lies the complication: it’s up to each builder to decide for themselves.
Only after the design process is complete, and we verify all the construction documents contain 100% of the required information are we able to obtain pricing from our sub-contractors for a contract price.
However, we can estimate the cost of your project by applying standard construction costs for different assemblies within your project based on the size of your project. With this information we can better manage the scope and size of your home.