Price to build a new house

Log in / Sign Up

List of Forums + New Post Recipe Box Usergroups Following My Posts Bookmarks

Private Messages Advanced Search Rules New User Guide FAQ Advertise Contact Us

Forum -> Inquiries & Offers -> Lakewood, Toms River & Jackson related Inquiries

1 2 3 4 Next

View latest: 24h 48h 72h

amother

Sat, Feb 03 2024, 7:11 pm

If you recently built a house, how much did it cost you? How big is your house? Are you having basement renters? Tia

amother

Electricblue

Sat, Feb 03 2024, 7:26 pm

$750,000- 40 million

amother

Powderblue

Sat, Feb 03 2024, 7:49 pm

We recently paid $200 per square foot for high end

amother

Chambray

Sat, Feb 03 2024, 8:02 pm

Depending on where you live, but in ny area 150 to 200 per foot.
Might be more expensive in NYC but

amother

Gladiolus

Sat, Feb 03 2024, 8:10 pm

amother Powderblue wrote:

We recently paid
$200 per square foot for high end

So it’s $560K for a 2800ft house? That doesn’t sound bad at all.. sounds cheaper than buying. A house already made

amother

Powderblue

Sat, Feb 03 2024, 8:13 pm

amother Gladiolus wrote:

So it’s $560K for a 2800ft house? That doesn’t sound bad at all.. sounds cheaper than buying. A house already made

Well you would also need to buy a piece of land to put the house on lol

amother

Green

Sat, Feb 03 2024, 8:14 pm

amother Gladiolus wrote:

So it’s $560K for a 2800ft house? That doesn’t sound bad at all.. sounds cheaper than buying. A house already made

Plus the cost of the lot, 200k minimum

amother

Chambray

Sat, Feb 03 2024, 8:15 pm

amother Gladiolus wrote:

So it’s $560K for a 2800ft house? That doesn’t sound bad at all.. sounds cheaper than buying. A house already made

To clarify:that price is
Actual cost of building
Not including land
Not including legal fees and brokerage
Not including architecture

amother

Tan

Sat, Feb 03 2024, 8:16 pm

To buy land in prime location is not cheap and then most people dont build 2800 sf. They build bigger homes. Usually you are looking at close to a million

amother

Dandelion

Sat, Feb 03 2024, 8:27 pm

I don't believe you can build for 580 nowadays.

amother

Lightcyan

Sat, Feb 03 2024, 8:34 pm

amother Tan wrote:

To buy land in prime location is not cheap and then most people dont build 2800 sf. They build bigger homes. Usually you are looking at close to a million

Not speaking for Lakewood. You are looking at over a million

amother

Gray

Sat, Feb 03 2024, 9:14 pm

amother Gladiolus wrote:

So it’s $560K for a 2800ft house? That doesn’t sound bad at all.. sounds cheaper than buying. A house already made

Often building smaller than typical just raises the price per square foot amount. This is because several vendors won't find the job worthwhile for them to come out for if its less than a certain amount of money. So you won't necessarily find that the foundation for a 2800 sq ft house is less than for a 3200 sq ft house...

And, as has been already pointed out, the price to build doesn't include land, permits, architecture, land prep....

Realistically in Lakewood you are looking at over a million to build a single family home. (Unless you already own land that you bought at a cheap price a while ago.)

amother

Sat, Feb 03 2024, 9:30 pm

I already own the land. What kind or ballpark am j looking at building and all the work that goes into planning … not including the land

amother

Pearl

Sat, Feb 03 2024, 9:36 pm

Why would you build such a small house? The typical development colonial house these days is approximately 4,000 sf. That’s 2,000 per floor. (Not including finished basement)
The cost to build would be about $800,000, the permits, architect, interior designer if you get one, civil engineer if you need one, survey, can be done for another $100,000 on the lower end.
To be safe, because pricing can get wonky from now until you finish the project, and there are often surprises with construction, you should be prepared and have 1 million accessible. Hopefully it’ll cost less, but just in case at least know where you’ll get/ borrow the last 100k.

amother

Tan

Sat, Feb 03 2024, 9:39 pm

amother Lightcyan wrote:

Not speaking for Lakewood. You are looking at over a million

Ur right. I guess I was thinking if its further out maybe

amother

Offwhite

Sat, Feb 03 2024, 9:58 pm

On top of the construction costs, there is appliances, bathrooms, kitchen, carpets, closets,… not necessarily included in construction fees.

Amarante

Sat, Feb 03 2024, 10:04 pm

amother Gray wrote:

Also square footage is not really an accurate guide since kitchens and bathrooms are very expensive per square foot versus a living room or bedroom. Obviously the finishes will make a difference in final cost but in general.

That is why - in general - people tend to build larger homes because the marginal cost of adding square footage as bedrooms or more spacious living rooms or dining room isn't that much.

Also you need to factor in the cost of the construction loan since you will be essentially paying a second mortgage while the home is being built.

amother

Powderblue

Sat, Feb 03 2024, 10:05 pm

amother Offwhite wrote:

On top of the construction costs, there is appliances, bathrooms, kitchen, carpets, closets,… not necessarily included in construction fees.

True. Like I said before we spent $200/Sq foot for the actual construction and another 500k on finishings.

OP no one can tell you how much it will cost because it is all dependent on size and what level you do.

Amarante

Sat, Feb 03 2024, 10:11 pm

amother Offwhite wrote:

On top of the construction costs, there is appliances, bathrooms, kitchen, carpets, closets,… not necessarily included in construction fees.

These are generally considered to be construction costs - certainly bathrooms and kitchens as well as flooring.

What perhaps you mean is that the finishes of a home can be very expensive or what is called "builder grade" with inexpensive finishes in the bathroom and kitchens, very cursory closets with just one rod and cheap wall to wall carpet instead of hardwood floors.

cupcake123

Sat, Feb 03 2024, 10:13 pm

1 million. Easy. Someone I know looked into this and she was going to do simple

Page 1 of 4

1 2 3 4 Next