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Building a new house costs an average of $150 per square foot. The price per square foot to build a house varies by ZIP code, so your location will cause that number to fluctuate.
You can build a 2,800-square-foot home for about $468,000, based on national averages. However, there will be wide price disparities market-to-market and vendor-to-vendor, so consult building and real estate professionals for custom quotes to determine your best approach.
The chart below gives cost estimates to build a house across a range of sizes, using a low-end cost of $100 per square foot, an average modern build at $155 per square foot, and a high-end custom builds at $400 per square foot.
Cost to Build a House per Square Foot. A house can cost anywhere from $100 to $500 per square foot to build, with the average sitting right around $150 per square foot. The higher end of this range accounts for building luxury homes or homes in large cities like San Francisco or New York.
New home construction usually costs around $150 per square foot. The average new-construction home size is around 2,200 square feet, and the total average construction cost is $329,000. But here’s an important note. Building the house is just one part of your overall costs.
Home building costs, broken down. You’ll need to take into account a number of key points to estimate the true cost of building a new home. Here’s a breakdown of some of the costs that might factor...
The average cost of land for building a house is $6.70 per square foot. This is the raw cost of the land only—no structures. On average, a 0.4-acre or 17,220-square-foot lot costs $114,620.