How Much Does It Cost to Build a House?

How Much Does It Cost To Move A Mobile Home?

According to Forbes, building a house is a significant investment, with the average cost reaching approximately $300,000, excluding the cost of land. As housing trends continue to evolve, new builds can range from $30,000 upcycled shipping containers to multi-million dollar luxury smart homes. The final cost of your dream home will depend on factors such as taste, location, and the demand for labor and materials. It is advisable to budget for a 10-15% contingency fund to cover unexpected expenses or upgrades during construction.

Average New House Cost Per Square Foot

Average Cost $150-250
Highest Cost $400-600
Lowest Cost $100-150

Cost to Build a House by Size

Area (Square Feet) Estimated Building Cost
1,000 $90,000–210,000
1,500 $148,000–308,000
2,000 $193,000–406,000
2,500 $243,000–505,000
3,000 $294,000–609,000

Cost to Build a House by State

The costs below are estimates and averages to build a 2000 square feet house.

State Estimated Building Cost
Alabama $258,000-$278,000
Alaska $413,000-$428,000
Arizona $287,000-$304,000
Arkansas $244,000-$258,000
California $396,000-$415,000
Colorado $292,000-$307,000
Connecticut $337,000-$353,000
Delaware $319,000-$336,000
Florida $254,000-$272,000
Georgia $265,000-$281,000
Hawaii $405,000-$420,000
Idaho $308,000-$324,000
Illinois $255,000-$275,000
Indiana $213,000-$225,000
Iowa $206,000-$222,000
Kansas $197,000-$215,000
Kentucky $274,000-$288,000
Louisiana $262,000-$277,000
Maine $275,000-$288,000
Maryland $286,000-$303,000
Massachusetts $344,000-$358,000
Michigan $207,000-$225,000
Minnesota $228,000-$245,000
Mississippi $246,000-$263,000
Missouri $218,000-$236,000
Montana $290,000-$308,000
Nebraska $201,000-$220,000
Nevada $323,000-$342,000
New Hampshire $293,000-$309,000
New Jersey $368,000-$385,000
New Mexico $283,000-$301,000
New York $350,000-$366,000
North Carolina $293,000-$310,000
North Dakota $203,000-$222,000
Ohio $213,000-$232,000
Oklahoma $254,000-$269,000
Oregon $335,000-$349,000
Pennsylvania $293,000-$311,000
Rhode Island $329,000-$345,000
South Carolina $295,000-$313,000
South Dakota $196,000-$213,000
Tennessee $253,000-$272,000
Texas $255,000-$272,000
Utah $281,000-$299,000
Vermont $301,000-$317,000
Virginia $299,000-$319,000
Washington $334,000-$353,000
West Virginia $292,000-$311,000
Wisconsin $230,000-$248,000
Wyoming $282,000-$297,000

Building Cost Estimator

Off-site living accommodations (7 months) $8,500 – 12,000
Water and sewer inspections $4,300 – $4,600
House plans $350 – $3,650
Construction project management fees $2,500 – $52,600
Building permits $2,600 – $3,500
Impact fee or local charges $2,900 – $3,200
Excavation $2,100 – $2,400
Foundation $8,800 – $9,500
Framing $32,900 – $33,150
Exterior Siding $11,400 – $11,700
Roofing $9,000 – $9,500
Exterior windows and doors $7,500 – $7,900
HVAC $11,000 – $11,300
Plumbing $10,600 – $11,500
Electrical $9,900 – $10,500
Insulation $5,100 – $5,500
Drywall $15,300 – $15,800
Painting $6,950 – $7,250
Trim and interior doors $10,750 – $11,450
Flooring $10,100 – $10,400
Cabinets and countertops $11,550 – $11,950
Plumbing fixtures $3,000 – $3,450
Lighting fixtures $2,950 – $3,250
Appliances $3,300 – $3,700
Driveway $4,150 – $4,850
Landscaping $5,600 – $6,000
Cleanup $2,250 – $2,850
Contingencies/other $44,750 – $45,400

House Building Costs – All Costs Explained

Pre-Construction Costs

Pre-Construction Costs

Off-Site Living Expenses

While planning your budget, consider the living expenses you’ll incur during the construction period. New home construction can take anywhere from seven to 24 months to complete, depending on the availability of materials, builders, and site accessibility. Make sure you account for housing costs during this time.

Plot of Land Costs

Land costs vary greatly based on location, soil quality, and view. HomeAdvisor says the average cost of purchasing land is $77,800, with undeveloped lots in rural areas available for as low as $2,850. Land preparation costs can range from $1,150 to $5,850.

Water and Sewage Inspection

Once you’ve purchased land, budget for a water and sewage inspection to ensure proper water supply and waste drainage systems. This assessment typically costs around $4,500 but may be cheaper with existing lines.

Demolition and Deconstruction

If your site has an unsalvageable or undesired house, include the cost of demolition in your budget, which can range from $5,500 to $21,500. Deconstruction costs for salvaging and selling features of the old building can reach $25,000 or more.

House Plans or Architectural Fees

Factor in the cost of purchasing or creating house plans. Pre-designed blueprints can be bought online for a minimal fee, while custom home designs may require hiring an architect or draftsperson, with fees ranging from 8 to 12% of the construction cost.

Construction Management Fees

An experienced project manager can help with labor coordination, material deliveries, workmanship quality, and paperwork. Their fees range from 5 to 15% of the total construction cost.

Building Permits and Local Fees

Budget for building permits, impact fees, and state or municipal fees before construction can begin. House plans typically cost around $5,000, with building permit fees averaging between $2,600 and $3,500.

Related Guide: How Much Does It Cost To Build A Barndominium?

House Exterior Material Costs

House Exterior Material Costs


Excavation prepares the site for a sturdy foundation, and costs can range from $2,100 to $2,400.


The cost of a typical slab foundation ranges from $8,800 to $9,500. A foundation with a basement can range from $17,500 to $81,750.


High-quantity lumber framing averages $32,900 for a home in the U.S., while metal stud framing systems start at about $33,150.


Shingle roofing costs between $9,000 and $9,500, with the total cost depending on the type of roof you choose.


Exterior siding costs an average of $13 per square foot, with options such as vinyl and natural stone available.


A paved driveway costs approximately $4,150, while a gravel driveway averages around $4,850.


The budget for landscaping expenses can start at $5,600 for sod, grass, and other plants.

Home Interior Material Costs

Home Interior Material Costs


HVAC installation costs $11,000 to $11,300, including ductwork, central AC, and a furnace. A masonry fireplace starts at about $4,500.


Plumbing costs vary depending on the material, with copper pipes being the most expensive at around $10,600 for a 1,500-square-foot home.


Electrical wiring installation costs around $10,500 or roughly $5 per square foot, depending on factors such as wiring material and floorplan complexity.


Insulating a new home costs approximately $5,500 for materials and labor, with options such as batting, blown-in, or spray foam available.


Installing drywall costs about $1.25 per square foot, averaging $15,800 for an entire home.

Doors and Windows

The cost for a new door and window installation ranges from $5,450 to $9,250, depending on style and type.

Cabinets and Countertops

Builder-grade cabinets cost an average of $11,550, while countertops average $11,950.


Trimming a house costs about $10,750 to $11,450.


Flooring typically costs between  $10,100 to $10,400, or roughly $5 to $12 per square foot.


Professional paint costs approximately $7 per square foot, with DIY options to save on labor.


Budget around $5,000 for plumbing fixtures and $3,450 for lighting fixtures in a 2,000-square-foot home.


Installing new kitchen appliances costs $3,300, with washer and dryer sets averaging $3,700.


Furnishing a 2,000-square-foot home can range from $19,500 to $81,450, depending on style and availability.

Factors Affecting the Cost of Building a House

Factors Affecting the Cost of Building a House

Home Size

The size, number of bedrooms and bathrooms, and square footage of living space are crucial factors determining the costs of building a new home.

Home Design

The home’s design, including aspects like open floor plans or traditional layouts, can impact construction costs due to varying utility requirements.

Finishes and Features

High-end materials, appliances, fixtures, and other finishing touches significantly impact the overall cost of building a new house.

Also Read: How Much Does It Cost To Move A Mobile Home?

Frequently Asked Questions

Which is a cheaper option; buy a house or build one?

Buying or building a house depends on the housing market, land availability, labor supply, and the condition of homes in the area.

Are there any drawbacks to building a house?

Building a house can be costly and strenuous, potentially negatively affecting relationships. Choosing trustworthy contractors is vital for communication, timely completion, and budget adherence.

Which home is the cheapest to build?

Tiny homes are a cost-effective alternative, with prices averaging around $46,450, offering an affordable option for homeownership.

Final Words

Understanding the factors influencing the cost of building a house, such as home size, design, and finishes, will help you create a comprehensive budget for your new home. By accounting for these factors and considering whether to buy or build, you can make informed decisions that align with your financial goals and lifestyle preferences. Building a house can be both a challenging and rewarding experience, but with proper planning and attention to detail, your dream home will become a reality.

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