A California family of five has found happiness in a 150-square-foot-trailer parked on a two-acre plot of rural land. Ashley Petrone says she, her husband and three kids (ages 4, 7 and 9) were.
Average house building cost per square foot can be very complex to estimate. Your home will vary in price from others according to size, but also according to methods and materials used in construction, and how much of the job you will do yourself.
Most people in the industry will use square footage as their base parameter to discuss the costs and value of a home. But be careful, different industries (and even different people within an industry) calculate these things in different ways.
Average home building cost per square foot can be a very confusing concept. Houses vary in price for a number of reasons, including their design, labor costs in the area, different types, grades and qualities of materials, and most of all extras and finishes.
Data from the US Census Bureau reveals that the median size for a single-family home in the USA was 2,467 square feet as of 2015. If you add about 4 percent per year to cover inflation, you the price per square foot would be about $111-$127 in 2017.
Say you are looking at a 1,500-square foot home that is listed for $150,000. The price per square foot is $100. Maybe the home next door is 2,000 square feet, and it is listed at $185,000.