How Much Does It Cost to Build a House? Let's Take a Look
Living in the mountains, one of the biggest expenses to building your dream home is land and site work. Of course, land is where you build the home, but site work could go anywhere from clearing trees to pouring your foundation. And up in the mountains, that’s where it can get pricey. Especially if you’re building on a slope. Here are a few thoughts to get you thinking about your new house costs courtesy of Quicken Loans.
Shopping for your dream home can be exhausting.
It’s difficult to find a pre-existing home that meets all your needs while checking off every single item on your wish list. In the end, you’re likely going to have to give up some of your must-haves in order to get into a home that works for you. That’s why some people prefer to take matters into their own hands.
While building your own home means you have full control over every aspect that goes into it, that freedom isn’t free. But with the average sales price of existing homes approaching the $300,000 mark, aspiring homeowners might be wondering if building their own home from scratch could save them a little cash while ensuring they get exactly what they want.
According to HomeAdvisor.com, an online marketplace that connects homeowners with home improvement professionals, the average cost to build a new house is a little over $290,000. But that cost can vary greatly. They go on to report that the average cost of building a house is around $147,000 to as much as $436,000. And of course there’s figures that can go well beyond the stars and moon.