Average home Building cost per square Foot
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New home construction cost per square foot is a frequently sought reference number. The challenge with using cost per square foot as a way to budget a home is that cost per square foot excludes* the following factors:
- Excludes land cost, site development costs such as drives, utilities, clearing, decks, patios, landscape or any fees or permitting costs.
- Excludes excavation
- Excludes basement costs
- Excludes quality differences in materials, finishes, and appliances
- Excludes total constructed square feet (size of garage, bonus space, basement, crawlspace, porches)
- Cost per square foot is based on finished (livable) square feet only
- Cost per square foot ignores local or regional variations in market costs (unless you use our interactive cost per square foot selector below)
Average Construction Cost per Square Foot and
Average Home Square Feet (of newly constructed homes by state)