When you build a new custom home, you are typically able to ensure that the residence you are creating is one that meets your specific needs – and in most cases, it will be like no other. While going through the process of creating your dream home can be exciting, one of the most daunting issues for many people is the home cost.
According to recent data from HomeAdvisor, the national average cost for building a new home in the U.S. in 2017 was $282,189, with a typical range across the board of between $146,629 and $417,749. This data was based on a home of roughly 2,000 square feet, putting the average price per square foot at approximately $150.
A custom home, due to its unique detail, can cost a bit more, and have a wide range in cost, with the 2017 figures coming in at between $350,000 and $1.5 million+, with the price per square foot here varying from a low of $100 to a high of $400 or more.
In addition to the home materials, design, and labor, added costs for the building of a brand new custom home could include development of the land on which the home will sit (including running water, sewer, and electric utilities to a spot that may not have previously had access).
Given the plethora of options that can be associated with the building of a custom home, as well as the requirement of a residential architect, the price tag can be much higher than that of an average home – but the result can be incredible, as well as something that holds your personal signature.
Want to get a price range for the custom home you’re considering? We can help. Give Rare Builders a call if your dream is to reside in a new custom home in Orlando or the surrounding Central Florida locale.