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Cost to build a house

Old 06-05-2015, 12:37 PM
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Default Cost to build a house

I know costs can differ greatly, but I'm looking at building a new house in Eastern NC and got a price from a local contractor. House is right at 2300 sq. ft. with unfinished bonus room, 3 bed 2 1/2 bath 2 story w/ 2 car garage and screened porch.. he's quoting $157/sq ft....nothing fancy inside or out this sounds pretty high to me but just wondering if anyone else has built a house in this area recently

http://www.dongardner.com/plan_details.aspx?pid=2583

Last edited by amofgreenville; 06-06-2015 at 08:50 AM.
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Old 06-05-2015, 12:40 PM
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So $360K for a 2300 sq ft house "nothing fancy" built on your lot? Yikes.
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Old 06-05-2015, 12:41 PM
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Originally Posted by Onewolf View Post
So $360K for a 2300 sq ft house "nothing fancy" built on your lot? Yikes.
Yes.. I have't built a house in about 10 year so I didn't know if prices have gone up that much in 10 years..
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Old 06-05-2015, 01:37 PM
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Nuts!

Look elsewhere
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Old 06-05-2015, 01:45 PM
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15 days by an average of 4 workers per day to build

90 percent made of: 2x4's, dry wall, and concrete.


Takes 2 people 30 years to pay off.


The good ole American Dream.
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Old 06-05-2015, 01:46 PM
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Should be more around $100.00/ft. Maybe less in NC.
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Old 06-05-2015, 01:54 PM
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Paid $117/sq foot for my house last year from customer of ours that is a small spec builder. Not "fancy," but pretty damn nice. This was in Hanahan, SC

Granite, stainless appliances, gas fire place, engineered hardwood down/carpet up, tile in bathrooms with cultured marble counters in bathrooms. Also had small screened porch on .37 acres in an old, established neighborhood. House is 1750 sq ft.

Costs of most all building materials in this area have gone up about 10% or so in past year, though.
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Old 06-05-2015, 01:56 PM
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Originally Posted by Just1more View Post
Should be more around $100.00/ft. Maybe less in NC.
No! Not less. You can maybe get a pos track home from the national builders, but you are not touching a custom home in NC for that kind of money.
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Old 06-05-2015, 02:15 PM
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I built a home in 2011 and it was just north of $200 sq/ft. on an island in NC. Your price seems a little high if it isn't anything custom.
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Old 06-05-2015, 02:15 PM
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Last time I built one it was running $35 a square foot for a main floor and I was able to do a lot myself and get done for $25 a square foot. And less than $18 was spent for a lower unfinished garage. Think how many years ago that was... sigh...
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Old 06-05-2015, 02:32 PM
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Originally Posted by Just1more View Post
Should be more around $100.00/ft. Maybe less in NC.
That sounds about right. Buddy of mine (who is very cost conscious) is building right now. Middle of the road finish; lowes lights, fiberglass drop in shower tubs in 2/3 baths, one star granite throughout, custom cabs and vanities, nice trim work (4 PC crown), oak floors, etc. he is GCing it, but counting the dirt cost he will be in the upper 80s/square foot. Right around 3000 square feet.

The finishes are what costs. All the stuff behind the paint is the same on a 100k house or 1 million dollar house.
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Old 06-05-2015, 03:51 PM
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Quoting a house by the square foot is like buying a car by the pound.
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Old 06-05-2015, 03:54 PM
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Bid it out.
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Old 06-05-2015, 04:05 PM
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Originally Posted by billinstuart View Post
Quoting a house by the square foot is like buying a car by the pound.
ding ding ding - we have a winner.
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Old 06-05-2015, 05:45 PM
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Originally Posted by billinstuart View Post
Quoting a house by the square foot is like buying a car by the pound.
I like that line.
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Old 06-05-2015, 06:31 PM
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Originally Posted by amofgreenville View Post
I know costs can differ greatly, but I'm looking at building a new house in Eastern NC and got a price from a local contractor. House is right at 2300 sq. ft. with unfinished bonus room, 3 bed 2 1/2 bath 2 story w/ 2 car garage and screened porch.. he's quoting $157/sq ft....nothing fancy inside or out this sounds pretty high to me but just wondering if anyone else has built a house in this area recently
If you dont go crazy in the kitchen or master bath, you should be able to build a nice house for about 87 dollars a sq ft. What you have not said is if its sewer or septic, town water or well as these can also effect price as well as the location. A desirable lot will add to the finished price.
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Old 06-05-2015, 06:55 PM
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Some of the prices thrown out in this thread are pretty dang low. If you want a track home by a big builder then maybe.

Add in the cost of the lot, clearing, landscaping, etc........you would be surprised.

Finishes are where most of the cost is.

As others have stated, find a builder that will provide you with a very detailed price and scope the shit out of him. Take your time and figure out what kind of stuff you like (cabinets, fixtures, counter tops, windows, doors, tile, etc.). This is the stuff that will swing your number big time.
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Old 06-05-2015, 07:33 PM
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when we did it, we worked with an architect on the design, had a full set of plans completed and engineered. wrote a spec that detailed everything that we wanted, and better than code requirements (2x6, 3/4' plywood sheathing/roof no green particle board crap, 1930 style molding plinth block, fluted, picture frame top, all kinds of extras etc). ensured provision to get high items quoted and use my supplier if cheaper. did this for doors, windows, heat/ac and a few big ticket items. I defined what I would provide. I picked my own kitchen, counter and tile guys out to bid with 7 contractors, 4 interested and narrowed to 2. worked with them in detail and then picked one. from demo to new house was 13 months. Best experience I and the builder ever had. We had one cost discussion which went in my favor and a couple of change orders that I agreed to, Came in 3% over cost target.
Bottom line - do your prep work and homework. It will make the job fly and there will be no arguments or bad feelings.
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Old 06-05-2015, 09:06 PM
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I stopped building houses here in MA in '04 but my cost back then for a 2600 sq ft 4 BR, 2.5 BA colonial was right at $95 per sq ft. I sold them for $130 per sq ft. I can't imagine NC is much less expensive. $157 doesn't sound too far off.
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Old 06-05-2015, 09:14 PM
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Sq ft cost isn't a bad place to start as a budget. Do that for your baseline and then think about what you will want to upgrade. Building a house for $85 per sq ft is dirt dog cheap, not saying it can't be done, but one guy without some connections and doing a ton of it yourself, not going to do it. Some things to think about, permit cost, design fees, lot clearing, septic, tap fees, and soil issues. A lot GC's exclude those cost as well. Those are all things that the average joe building the house can easily leave out. For middle of the road finishes your guy is high. I have built a lot of apartment complexes and we used to joke that the piece of junk places had plastic laminate countertops and the luxury ones had granite, that was the only difference. Haha
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