NAHB Build Cost: Difference between revisions
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(Created page with "2022 NAHB average builder grade build cost - $153/sf - about $392k for 2561 sf [https://home.howstuffworks.com/home-improvement/construction/planning/cost-to-build-house.htm]...") |
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2022 NAHB average builder grade build cost - $153/sf - about $392k for 2561 sf [https://home.howstuffworks.com/home-improvement/construction/planning/cost-to-build-house.htm] - but that is not the sale cost - the sale cost is 50% higher at $641k - see '''thorough breakdown''' [https://www.nahb.org/-/media/NAHB/news-and-economics/docs/housing-economics-plus/special-studies/2023/special-study-cost-of-constructing-a-home-2022-february-2023.pdf] | 2022 NAHB average builder grade build cost - $153/sf - about $392k for 2561 sf [https://home.howstuffworks.com/home-improvement/construction/planning/cost-to-build-house.htm] - but that is not the sale cost - the sale cost is 50% higher at $641k - see '''thorough breakdown''' [https://www.nahb.org/-/media/NAHB/news-and-economics/docs/housing-economics-plus/special-studies/2023/special-study-cost-of-constructing-a-home-2022-february-2023.pdf] | ||
**Follows the [[OSE Build Cost]] compared to [[Industry Standards]] with build cost 3x the materials cost. If materials are $60k for 1300 sf and $120k for 2600 sf. Here build cost is $390k compared to $360k using the [[Build Cost Formula]] | **Follows the [[OSE Build Cost]] compared to [[Industry Standards]] with build cost 3x the materials cost. If materials are $60k for 1300 sf and $120k for 2600 sf. Here build cost is $390k compared to $360k using the [[Build Cost Formula]] | ||
*Note that build cost (materials+labor only) is about half the sale price. | |||
Latest revision as of 00:44, 28 December 2023
2022 NAHB average builder grade build cost - $153/sf - about $392k for 2561 sf [1] - but that is not the sale cost - the sale cost is 50% higher at $641k - see thorough breakdown [2]
- Follows the OSE Build Cost compared to Industry Standards with build cost 3x the materials cost. If materials are $60k for 1300 sf and $120k for 2600 sf. Here build cost is $390k compared to $360k using the Build Cost Formula
- Note that build cost (materials+labor only) is about half the sale price.