How Much Should A Home Cost Per Square Foot. This is useful in real estate or repair projects where the price is often quoted per square foot. We can build a 2000 square foot home with standard finishes and another 2000 square foot home with high-end finishes and there may be a 40 per square foot difference between the two.
According to data from the National Association of Home Builders the median price of constructing a single-family home is 289415 or 103 per square foot. 1 That estimate is based on a 2800 square-foot single-family housewhich makes the cost to build a house about 153 per square foot. Basements cost 25 per square foot of the footprint.
When you multiply that number by a multiple of three you are now in the 600 to 900 or 600 to 900 range.
A reasonable estimate for house building lumber costs is somewhere around 15 to 30 per square foot. But that can vary widely based on where you live and other factors. For an average sized home this works out to approximately 35000 to 55000 this price also includes the price of nails etc. The average cost per square foot for a multi-sectioned manufactured house is significantly smaller than the average cost per square foot for a single-family site-built house.
