Costs Involved When Building a Custom Home

Calculating the costs of building a home can get overwhelming. As you buy more luxurious accommodations, the price per square foot increases. Let’s break down each cost for your custom home building design project to get a better idea.

Costs When Building a Home

Plot Price

The first thing you are likely to buy is a plot of land. You cannot do much of anything without having the piece of land to build your house on. On average, a plot of land costs $3,020 per acre.

In addition to the standard plot price, you will need money to cover the expenses of clearing the land. The process of clearing the land will be an extra cost based on how forested the area is.

Permits

There will be several permits needed before you build a house. Some permits needed include a building, electrical, plumbing, and septic permit.

Additionally, many inspections are required as you go through the building process. Some inspections include plumbing, heating and air conditioning, major appliances, ventilation, and insulation.

Each permit and inspection will have its own individual cost. Your building code representative will also tell you any local licenses you need.

Water and Sewage Inspection

You need a water and sewage inspection for your new build. It’s crucial to ensure the water and drain pipes can provide your house with a proper drainage system and water. The inspection price can range, but having existing lines would make the inspection cheaper.

Demolition and Deconstruction

If the land you purchased for your new build requires demolition, that will be another cost. Depending on the house’s size, demolition can be expensive. If you keep parts of the house, deconstruction would be an extra cost.

Construction Management Fees

When you are ready to start the construction of your house, you will need a construction team. They will handle the deliveries, coordinate workers, and get the paperwork done. The price for a construction team will range based on the construction firm you hire and how much work they will do.

Building Costs

Once the house is complete, there are still several costs left. You must then do the finishing touches for both the interior and exterior of the house. These will likely be the final steps before your home is complete.

Exterior Building Costs

Possible exterior costs include:

  • Excavation
  • Foundation
  • Framing
  • Roofing
  • Siding
  • Driveway
  • Landscape 

Interior Building Costs

Possible interior costs include:

  • HVAC
  • Plumbing
  • Electrical
  • Insulation
  • Drywall
  • Doors
  • Windows
  • Kitchen necessities
  • Bathroom necessities
  • Trim
  • Paint
  • Fixtures
  • Appliances

Where To Go For Help With Your Custom Home Building Design

If you want a custom home but don’t know where to start, contact Crawford Custom Homes. They will take you through the design, creating a concept, execution, and finally making it a reality. Sometimes we want a custom-built home, but we do not know how to complete the process ourselves. Luckily places like Crawford Custom Homes can help us create our dream home. Crawford Custom Homes is proud to provide quality, integrity, fair pricing, and customer satisfaction.

Leave a Reply