Factors Affecting the Cost to Build a Home
Building a new home is an expensive undertaking. The cost to build a home varies due to many variables, especially when creating a custom home built to your needs. Below are a few of the major elements that affect the cost to build a home, so you can see how your decisions will impact the final price tag.
- Square Footage. The cost to build a home is typically broken down by a square footage price, which comprises the cost for all the elements of your new house. In addition, in general, the larger the home you want to build, the higher the cost will be. More space requires more materials and finishes; adding a basement or finished attic increases these costs, as well.
- Materials. The options you choose for construction materials will affect the cost of your home. Full brick or stone exteriors versus partial or vinyl siding, slate roofing versus asphalt shingles, 2×6 versus 2×4 wall studs – there is a significant cost difference between these options.
- Finishes. The finishes you choose largely affect the price of your new custom home. Custom-built cabinetry and closets, designer flooring and fixtures – these touches increase the price dramatically versus no-frills options.
At Woodcastle Homes Management Inc., we’ll help you design and build the home of your dreams, within your budget. We know how these elements impact the cost to build a home – our design and construction professionals assist you in making decisions that create the space you desire without making sacrifices.