how to calculate construction cost per square feet

Construction cost per square feet around World

What is the cost of construction per square feet? When you think about constructing a new house and you are searching for the right contractor this term must be heard by you. The Cost of Construction per square feet for a residential house depends upon on a lot of factors. we can say that the cost to depend upon the following factors:-

1) Purpose of construction of the house: – The Cost of Construction for a rental house construction may low, whereas a standard house for personal use will start from high price level.

2) Type of Internal finishing expected:-The Quality of painting, woodwork, Bathroom Fittings, flooring, Electrical fittings, etc. you use will affect the cost.

3) The type of Exterior Finish:- If you want good front elevation design, you have to pay higher construction cost like stone cladding or Extensive Grillwork, etc.

4) Total built up area:- The wider the area and more the no. of floors, lower the price for construction for the same type of features.

5) Location of Land:- If you are constructing a house in a remote area, where construction material and Labour are not easily available. The cost of construction much higher than in other areas.

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Following are some value of the cost of construction in various countries and major cities of the world.

1) United States:

The cost of construction in various cities of at a $ 200, though national average stands at $ 250.

RESIDENTIAL:                                                                                            Single Family Detached-Medium Quality – 150 to 400 $ per square foot.         

Apartment/Condominium-Mid Rise –   200 to 500 $ per square foot.

This figure varies in various cities of united states like San Francisco, Los Angeles, San Diego, Las Vegas, etc.

Construction cost per square feet

2) United Kingdom:

Generally, for Constructing new homes in London several factors affect the cost and therefore a minimum of £2,000 per square meter (£185 per square foot) may be a more realistic estimate.

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3) Canada:

When it comes to the average cost of construction to build a house in Canada, according to Home Builder Canada, the price per square foot for a detached home in major Canadian cities is as follows:

Vancouver: $130 – $230

4) Australia:

Constructing a new house in Australia is not easy for the lower class resident. If we consider Site Costs $10,000 – $70,000, Basic cost – $10,000 Driveways and Flooring – $10,000. So it would generally need to add around $40,000 or more to the cost of the build in extra costs.

The cheapest house you can construct in Australia is somewhere around $155,000.

1)        Project Homes (basic) – $620-$780/square meter

2)        Project Home (deluxe) – $1,000 – $3,000/square meter

3)        Custom Built Homes – $1,500 – $3,000/square meter

Cost range per floor area ($/m2)

Sydney          $1,780          Melbourne   $1,720         

Adelaide        $1,580          Brisbane        $1,800

5) India:

If we consider average, the construction cost per square feet in India would range between Rs.1200 to Rs.1800/-.

This range may vary from city to city like Mumbai, Kolkata, Bangalore, etc.

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