Construction Cost Per Square Feet
What is the Construction cost 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 a lot of factors.
Factors Affecting Construction Cost Per Square Feet
The following Factors Affecting Construction Cost Per Square Feet:-
1) Purpose of Construction of the House
The Cost of Construction for a rental house construction may be low, whereas a standard house for personal use will start from a high price level.
2) Type of Internal Finishing Expectect
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 a good front elevation design, you have to pay higher construction costs like stone cladding or Extensive Grillwork, etc.
4) Total Built up Area
The wider the area and more the no. of floors, the 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 is much higher than in other areas.
Cost of Construction Per Square Feet
The following are some values 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 $ 200, though the 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 the united states like San Francisco, Los Angeles, San Diego, Las Vegas, etc.
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.
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
Constructing a new house in Australia is not easy for 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
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.
You Might Also Like: