It is known that geographic location is a major determining factor in building a new home. The most prominent factors are the cost of land and the cost of materials and labor from one location to another. Depending on your location, this means that building your dream house could be more affordable than buying an existing house. Read on for some more information on the cost of building your home so you can make the best decision for your future!
Cost for Building by Location
Apart from the size of your house, location is one of the most crucial factors in deciding the cost of building your home. Many states are pricier to build due to efforts like labor costs, required permits, and the cost of materials. Supply of land and available labor comes into play. Areas with limited land availability become much more expensive based on supply and demand. That has driven much interest into Pennsylvania from neighboring states. Once you have picked a location, you can start researching the average cost per square foot for building a new house in that area. Deciding on a location and size by square foot gives you a reliable starting point for estimating the cost of your new house.
Home Important is the Evaluation of Cost per Square Foot ?
Once you have determined a location, you can start researching the average cost per square foot for building a new house in that area. Care should be exercised in comparing builder to builder based upon a dollar-per square foot number. Many builders provide teaser low pricing per square foot by not including many costs which they reclassify but you still end up paying. Also, consider the precise level of finish and standards built into a price. They can vary greatly! Always question the calculation of square footage by a builder. If the amount of square footage is inaccurately overstated, the cost per square foot can be erroneously low. Visit with a J. A. Myers sales professional and receive reliable information from the trusted home builder with 50 years of service to the community.
Variability Within Your Costs
Although averages can give you a reasonable estimate for building a new house, make sure to consider the variable costs. The total cost of building a new house could vary widely, depending on multiple factors. Each homeowner’s nightmare is that they will start building and have unexpected costs. Although building costs can vary, you could avoid surprise expenses with some strategic planning. Begin with understanding what is involved with building your home, which are:
- Land costs
- Contractor fees
- Home Plans
- Permits and inspections
- Construction materials
You will encounter all kinds of costs at every step of the process, from home site preparation to construction and design. The preconstruction and construction phases are usually the most expensive. Something most new homeowners need to remember to consider is the cost of living off-site until the home has been completed.
Site and Land Prep Costs
Home preparation is essential, too. Factors that impact the home site could include:
- Slope of land
- Rocks, trees, and water
- Value by location
- Distance from amenities
The type of location you buy will significantly impact your overall cost. If you are building in a rural area, the costs might be higher to run electricity, waste, and water removal services into your home.
For Any Home Building Needs, Contact J.A. Myers Today!
J.A. Myers Homes stands as a beacon of innovation, commitment, and inspiration in the homebuilding industry. With move-in ready homes and a dedication to building your dream home in one of our communities or on your own land, we are prepared to help. We’re dedicated to serving customers in Hanover, Gettysburg, Stewartstown, Dover, York County, Adams County, and Carroll County! Visit our website, reach us at 1.800.368.9990, or check us out on Facebook, X (formerly Twitter), Instagram, Linkedin, Pinterest, YouTube, or Houzz!
