Construction Costs: Learning the Basics
I recently stumbled across an article on Zillow regarding home construction costs that I thought was really interesting for both agents and consumers. It highlights the differences in builder costs when it comes to different types of home construction. Of note:
- two story homes are cheaper to build that one story
- gabled, high-pitched roofs add substantial costs
- interior finishes (cabinets, fixtures, etc.) should run 30%-40% of total cost
- splurge on upgrades in the kitchen and master – they’ll pay off later
- be realistic on budget and time frame – new construction often runs late
- read the article here
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