Cost To Build A New Home In Canada 2023

Have you been thinking about buying and land building a new home in Canada?

If you have, you need to get a very clear picture of what type of home you want to build. and what it's going to cost. before you purchase a building lot.

In this video, we cover some of the basic thought processes you need to go through before you seek an answer to this question in your market, and we cover what the real cost to get a home built with a custom builder is in central Ontario in 2023.

Video contents:

0:00 - 1:56 Establishing Your Market and Build Method
1:56 - 3:00 Establishing Build Qaulity
3:00 - 4:00 Avoiding an Unrealistic Budget
4:00 - 5:20 Cost to Hire Custom Builder in 2023
5:20 - 7:50 Building The Home Yourself

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[xoChannel]

Just finishing building a new high end 4300 sq ft home in Quebec (Suburb of Montreal area), that I managed myself instead of hiring a Gen Contractor. Model is classic farmhouse, 1 story + open basement, built on steep hillside. Excavation was complex, took 3 weeks and cost 140k. Foundations were done in 4 steps, with frostpit, took 4 weeks and cost 160k. We started framing the wood at the end of November, and we had a lot of snow in December, which added delays and costs. Interior has a double garage, 4 bedrooms, office space, 2+1 baths, very large kitchen with Thermador appliances, 48 inch gas/induction stove, home theater, plenty of storage spaces, oak engineered floors throughout, heated floors in basement with 10 ft ceilings, upper living room with fireplace +15 ft ceiling. 22 windows with triple glass, etc. Total cost (excluding purchase of land and landscaping): around 260$ per sq ft.

[JTGG]

Quebec here. I got priced at 300, 000k TOTAL (land is extra)
24x44'x26' icf walls (includes frost), 2100sqft (Basement and 1st floor), heated glycol floors
25k in windows
scandinavian style.
All materials, no interior, no labor.

[Michelle_east.living]

New Brunswick here.. breaking ground in 3 weeks.
1500 sqft home costing us about 280 sqft as GC ourselves. Prices are crazy. We are installing the roof, floors and trim ourselves.

[custommade]

Toronto here. Built a modern custom home 2050sf between Jan ‘23 to Jan ‘24. 4 beds, 4 baths.
Worked with GC, kept day job (got paid more to work job than savings being GC myself).
Usual finishes—i.e. custom cabinetry all areas. quarts counters and backsplash etc.
Cost for within four walls, NOT including and fence—$293/sf. If all in $328/sf.

Gonna make jack shit after HST on sale.

[jonathankent]

Thank you, do you think that if more Canadians are willing to put in the time and effort to building their own homes, that this is a way out of our current housing affordability crisis?

[Alex-dwim]

New 2000 sq ft double garage detached houses in ottawa are sold $900, 000 so this is $450 per sq foot including lot and everything.

[raptormatt]

Great info Mitch! Biggest hurdle when buying land and building seems to be finance and permitting.

[rge]

Just finishing up building a 4 season home in cottage country (Ontario 1000 Islands). Paid $250K for 2 acre water view (incuded already installed septic, drilled well, and hydro). 1250 square ft. cost $300K to build. I did all the work myself with help from father and brother, so $240 / sq ft. Still have some landscaping to finish off. All in cost will be around $550K-$600K.

[flyingjeff]

Has Canada gone to conditioned attic space?

[mohammedaslam]

How much money should I have to become a builder and what are the requirements to become a builder in Canada

[rangerdoc]

Sweet Jesus of Christ! It's $130 USD per sq ft where I live!

[JeevaJaan]

Not much information unless you pay for it.

[CHARANJITSINGHBAHGA-rvlc]

How much the cost of land per sq ft for construction

[andrzejbaranski]

4200sqft around 700, 000$
I'm framer bricklayer stucco kitchen from Poland windows and door from poland I'm roofing guy eletric my friend and plumber my brother.