Cost to Build a House

In this video a builder opens his books and reveals the details of the cost to build a house today. The video covers the cost for labor and materials to build a four bedroom, 3.5 bath home with a full basement. This video is perfect for anyone looking to save up to 30% on the cost of their new home. A real house plan that is available today is reviewed along with the estimated cost to build it. Cost adjustments for major cities throughout the U.S. are also shared. If you are looking for a video covering the details of the cost to build a house today, you will find this video very useful.

The location cost adjustments at the end of the video are percentages. So for example, if the number shown is -6, you deduct 6% from the costs we show in the video for the particular location.

For more details about the house plan shown in the video...

Disclaimer:
The costs used in this video were derived from multiple sources including but not limited to: 2021 National Construction Estimator by Craftsman Books, the builder's own experience, and the latest NAHB (i.e. National Association of Home Builders) Economics and Housing Policy Group, Cost of Constructing a Home. Construction costs can vary greatly from one location to the next due to material and labor shortages and local market conditions. Individual customer finish and design choices can also create large swings in labor and material costs for a given project. Building code differences from one location to the next were not considered when preparing the labor and material costs presented here. Armchair Builder, Michael Luckado, and Open Book Build LLC have no affiliation with Menards or Advanced House Plans.

[conniehuffaCRE]

In California that exact house plan is selling for $2.2 million. Nice to know it costs just over $300K to build. Thank you for this.

[sergiomelendez]

The cost of a semi-custom or custom home will vary wildly depending on land cost, materials used, finishes in the house, and maybe turn around time. You can estimate (or purchase) a lot. Find a semi custom home builder that has a model for you to view and request a quote. A lot of times with upgrades and building houses you have to just set the budget and build the house to that budget. Its a lot easier to say to the builder I want a house built like this quality with these finishes, but this wall moved, an extra garage, and adjust from there. The more specific you are the tighter the range of the estimates. At a minimum you should be able to know the cost of the land. Also, you can work with an architect. I think you need to ask the question the other way around. Instead of "how much money do I need to build this house". You should ask "how much house can I build with this much money. "

[shaqcanada]

Thank you so much for this I finally found a video that truly breaks it down

[pinnaclebuilds]

It should be mentioned that there is a HUGE variation in price of materials based on quality. You can purchase a window package that is $5, 000 or you can easily spend $35k+. We've seen price ranges on cabinetry from $28k to $75k on the same exact house, just changing quality and manufacturer. I couldn't imagine being in a market where you can markup homes by 30%.

[kylehansen]

Amazing video, very well planned out. Love how thorough this video is.

[sreemoymohan]

Great video, it also depends on the general contractors, few of them in my area bring out the pricing sheet even for a small screw but the company that built the home was very accommodating. 1669 sqft 2 storey slab 2 car garage, MBR in 1st floor and 4 bed rooms upstairs including a small deck balcony was 222, 500 including 16, 000 sqft lot.Location Indiana

[josephbobzien]

You would think that if you Google how much does it cost to build a house videos like this would pop up 1 million times. And that's just not the case this was fantastic thank you.

[xfreedom]

Here a tip if your planning on building a home instead of hiring a company to build it for you find people on the side to do each thing such as foundation block laying etc only go with a qualified company for serious items such as electric heres an example I have a family member who does stucco on the side for a normal sized home he charges around $6k+ with material compared to a company who'll charge well over $10k

[johngirard]

This Looks very nice, Good job, well done. Thanks for sharing the details with us.

[shvrdavid]

Housing is insane compared to what it used to be. I grew up in a 6 bedroom house (far bigger than this one) that cost 12k, or just over a years pay when purchased. You can't buy anything for that cost now, let alone anywhere to put it. I seriously doubt this is what anyone thought of when they said "The American Dream" years ago. Things have progressed so disproportionately over the years, that it is scary. Going from just over a years pay, to 6 to 30 times that just to simply put a roof over your head... Yep, that's the American dream we have today... More like a nightmare, that somehow has been passed on as normal.

[angelinasjukebox]

🙏❤️🔥. We are just starting out as owner/builders....so I happened to come across this video. So neat that you have a course....will have to check it out!!!

[maisis.]

Thanks for sharing information..watching from Florida.. I am going to build a dream home in the near future

[Lilioideae]

I live in Ohio and this was very helpful! Thank you!

[NikosPropertyShow]

I'm building my new house right now and I got so fortunate for lumber prices to drop down drastically right when I ordered my lumber package. Saved $20, 000 ordering my lumber package when I did 😅

[SrikanthPRABHA]

Brilliant. This channel should get million subscribers soon.

[cyber]

This is quite helpful. Thank you for this

[markadler]

In Vancouver Canada where I am from you would pay 300k to your architect and the city in fees/deposits before you even broke ground. Finished homes run around the $500 a square foot and up to build. One project I worked on the client spent over $4000 per foot to build it. Houses cost about $1200 a square foot to buy in the less desirable areas of the city and well over $3000 in the nicer areas. There is also so much red tape and regulations that houses (Especially the most expensive ones) often take 5-6 years to complete from submitting the drawings. Now we have a housing shortage because nobody wants to go through the nightmare that is building a house in my city.

[premiumbenefits]

What an absolutely beautiful home. Genuinely considering this plan

[Sladeofdark]

This is SOO helpful. Give me all the confidence that I need to pull this off.

[audigit]

I stopped about 4:30, but kudos. you address everything in your criteria