How much does a custom home cost?

How much does a custom home cost?

Over a million people will build a custom home in 2018 with the average size being close to 2,500 square feet. But how much will your custom home cost? Unfortunately, there’s no simple answer. Your home cost can vary widely depending on your design, location, finishes, and the custom home builder you select.

 

That said, the national average for a custom home is $150 per square foot. So if you’re building a 2,500 square foot home, you will likely spend about $375,000 for your custom home. However, if you select Putnam Builders to build your custom home, their average is less than the national average.

 

Of course, that’s just an average estimate. Building your own home will vary with everything decision you make. Regardless of the size of your dream home, certain costs will stay relatively the same. You will likely spend the same amount for the shell of your home, which includes the walls, windows, and roof. The shell will account for approximately one third of your overall budget. Interior finishes like your flooring, countertops, cabinets, and molding will account for another third of your budget. The electrical, plumbing and gas line costs will account for 15% of your budget.

 

And before you build you’ll need to select a plot of land. If you have your heart set on a specific neighborhood or school district you may have to pay a premium. After you select your plot you’ll encounter another variable; excavation to make your land builder-ready. Bad soil, rocky ground, or uneven land can drive up your overall costs dramatically.

 

 

Probably the most important variable you’ll encounter is the custom home builder you select. You’ll want to select a builder with plenty of experience that can give you a clear estimate, so you can plan your budget accordingly. An experienced builder can help you select a plot in the neighborhood you want that won’t have unexpected excavation costs. A qualified custom home builder will also be able to speed you through the construction permit process and will have plenty of insurance covering you during the construction process.

 

Putnam Builders has been building custom homes on the Gulf Coast of Texas and surrounding areas since 1963. We would love the opportunity to discuss your custom home in our design studio in Bacliff, TX or in the comfort of your own home. Please contact us at 281-339-0838 or request a free consultation here.

 

 

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