Cost to build a Home

[Matt Laird]

Guys I have been researching building a new home, what is the average cost per sq/ft in your area?

For a 2500+ SQ/FT home they are quoting me between $125-$135 does that sound typical or should I try to bring in a Builder from outside my area? I'm located in western OK

[michael hunter]

In the currant market building new is more expensive than buying a used one. We just bought a foreclosure built in 07 for less then 1/2 of what it cost to build.

[cmtaylor777]

Sounds kinda low compared to our area. New home at 2500 will run around 175 to 200 here.

[mapleleaf]

Uphere 125 would mean not too many high end finishes. Could be done, but things like tile, flooring, millwork and exterior finish are going to suffer bigtime......

[Matt Laird]

Uphere 125 would mean not too many high end finishes. Could be done, but things like tile, flooring, millwork and exterior finish are going to suffer bigtime......

Just to verify we are talking about $125-$135 per sqft the total cost they are quoting me is 315k +..

[mapleleaf]

Ya totally, per square. Up on our lake in MI, custom homes are going between 250 and 400 per sq ft. In Ontario I know I can build a home for 125 /ft , but that' more a builder price, it's gonna sell for 225-300/ft. If you own the property and were able to GC the job, you'd do a lot better.
If you're research on the builder is coming back positive then 125-150 is awesome, but I'd make sure all finishes have been decided and signed off on so there are no "surprises". Upgrades here on spec homes are the builder's gravy train....