How Much Does It Cost To Build A Custom Home?

The costs are very different depending on
if you chose a builder
if you hire and supervise most of it yourself or
if you actually build the home hands on mostly yourself.
If you chose a builder your home will cost you as much as any other new home.
If you hire and supervise yourself you will have a considerably amount of instant equity in the home.
If you build it hands on yourself you save the most.
The costs are also very different in different parts of the country.
Today the costs of a new home in today's market are almost impossible to predict.
Allow for a big question mark in your estimate.

Thank you, you made 10% sense, all very valuable information

Prices are way too high! Completely ridiculous .

I'd love a comparison between buying an up to code insulated old house with a new roof, new hot water heater and current power vs. a new custom home. I honestly have no idea how they would compare if they had about the same amount of features and "luxury".

240 SQ

I think most people don't understand what he means by a custom home. A custom home means you are not going to skimp, save, and cut most corners. It means you will have decent finishes, decent cabinets, more windows, hopefully better water barrier and underlayment, better insulation, decent master bathroom, nicer foundation, etc. And don't forget you need SKILLED labor to make sure you drywall doesn't have screw pops, or that they flash behind every joint in hardie lap, or that the stucco has a drainage plain, etc.
Of course you can build for $200 (or even less). But you are not getting custom for that.

wondering what is the orde of priority to have finishes picked? Cabinets, light? appliances?

Another honest and informative video. Glad I found your channel. As a Southern California GC myself, I can vouch for your overall presentation.

Great video! Very informative!We are looking at a custom home along the front range in CO.

Today, about how much per square foot would it be for a custom home of about 3800 ft.² (2 story)? No basement. With nothing extravagant, just a little bit better tract home.

Appreciate the info. Very helpful

We’re looking at $350/sq ft in Hilton Head.

$150-$200 sqft on a farm lot in Ohio

Do you do ICF?

Resales are a lot less. I can get a nice 2,400 sq' lake house in NC for $600k, lot included. That's around $250 sq' of heated space plus unfinished basement, or ~$167 total sq'. Far less than it would cost to build the same house. This it what baffles me. How can it be cheaper to buy a finished house than build the same house yourself?

250-350/ft2 + lot, but what about architectural, engineering, excavation, foundation, utility hookup or septic/well, driveway, landscaping and lot prep? Are they all included in that square foot range of 250-350 or are they on top of that?

Speed costs money. How fast do you want to go?

Here in Il weee around $350/450

Today custom home builders are mostly misnomer. They no more than track builder with few more options for you. They use all the same subs with no better quality than track builder. customs builder charge 30%-75% more for the label of custom home. They do nothing more than for you than any other builder. 95 % of people should stay away from scam custom builders you will never recoup your money.

These numbers all seem quite low. In south/central Texas, you're looking at $400 and up.

South Alabama $250/sq ft plus lot. Resort area upgraded finishes. Lower labor costs. Builder has good group of subcontractors. Good quality

Really enjoyed young video.

First builder I met with in Knoxville, TN quoted me $260-$300/square, which I think is a plain rip-off. In Tennessee??? Especially since I already own the land. It's cheaper in Phoenix now. I thanked him for his time and left. $200-$230 sounds more reasonable (to me).

Around $200 here in North Ga. That’s what the guy who drew up our plans and is building ours told me in November. With that said he’s about 2 years out though. I talked with another builder who said he would be in that range as well.

Here in Sarasota Fl there are a few high-end builders charging around $ 850 per SQ.FT. Tell me about it.

As someone who is actually interested in building a custom home I really appreciate your honesty and the information you provided, thank you.

so it's kind of like asking, how long is a piece of string?