One of the most common questions people have for home builders is how much they can expect to pay for their new home construction. There are a lot of factors that will affect the cost per square foot for new construction—there’s no simple answer for this question that will be consistent for every person and every project, so you can expect varying construction costs in Layton, UT depending on certain factors.
However, we can provide you with some information about some of the factors that will influence the cost of your home. Let’s take a look:
- Size: The larger the house, the more you can expect to pay—this should be obvious enough. What you may not know, however, is that the larger the house gets, the more the price per square footage drops. So, while you can expect to pay more overall for a larger house, you can also expect to get more for your money.
- Type of room: Overall square footage isn’t the only cost-affecting factor with regard to size—you need to consider the type of room as well. The more of your square footage that is taken up by bathrooms and kitchens, the more expensive the home will be.
- Built-in features: The more built-in features like windows, casework and shelving you have in your home, the more expensive you can expect it to be. Other custom features like granite countertops, higher-quality materials and luxury finishes will also play a role in overall costs.
- Design complexity: The more complex the design, the more expensive the home will be. Consider how many rooflines and complicated angles and details you will have, or how complicated the floor plan is. More complexity means more time spent on measuring and building to make sure everything is done according to your specifications. Simpler floor plans will generally lead to smaller costs.
- Location: Is the property located in an urban setting or a rural setting? What is the neighborhood like? What are the property values in the area? Location will affect a variety of aspects of your project. Labor costs vary from city to city, as fair wages vary across regions. Material sourcing will also vary from region to region—in some areas, certain materials may be harder to get than in others. Finally, access to your site is also a big issue. The more difficult it is to access the job site, the more expensive you can expect the project to be.
- Site conditions: Most site work will be unseen, so it frequently gets overlooked by people attempting to budget out their project. However, the conditions of your job site are an important factor to take into account. If there is a slope, there will likely be more foundation-related costs. You also have to consider work that will be done for better drainage or to protect against erosion, as well as any of the hookups and services that might need to be added to your property.
For more information about the factors that go into determining the cost of new home construction and how to respond to a shifting construction budget in Layton, UT, contact UpDwell Homes LLC to speak with our experienced custom home builders today.