Cost
GCs usually charge Cost-Plus.
Cost-Plus is where the contractor gets paid for all expenses required to build a custom house plus an agreed upon percentage.
Most GCs charge a flat 20% plus cost to build. Not me!
Below is my cost breakdown depending on the livable square footage of the house:
Sq ft Plus
2,500 – 2,999 15%
3,000 – 3,499 14%
3,500 – 3,999 13%
4,000 – 4,499 12%
4,500 – 4,999 11%
5,000 + 10%
The market materials fluctuate, and individual tastes are different, but the average cost to build a custom home in 2020 (not including the land) in Lake Ridge ranged from $135 - $145 a square foot. The price per sq ft DOES include GC percentage.
Example: a 2,500 sq ft custom house ranged from $337,500 - $362,500.
Lots range from $50,000 - $200,000.
GCs usually charge Cost-Plus.
Cost-Plus is where the contractor gets paid for all expenses required to build a custom house plus an agreed upon percentage.
Most GCs charge a flat 20% plus cost to build. Not me!
Below is my cost breakdown depending on the livable square footage of the house:
Sq ft Plus
2,500 – 2,999 15%
3,000 – 3,499 14%
3,500 – 3,999 13%
4,000 – 4,499 12%
4,500 – 4,999 11%
5,000 + 10%
The market materials fluctuate, and individual tastes are different, but the average cost to build a custom home in 2020 (not including the land) in Lake Ridge ranged from $135 - $145 a square foot. The price per sq ft DOES include GC percentage.
Example: a 2,500 sq ft custom house ranged from $337,500 - $362,500.
Lots range from $50,000 - $200,000.
