Estimating Construction Costs
Getting started
Before working on your construction costs you should have the following items completed:
- Pre-qualification for a construction loan
Not because Home Construction Capital gives you access to the nation’s best construction loans, but because without this you don’t know what you can afford. All your work could be for naught if you can’t afford the home you are planning. - Plans Selected
For a detailed analysis you will need to have a general idea of the home you will build. There are endless amounts of plan sites on the net to choose from. Most plans come with a detailed description of the items needed such as type and quantity of lumber, etc.
Cost To Build Web Sources
Estimated Repair and Remodeling Costs - Average Cost Per Job
Construction Costs by line item- In 2004 the National Association of Home Builders compiled a national average costs to build for a 2,800 sqft home. The data is three years old, but provides a good rule of thumb for what to expect in terms of percentages by line item.
Construction Costs Calclulator Excell - Free cost breakdown to calculate your construction costs. Keep notes and telephone numbers of sub-contractors. From Discover Building.
Quick Construction Cost Calculations
For those not ready for the in-depth analysis.
Free Cost To Build - 5 minute construction cost analysis based on 34 categories.
House Plans Cost To Build - Pick a plan and order a cost to build, costs generated by zip code. $29
Detailed Cost To Build Data
Marshall and Swift provides most data for appraisers completing the “Cost Approach” on construction appraisals. They provide feature rich, high end, products for professional cost estimating. Very educational site.
Home Repair and Remodel 2007 Cost Guide - $76.00
Residential Cost Estimator Xpress - Software program $379
