Quote:
Originally Posted by lendaddy
My smallish custom home was just quoted at $375/sqft. I already own the land, it was a bit shocking. Certainly a quality build but nothing too crazy... we're trimming features with the goal of getting it near $250/sqft.
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You might want to consult with other builders and/or get a couple other bids.
Assuming you don't have a long list of must-haves that include super high-end features/fixtures/finishes, that sounds way high. Things can certainly add up quick though, and "upgrade-itis"
can blow budgets out of the water. However, $375/sqft. should get you some ultra-premium digs, especially if that quote is just for the construction/hard costs. Even if your land/lot was only worth $50k, and that $375/sqft. included everything but the land, it would put the total project @ $800k for a 2000sqft. house. I don't know your area/market, but I would bet you could find something else (new build or re-sale) for a lot less than that and upgrade/remodel as needed.