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I'm a homebuilder and I am asked this question ALL the time. The answer is, no. Construction costs can wildly vary depending on cost of land, engineering costs, foundation type, choice of building materials, etc. I'll give you an example. I recently built two houses approx 3,000 sq. ft each. One is in a higher end neighborhood with higher real estate costs and strict building covenants. It is on the market for $389,000 or $127 per sq ft.. One is in a more affordable neighborhood with more relaxed covenants. It is on the market for $285,000 or $95 per sq. ft.

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17y ago

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