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In the US, the average cost to build a come is $100 a square foot. This figure goes up and down depending on the specific location of the home. Building a home with high quality cabinets, flooring, countertops, etc. can add to the construction cost.

I do not recommend using an estimate of more than $130 a square foot. The $130 should only be used in areas with inflated market values: southern CA, southern NY, northern VA. Even in these areas, the cost to build a home is rarely over $100 a square foot. Builders charge $150-$200 a square foot because they know that consumers will pay it.

If you are concerned that you do not have enough coverage on your insurance policy to rebuild your home, contact your agent for guidance. They should be able to ask specific questions about your home to calculate the rebuild cost.

3/4/2010

In 2009 the average rebuild cost for homes in Highlands Ranch CO, which is a huge subdivision in Denver South Metro area, was $135/sf. This development is as middle of the road as you can get in regard to finishes for the Denver area.

-Local Insurance Agent

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