Average cost to build a house in indiana
This document is designed to provide general information only and not a complete description of all the required steps, ergo if you are considering the building of a house in Indiana, it is advised that you do NOT strictly follow this document but consult with professionals at all stages of the project for optimal results.
If you are planning to build a new home in Indiana or just looking to upgrade your existing one, you will find lots of useful information in here.
The cost to build a house in Indiana is $139,300. The average house in Indiana is 3,044 Sqft, which costs $450/Sqft to build. The average labor cost for a house built in Indiana is $83,569. The average material cost for a house built in Indiana is $46,741. 15% of the average material cost for a house built in Indiana is concrete work. The average hourly labor rate for construction workers in Indiana is $39.00/hr. This includes carpenters, electricians, plumbers and other specialized tradesmen who work on residential building projects.
The largest component of building costs are labor and material costs. Tasks such as framing, drywalling and mudding will all add up to your total project cost depending on the size of your home and the complexity of your design plan.
Average cost to build a house in indiana
The average cost to build a house in Indiana is $125,000. This estimate is based on an average of what homeowners in Indiana have spent on building a new home. Prices will vary depending on the type of home you build and your location within Indiana. Your actual cost may be higher or lower depending on the budget for your custom home plans.
For example: The average price per square foot for a new single family home in Indiana was $68 in 2017. The total number of homes built in 2017 was 4,178 which means that the total square foot volume of homes built was 269,344 square feet. At $68 per square foot, this would have cost roughly $20 million dollars to build all those houses in 2017 alone!
The average cost to build a house in Indiana is $137,000. The average size of a new home in Indiana is 2,700 square feet.
The average cost to build a one story house in Indiana is $130,000. The average size of a one story home in Indiana is 2,500 square feet.
The average cost to build a two story house in Indiana is $145,000. The average size of a two story home in Indiana is 3,100 square feet.
The average cost to build an addition onto an existing house in Indiana is $60,000. The average size of an addition onto an existing home in Indiana is 1,300 square feet.
The average cost of building a house in Indiana is $250,000. The average size of a new home built in Indiana is 2,700 square feet.
The most common type of new single family home constructed in the last 12 months is the 3 bedroom / 2 bathroom variety with an average monthly mortgage payment of $878.
If you’re thinking about building a new house in Indiana, there are a few factors that will affect your total cost. Chief among these are:
The size and style of your house (the bigger, fancier and more unique it is, the more it will cost)
Where you build it (some locations are more expensive than others)
On average, the cost to build a house in Indiana is about $260 per square foot. This is based on the national average of $233 per square foot.
The average cost to build a 2,500 square foot house in Indiana is $187,500 ($260 x 2,500). This includes materials, labor and other costs. The total cost will vary depending on factors such as location, size of lot and whether it’s a new or existing home.
If you have questions about how much it costs to build a home in another state, please contact us via phone or email.