Average cost to build a 500 sqft house
The average cost to build a 500 sqft house is $133,190 (2017).We have completed our research and found the average cost to build a 500 sq ft house goes a long way when you consider the entire scope of cost components involved. It can be surprising to know that the costs will vary so much depending on your location, even within your state or country! We explore all aspects in this article and answer every question you may have about the building process.
The cost to build a 500 sqft house varies greatly depending on location, the quality of materials used, the availability and cost of labor, and the size of the land it’s built on. In most cases a 500 sqft. house will cost somewhere between $40k – $60k to build depending on how much site work needs to be done such as grading and drainage.
Average cost to build a 500 sqft house
The average cost to build a 500-square-foot house is $70,000. This includes the foundation, framing and all other materials needed for the construction of the home. The cost includes such items as lumber, nails, shingles and roofing materials.
The cost of building a house varies depending on the size, location and type of dwelling being built. For example, a typical home in the Midwest may cost $100 per square foot while a similar home in California would cost closer to $200 per square foot because of higher labor costs in that region.
The average cost of building a 4 bedroom house is $300K-$500K depending on whether it will be single story or two stories high with an attached garage and basement. The more bedrooms you want in your home, the higher your budget will be!
Average cost to build a 4 bedroom house
A 500-square-foot house is a good size for a starter home or a weekend retreat. This size house would be large enough to accommodate a small family, but small enough that you could build it on your own. You can save money by doing some of the work yourself, but building a small house won’t come cheap.
The average cost of building a small house is about $55 per square foot, according to the National Association of Home Builders. That means your 500-square-foot house will cost about $27,500 to build.
You’ll need to buy land and pay for permits before you start construction. Once you’ve poured your foundation and framed up your walls, you’ll need to hire a contractor or do some of the labor yourself: installing windows and doors, framing interior walls and roofing over the structure with shingles or metal roofing panels.