Cost to build a 1500 square foot house
When one thinks of building a house, they are often under the impression it will cost a fortune. Even more so if you are building a house with unusual specifications (2 storey, 8 bedrooms, etc.). This myth usually gives way to the perception that building a house is reserved for the affluent and not for ordinary folk. The truth is, building a smaller home is no longer an impossible mission for the average middle-class family.
Cost to build a 1500 square foot house
In the United States, the average cost of building a 1500 square foot house is $315,000. This includes all materials and labor costs, but does not include land. Labor costs are around $30,000.
This figure takes into consideration the cost of materials and labor for the entire project. The actual cost will vary depending on the size and type of home you want to build.
Costs for building a 1500 square foot house:
Land: $0 (estimated)
Labor: $30,000 (estimated)
Materials: $285,000 (estimated)
The cost of building a 1500 square foot house depends on the type of home you want to build, the size and whether you are going to build a new home or remodel an existing one.
A 1,500 square foot home is a small house by American standards, but it can still have plenty of space for a family. For example, one such house might include three bedrooms and two bathrooms. It is possible for families to live comfortably in this size home, but it is also common for people to build larger homes because they have more than one person living in them.
If you already own land that you want to use for your new house, then the cost will be less than if you had to purchase land separately from the property itself. The price of land can vary depending on where you live, but it is typically easier to find land near cities than in rural areas because there are fewer people who want these areas so they tend to be cheaper as well. If you do not own any property yet or if you need help finding some land near your location that fits your needs perfectly, then consider hiring someone like an agent who can help connect you with sellers who may have properties they want to sell quickly or even give away.
A 1500 square foot house is a good size for a small family, but it can be difficult to find a plan in this size range that matches your lifestyle. The plans we have listed here are all less than 2000 square feet, which makes them more affordable than larger homes.
If you are looking for a 1500 square foot house, here are some of our favorite plans:
The Avery Plan: This home has an open floor plan with three bedrooms and two baths. The kitchen has an island for extra counter space, and there’s also a family room downstairs.
The Stony Brook Plan: This three bedroom ranch home includes 2 car garage and a covered front porch with rocking chairs.
The Cambridge Plan: This two story home has four bedrooms and two baths, plus an optional bonus room upstairs.
If you want to build a new home, there are a few things you need to know.
The first thing is that the cost of building a house can vary significantly based on where you live, the size of the home you want and the quality level you choose.
The average cost for building a 1500 sq ft home in 2021 was $1,324 per square foot. That’s about $192 per square foot less than it cost in 2020.
However, if we look at just the median price per square foot in 2021 ($146) and 2020 ($156), we see that there was actually a 4% increase from one year to the next.
That’s because while average prices went down, so did median prices – they went down even more!
In 2021, average prices were lower than they were in 2020 by $0.04/sqft (average) and $0.08/sqft (median).
We have a number of home plans to choose from. You can browse all of our plans here, or you can use the search feature below.
If you need help determining what size home will best suit your needs, take a look at our sizing tool here.
You can also view our pricing guide here.