Cost to build multi family home
Does the cost to build a multi family home scare you? Everyone wants to know how much a multi family construction project costs. That’s because it can be daunting and overwhelming. You have a lot of decisions to make. But if you look at the facts and educate yourself, then you can have a definitive idea of what the construction project will cost.
Cost to build multi family home
The cost to build a multi-family home depends on many variables: the size of the home, whether it’s a single family home or duplex, and the location.
Homes in new developments will have higher costs than existing homes or those in older neighborhoods. The cost for materials for a new home will be about $200 per square foot, but the average cost per square foot for an existing home is $125.
If you are building a duplex or adding an apartment to your existing property, the cost should be closer to $150 per square foot or less.
To figure out how much it will cost to build a multi-family home in your area, use our Cost vs Value tool to see how much other homes like yours sell for in your area. Once you know that number, you can use our Cost vs Value calculator to see how much it would cost to build a similar home.
Finally, if you need help estimating your total project budget and want more information on how much it costs to build a house contact us today!
How much would it cost to build a multi family home
The cost to build a single family home can range from $100 to $500 per square foot. The average cost of building a single family home is about $208 per square foot.
The cost to build a multi-family home can range from $120 to $350 per square foot. The average cost of building a multi-family home is about $231 per square foot.
Costs will vary depending on the location, size and quality of materials used and the experience level of the builder or contractor.
The best way to get an accurate estimate is to contact a builder or contractor in your area who has built similar homes in your area, using similar materials and design approaches.