Builders/Contractors PLEASE ANSWER: How much does it cost to build a house?
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Ok, I know if varies a lot depending on many factors, but what I'd really like is to get a BALLPARK range of what things might cost, since I have no ideas at all. This is for Long Island, NY. ~ How much does it cost a builder to build a 3000SF, 4BR/3ba house, not counting the cost of the land? ~ How much will a builder/contractor charge me if I hired them to build the same house for me? ~ How much more does it cost to upgrade to a 5000SF, 5BR/4ba house? ~ How much does it cost to finish a basement (w/ 1BR and 1ba)? ~ What is a reasonable profit for a builder building a new house from the ground up and then selling it? Thanks so much in advance for your help!
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Answer:
Hello, I know that you asked this question a while ago. It costs me $ 175/square foot. However this was a bungalow (ranch house ) on one floor 3000 square feet. So essentially double the foundation and ect..so more costly then a 2 story home. This was a custom home, 10 foot ceilings and higher end trim, ipee wood flooring. So it really depends on what you want to build. An average low end 2 story home $ 100/Square FT. You go up from there real quick so do a prelim design first, and get a preliminary budget and go from there. Of course this without the land in these figures. Additionally we finished the basement and added a 2 1/2 apartment for an elder parent or two. A nice feature these days. Costs are excluding land.
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