Yep the cost will be in the $10,000 to $15,000 range, by shopping you may get it lower because smaller contractors are really hurting for business. I know a good one Mark Thrup 801-209-8205 he has been a contractor his whole life. Tell him I sent you and he'll get you a great bid for both., I think you can get it built for 75$ a SQFT average quality and $85 for higher quality right now by shopping. Ask Mark.

Buy if you can buy a home for $110 a Sqft with land complete, why wouldn't you just buy a existing home? My guess is you couldn't sell this home for the cost of the project in our market right now.

If you want to know what the value of the finished project would be give me a call and I could do a market value analysis as to what it should appraise for right now.

If lot is flat and the old home is 2400 feet you shouldn't pay more than $15K to tear down. Builders in SLC on average were building NICE new places at about $100 a ft in the PEAK. Now with materials coming down AND labor I have a few builder clients that are building for around $80 a foot (that INCLUDES their profit).

Their TRUE cost is probably $65-$70 a foot. That is good quality but not high end and the does NOT include landscaping OR a finished basement.

Let me know if you need anything else or builder recommendations.

Thanks,

UTAH CRIBS TEAM
Jake Breen MBA, Broker 801-414-1852
jakebreen@gmail.com

Demolition costs can vary greatly depending on what you want to have done. I have seen prices for demo and haul-away range from around $10,000 to $50,000+. They best thing to do would be to get bids from several companies who specialize in this work.

Costs can vary based on many factors. Do you have to remediate hazardous wastes? Asbestos, lead? Are you recycling materials and needing greater care in demo? etc...