Home Ownership in 76065>Question Details

HALLELUJAH19…, Home Buyer in Cape Coral, FL

HOW MUCH COST TO BUILD 7200 SQFT HOME?

Asked by HALLELUJAH1951, Cape Coral, FL Sun Mar 10, 2013

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3
Don Groff’s answer
The cost to build relies on many factors. It will cost more to rebuild a home after major damage than the initial build in most cases. It also will depend on the property you are building on. Is it level or will it be necessary to do a lot of work or excavation to get the area suitable to build on.

Your best be would be to start speaking with builders in the area and have a good idea of where you want to build so you can get some accurate numbers. As you get closer make sure you get multiple bids and take a good hard look at their track records. I would also make sure you talk to several home owners who have used the builder and ask about their experiences with them.

Not making the right decision when choosing a builder can not only cause you a lot of money but also a lot of headaches.

Hope this helps.

_______________________________________
Don Groff
REALTOR® & Mortgage Broker
Austin Real Estate Pros | 360 Lending Group
office: 512.669.5599 mobile: 512.633.4157
websites: http://www.AustinListed.com | http://www.360LendingGroup.com
email: listings@dongroff.com
0 votes Thank Flag Link Mon Mar 11, 2013
While the larger the home the less per square foot it costs to build it all depends on location, land, and the finish out.

I'd break it down into three categories:

Basic / Tract-Home Grade approx. $600,000
- factory cabinets
- low cost flooring,
- very little trim,
- one paint color throughout,
- bottom grade everything

Semi-Custom approx. $800,000
- custom cabinets,
- better carpet,
- some wood & tile,
- crown moulding,
- granite counters,
- basic stainless appliances

Custom / Luxury +$1,200,000
- Custom cabinets w/ built in bookshelves & entertainment centers,
- Hand scraped solid hardwood floors,
- Expensive tile,
- thick high-grade granite & marble countertops,
- Custom / Faux painting
- Custom Appliances (Viking, Sub-Zero, etc)
- Multi-room audio,
- Surveillance
- Sky is the limit

Like others have stated, look at houses like what you want and see what they're selling for and / or contact a builder in the area you would like to build for some ideas.
0 votes Thank Flag Link Fri Apr 5, 2013
A lot....
Let's just say 1mil and make it simple.

Of course you can make it more complicated.
Do you want a house with very basic finishes...vinyl and carpet floors.
Or do you want marble and hand scraped hardwoods throughout.
Carpet might be $1-$2 square ft.....$10,000 worth of floors in 7200sqft.
Marble and wood might be $10/sqft or $72.000.
Now take that theory and apply it to cabinets, windows, doors, kitchens, baths, landscaping, pools, etc.
and land....do you need a lot...or do you have it already and just need to build now? How big a lot?

What you might do is search for newer homes about the size you want. Look at the prices. So they are not new homes perhaps, but might give you an idea of what you can get for different price points.
0 votes Thank Flag Link Sun Mar 10, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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