what is the average cost per square foot to build a home in lake villa?

Sandersroa
Both Buyer and Seller
Lake Villa, IL

Questioning recent appraisal using cost approach. In 2006 the cost per sq foot on our appraisal to purchase the home was $100/sqft. We recently got an appraisal and it has the cost per sq foot to be $85/sqft. Surprised to see a 15% reduction in cost. I don't think the material or labor costs have gone down. Where does this number come from? How can I get to the truth?

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