What are Residential Construction Costs in Philadelphia, PA?

Asked by Docwargo, Philadelphia, PA Mon Feb 21, 2011

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11
Lillytena, Other Pro, South Miami, FL
Sat Aug 13, 2016
Survey respondents broke down construction costs into 8 major construction stages. Interior finishes, at 29.6 percent, accounted for the largest share of construction costs, followed by framing (18.0 percent), exterior finishes (15.0 percent), major system rough-ins (13.1 percent), foundations (11.6 percent), final steps (6.8 percent), site work (5.6 percent), and other costs (0.5 percent). See - http://USAConstructionLoans.com
1 vote
Ryan Quinn, Agent, Philadelphia, PA
Mon Feb 21, 2011
Alex,

I specialize in only Center City building costs (Fishtown to Brewerytown and Grays Ferry to Pennsport). I'm not familiar with Bucks or MontCo.

Ryan
1 vote
Ryan Quinn, Agent, Philadelphia, PA
Mon Feb 21, 2011
It depends on where you are looking to build. But on average (and I'm being conservative) you can look to build at about $125 per sq ft (sometimes less) and sell for about $250 per sq ft. Again, these are averages, some neighborhoods are higher than others.

I specialize in New Construction Housing in Philadelphia.

Do you know where you want to build or where your clients are wanting to build?

Ryan
1 vote
we are looking to build in philadelphia. We are looking at lots between broad & front, Market & Snyder
Flag Sat Aug 9, 2014
Nikkynine, Home Buyer, Philadelphia, PA
Fri Nov 6, 2015
Is tho site still active?
0 votes
Faisalspower, Home Buyer, Philadelphia, PA
Sat Jul 11, 2015
Want to build apartment buliding on 10000 sq ft land at least 2 story for max numbers of apartment.please give me construction cost if some body know.
Faisalspower@yahoo.com
0 votes
Mjmhomesllc, Renter,
Thu Mar 6, 2014
Cost to build 1,700 3 story roof top deck in Graduate hospital area of Philadelphia?
0 votes
htconstructi…, , 19406
Thu Jan 9, 2014
I have a similar question. 2014-
Temple Hospital Area
2 3 story complete gut and rebuilds; 2- partials (one was redone 2010 but trashed, dumped on property with debris, all windows and doors stolen, and electrical. Have to remove all sheetrock to framing, and see what I have left and rebuild from there. What estimated cost could you advise me in this market now?
0 votes
Bruce Lang, Agent, Philadelphia, PA
Tue Feb 22, 2011
$100-$200/sq ft depending on conditons and finishes...unless your building a 2-3 million house, then $300/sq ft....a nice 800k house can be built for 140/sq ft....don't forget te land, zoning and financial costs too...they add up.
0 votes
Is there anyway I can finance the cost? Thanks
Flag Tue Oct 7, 2014
Carol Diament, Agent, philadelphia, PA
Mon Feb 21, 2011
Residentual construction costs are about $150 a square foot on average.
0 votes
Michael Ange…, Agent, Philadelphia, PA
Mon Feb 21, 2011
Depending on where you plan to build obviously will dictate your cost. Also, depending you plans after construction is done, will also adjust the price per square foot for the finished product. For example, if I were planning on renting my property out as opposed to selling it, I may not want to use the highest end finishes and stick with builder grade products. And on the other hand, if I were flipping, I may want to use better kitchen appliances, bathroom fixtures, etc.
But to answer your question, for construction ONLY, you will pay anywhere from $125 per square to $150 per square.
0 votes
Alexander Sh…, Agent, Huntingdon Valley, PA
Mon Feb 21, 2011
Ryan, just curious if you know the Cost for Bucks and Montgomery?
0 votes
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