What will be the total cost of single family home in Santa Clara, CA.?

Asked by Mohit, Santa Clara, CA Sun Apr 26, 2009

What will be the total cost of single family home in Santa Clara, CA in a lot of about 5000sq ft. and construction area of about 1500 sq ft.

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Nina Daruwal…, Agent, Cupertino, CA
Sun Apr 26, 2009
Hi Mohit,

I have friends who are constructing a home right now.....you can count approx $300.00 per square foot for construction = 1500X300= $450,000.
Now the Outer shell of the home has Standard Prices, BUT, it is the Detailing work INSIDE that will determine what the total costs will be. It will all depend on what level of Tiles, Granite, Crown Moldings, Flooring Materials etc etc that you pick to go inside.......each thing will have a range from cheapest to most expensive and that will decide on the final outcome of your Costs.
I have helped folks build homes....if you would like to sit down and talk about everything, Please Call me 408-7773823. Will be happy to help from start to finish and beyond......
Be well and safe, Regards,
Nina Daruwalla
Web Reference:  http://www.ninadaruwalla.com
0 votes
Steven Ornel…, Agent, Fremont, CA
Sun Apr 26, 2009
Hi Mohit, there is a process I would suggest you follow in buying your home if you desire accuracy in knowing your total costs upfront:

1) First, what can you actually comfortably afford?

There is a difference between a Pre-Qualification and Pre-Approval. If you are looking for accuracy void of surprises you want to be Pre-Approved first. For the differences see: : http://www.Steven-Anthony.com/default.aspx?pp=39377

Via the Pre-Approval process you will know exactly what you can "technically" afford based on current interest rates, Then, it's up to you to decide how comfortable you want your payment to be by reducing your target sales price or increasing your down payment. More importantly, the Pre-Approval makes you aware of any issues that will prevent you from buying when you want to.

2) If you want to know all of the costs of purchasing a home based on a set Sales Price you have to ask for a Good Faith Estimate that includes all third party costs (title, escrow, insurance, property tax, apprasial, inspections, etc.).

As Andrea points out, there is a wide range of properties that meet your intial criteria. Once you get Pre-Approved you will now how many of those 46 homes you can actually afford to buy.

Best, Steve
0 votes
Leanne Burr, Agent, San Jose, CA
Sun Apr 26, 2009
Hi, Mohit. Can you tell me a little more about what you are looking for? Are good schools important? Do you want a pool or no pool? Is multi level OK or do you want single level? Does the age of the house matter?

Leanne
Web Reference:  http://www.leanneburr.com
0 votes
Andrea Wince…, Agent, Milpitas, CA
Sun Apr 26, 2009
As of this writing, there are 46 single family homes for sale in Santa Clara with at least 3+ bedrooms and 2+ bathrooms, 5000+ sq.ft. lot and 1500+ sq.ft. of living space. They range in price from $499,000.00 all the way up to $1,278,000.00.
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