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Custom Home Building: Cost of the Project

Benefits of a Custom Home

Building a home is a huge milestone. Not only because of the creative process, but it’s a massive undertaking of both time and energy. A custom home means that your ideas are designed to fit your specific needs within your price range.

When purchasing a production home, someone else made the floorplan and design decisions for you, and you learned to live with them. When you work with custom home builders, you are calling the shots. The benefit of a custom home build is that you can bring your dream home to life and create a personalized and tailored space for you and your family.

Custom Home Building Cost

We don’t have a one-size-fits-all pricing model. Too many variables will affect the cost-per-square-foot number, such as amenity levels, lot conditions, or permit costs. These factors can be significant numbers that add to the cost of construction. Our team will work with you to understand what investment level you are comfortable with to design to your budget. A typical range is in the $350-$500 per square foot range. At Mountainwood Homes, our typical home starts at $950,000. This figure does not include the lot cost; it is for the home only.

The cost of a custom home is well worth the results because it allows you to prioritize the features you care about and bring your vision to life.

Custom Home Building Cost Breakdown

Here is a sample cost breakdown to help illustrate the overall cost of a $1,500,000 custom home.

Lot Cost: $295,000
Site Conditions: $95,000
Road/Access: $15,000
Power: $10,000
Well: $12,000
Septic: $10,000
Slope: $30,000
Clearing/Trees: $15,000
Architectural Design/Engineering: $36,000
Permits/System Development Charges (SDC): $40,000

On top of these fees, labor and building materials contribute to the total cost. These figures change as available lots, building fees, regulations, material costs, and supply and demand alter the building landscape.

Custom Home Plans

Whether you already have a home plan or need to create one, it is a collaborative process that ensures your floorplan will fit your needs and budget. Many resources online can give you ideas about what kind of floorplan you may like. You can find inspiration on Houzz, Pinterest, or home plan designers like Alan Mascord Design Associates. Even if you start this process with a blank slate, our team will work with you to create a unique plan. Home design trends are always changing, and our goal is to design and build a home that fits your taste and lifestyle.

The Building Process

There are many steps and decisions to make when building a custom home. It’s essential to work with a company you trust to navigate the home building process. You’re busy with work and family life. You don’t have the time or experience to manage your construction project. Having a single point of contact makes it easy. You’ll have our team’s support to keep you informed, on budget, and stay on schedule.

Ready to Build Your Custom Home?

Thinking about building a home but don’t know where to start? We can help you no matter where you are in the custom home-building process. Reach out to discuss your specific project. We can answer your questions and talk about the next steps to working together.

 

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