Updated over 2 years ago on . Most recent reply
Current construction costs (ground-up)
What is the best way to understand current construction costs per sqft in my area?
I'm currently using the national average of $250/sf to calculate my ground-up cost, but would like to cross check that against local numbers.
Should I reach out to GC's in my area, or is there a better data source out there?
Most Popular Reply
GCs are going to be your best bet. Are you calculating all-in costs or just hard costs? And of course it depends on what you're building. I'm currently pricing out around $170 PSF for garden style multifamily, which is about 30% higher than my previous project.