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Updated over 7 years ago on . Most recent reply

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Beverly Buella
  • Investor
  • Philadelphia, PA
22
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New Construction Costs

Beverly Buella
  • Investor
  • Philadelphia, PA
Posted

Good morning,

This is for anyone who has built a new construction home in the Main Line area of the Philadelphia suburbs.

Lot is .16/acre, located in Bala Cynwyd.

What number would you use to determine the cost per square foot?  The high end finishes are not necessary for me, since I intend on living in the property.  I've heard $150/square foot and am curious to know whether that # is realistic or if it's much higher. I'd like some sort of baseline to work with when getting estimates from builders.

Thanks so much-

Bev

Most Popular Reply

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2,325
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
911
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2,325
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
Replied

$150/SQ FT is the minimum that I would put down.

You can call a new construction company in your area and ask them this question. They will be able to tell you with just a couple of questions .

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