Any owner builder/developer/GC share your knowledge on the Construction Cost of a new residential house in Anchorage area? assuming a 2000sf, low-end rental duplex.
Exclude land cost, I thought the cost for a low-end single family house is about $100-$120/sf. But a designer corrected me yesterday it minimum cost $200/sf for a low-end, and $250 on average, may up to $325 for high-end. I am speechless now.
I am in Wasilla and work as a project manager/estimator for a large statewide general contractor. Those figures are accurate, but may be slightly less depending on selections of finishes, fixtures, etc.
Also- garage space should be removed from the square footage estimate as it builds at a much lower rate.
Sorry about the sticker shock!
Sean, thanks for your comments.
look at this listing on Zillow:
144 Willow View Cir, Anchorage, AK 99504.
Ask for: $751,900
New construction (2016)
4-plex, 3,984sf, with 7,800 sf lot.
Lot value: $80,000
Construction cost should below $150/sf if this builder want have some profit.
Am I right?
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