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Montavius Jones
  • Developer
  • Milwaukee, WI
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New Construction Residential Costs

Montavius Jones
  • Developer
  • Milwaukee, WI
Posted Jul 18 2022, 12:18

I am looking for any investors or contractors who can provide what they've seen for costs on new constriction residential. Average PPSF hard costs over the last 6 months. Something I can run a proforma on before soliciting hard bids. 

The property location is in Milwaukee, WI. 2BR/2BA 2 floor townhomes. 

Milwaukee, Wisconsin

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Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied Jul 19 2022, 06:16

Probably around $200/sf for the build assuming water and sewer already on the lot.

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Scott E.
  • Developer
  • Scottsdale, AZ
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Scott E.
  • Developer
  • Scottsdale, AZ
Replied Jul 19 2022, 07:03

Out here new construction residential runs anywhere from $250/SF - $450/SF depending on lot conditions, complexity of the build, and quality of finishes.