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THE REAL COST TO BUILD YOUR HOME | Custom Home | Building a house Cost - YouTube
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Thinking about building a house and want
a better idea of how much it will cost
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you well you've come to the right place
by the end of this video you will know a
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quick and easy way to estimate your home
build as well as how to break it down to
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get a more accurate budget I'm Dan Nagy,
founder of Emmett Leo Homes, a luxury
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home building company and your insider
into the world of building and
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redesigning luxury home quick reminder
subscribe by clicking on that red button
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below and make sure to click on the
notification bell right next to it to
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make sure you get the newest videos as
soon as they come out okay first things
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first
but those of you who watch videos for
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like 30 seconds I'll give you a gift and
then you can click on that cat video
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right next to me you are watching this
because you want to know how to easily
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price out your home build building a
house will cost you anywhere from $150 to
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$500 dollars a square foot depending on
its size labor the location and the
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materials you choose so if you're
building a 2,200 square foot two-story
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with an unfinished basement you already
own a lot expect to pay anywhere from
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$300,000 to a million+ to build
it from start to finish. 150 to 500 is a
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big difference you ask... and you'd be right.
But you wanted something quick didn't you?
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So if you're building a base-model
nothing special or fancy a new
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well-built home you'll be safe to
estimate about 150 dollars a square foot
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three hundred dollars a square foot
you're getting into the nicer show homes
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at the track builders build they'll have
like the butler's pantry maybe a shiplap
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feature nice garage doors here you can
get into like the custom cabinetry
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territory $500 a square foot on the
other hand is where you get everything
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custom high-end finishes high quality
and typically things in a house you
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wouldn't find in your stand
at home like secret rooms maybe an
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elevator or a copious amount of
important finishes that you just have to
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have take into consideration that I
typically build and sell my homes for
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about 500 plus a square foot there are
many factors that come into play that
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often people don't think about or that
will get you above that range so there
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you go there's a quick answer now for
those of you who want to dive deeper
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into costing though stay with me here
you may want to take notes you may not
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want to have anything planned but I will
walk you through it and hopefully you'll
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have a much better idea an in-depth idea
after so there are so many different
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factors affecting home building pricing
that is impossible to have a
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one-size-fits-all that works everywhere
instead there are some important factors
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that you need to consider if you want to
dive deeper and get a clear view of
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estimating your bills so I've broken
these down into four factors first one
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is location second one is size then
labor then material so let's look at
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location a hop market is exactly that
things cost more it's more expensive to
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build it's more expensive to buy and
it's more expensive to hire builders if
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you're in a hot market you have to
realize that your labor costs the lot
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costs and even material costs might
increase substantially for an easy
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example think about the difference in
building a home in Orange County
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California versus Saskatoon Saskatchewan
a 3,000 square foot two-story home might
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go for six on our ground in Saskatoon
whereas it might be six million in
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Orange County size building a smaller
home will generally mean it will be
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cheaper but remember that you will
always have a base price to get somebody
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on site building bigger might mean more
complex construction uncommon material
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and even specialized labor
brings us into labor you should know
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that builders are not all the same
any builder can build you a house but
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not everyone can build you a well-built
house if there's labor shortages be
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prepared to pay a premium to get your
project move to the head of the line
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material they say that 80% of the home
is in variable meaning that cost is
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pretty much the cost the same 2x4 costs
the same in an average house as in a
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luxury house and the same concrete used
cost the same there too where the
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biggest jump comes in the finishing
costs that 20% of variable costed
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finishes can mean the difference between
a $900,000 build and a 1.2 million
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dollar bill do you know what your market
is doing in these important factors type
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yes or no in the comment section below
and ask a question if you want to get
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more specific now let's jump into
budgeting and actual build in this
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example we're gonna go with an average
2200 square foot home in an average
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neighborhood this is not a luxury build
and definitely not in a hot market or
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upscale neighborhood if you need me to
break down the cost of a luxury build
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let me know in the comments below
and I'll do that in another video
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initial costs for this one we're gonna
say about $14,000 builders architects
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designers engineers plans permits all
things you might need in order to start
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moving forward you can either draw the
plans yourself buy them from someone
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maybe online or have them custom made
through a build or designer architect
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there's a video that I made that I'll
actually link down below about how to
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choose the right people on your team
depending on how crazy you get your
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plans could cost anywhere from 3 grand
to maybe twenty five grand
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for this sample home expect about $8,000
for design drawing and stamping okay
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then you have your permit which will run
you anywhere from four thousand six
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thousand depending on your location and
size of the project site prep and
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foundation for this we're gonna be about
thirty five thousand dollars now we get
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to the fun part the actual work first we
have to prep the site we do this by
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calling in the surveyors mark exactly
where we're going to be placing the
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house which allows us to know if we need
to take any trees or move massive rocks
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things like that they'll also stake out
exactly where the hole needs to be done
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for the foundation a surveyor can cost
anywhere up to five thousand dollars for
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the entire job maybe even more then you
have to dig the hole for the foundation
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this will cost you around 1500 to 2500
bucks in this example we then need to
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lay out and pour the foundation in this
example we have piles that go in first
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followed by a nine-foot foundation wall
at 2200 square feet this foundation that
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we estimate around $35,000 including all
labor and material make sure that we
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think about any piles or peers that have
to go underneath because that's gonna
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greatly affect your foundation go always
consider where you guys are digging what
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type of ground how deep you're going and
the possibility of massive rocks that
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will slow your your digging down really
all these things create more time and
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money into your planning remember that
the bigger the basement the more
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expensive it will be
don't confuse the square footage of your
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foundation as much as the cost it it is
when you build up so it's not the same
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cost per square foot okay next we get
into framing fifty five thousand dollars
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so you have a foundation that's awesome
now we have to frame a house on top of
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it
typically most of the holes will be
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entirely framed out of wood this makes
up the skeleton to the home that
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comprises of building walls floors and a
roof system this is gonna be a hefty
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bill as the lumber package is almost
entirely what your home is made out so
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let's think about it we need windows and
doors in this home we're gonna say about
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$32,000 to bring this house to lock up
and lock up is where no one or thing can
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get inside the home you'll have to have
your windows and doors and sole usually
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this includes the shingles to protect
the entire structure should it rain so
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that rain can't get in expect your
windows and door package to be around
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$22,000 this number can vary greatly but
a standard package will have enough
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windows for your house to be white and
bright and your doors will actually be
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decent you can cheap out here don't get
me wrong but in the middle of the winter
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you'll feel it also consider that your
shingles are gonna cost around 10 grand
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to install on this two-story home next
we've got mechanical mechanical is
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electrical plumbing heating and cooling
we're gonna say around fifty seven
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thousand dollars fifty seventy five so
for all of these these are preliminary
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costs and then there are finishing cause
we're gonna put them all together okay
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so an electric an electrician might put
a box in the wall to start with and then
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he'll come back and cover it for your
electrical expect to pay around twenty
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thousand so they're gonna bring power to
the house they're gonna run it through
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with outlets lighting low-voltage
anything else you need
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this will include installing finishing
lighting and any other finishing that
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they're required to do
next we got the plumber expect to pay
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your plumber about 20 grand keep in mind
that costs vary greatly in every area so
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you could definitely go higher or lower
depending on what quality you choose
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especially on your finishing finally
there's the heating venting and air
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conditioning or it's also known as your
HVAC this will be around seventeen
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thousand dollars this ensures that
you're cool during the summer and warm
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during the winter exterior finishes for
this home we're gonna say around thirty
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eight thousand dollars so the exterior
finish is very important a watershed in
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BRE the bull membrane followed by a
harder covering that protects your home
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from Mother Nature now make sure that
your house trap is sealed up properly
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and that all openings that windows and
doors and anything else are double check
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to ensure that your installers are
paying close attention because those
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areas are where all the leakage Calvin
exterior finish also includes soffit
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fascia and eaves troughs to make sure
that you water management is taken care
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of next we've got a hefty one eighty
five thousand dollars for interior
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finishes now interior finishes is broken
down into many different line items
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this will include drywall insulation and
poly for that we've said 20 mm paint and
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wall finishes 15 grand
flooring $18,000 now millwork which
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comprises of your cabinets and storage
in the kitchen bathrooms and bedrooms
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that's twenty seven thousand dollars
your countertops three thousand and
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appliances is around five thousand see
told you you're gonna have to write this
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down just for a wine bed if you
it's fine of course this is the extents
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that can vary the greatest from person
to person be careful as you move through
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each line item movie from seven dollars
a square foot to nine dollars a square
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foot we'll wrap up a quick $4,400
difference want to put a lot of tile in
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your house do you really want that wolf
range quick expenses like these could
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blow your budget so fast okay then we're
gonna put in a provision called general
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provisions and miscellaneous that's
gonna be about twenty five thousand
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dollars there are quite a few things
that don't really fall into labor and
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material these are normally things you
might not think of where the worker is
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gonna use the bathroom how much is the
garbage bin on site gonna cost are you
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paying for an on-site supervisor one of
the cost that usually gets overlooked by
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the bi wire or the build-it-yourself er
is the water and sewer connection and
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electrical generally the utility
companies will choose the easiest
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location of hookup but it but if you
decide that you want it somewhere else
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you might have to pay a little extra
okay so let's total it up so as you can
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see the total cost to build this 2200
square foot home is three hundred and
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forty-one thousand and change or one
hundred and fifty five dollars a square
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foot can you build this for cheaper sure
can it cost you way more if you make
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mistakes here and there absolutely but
what I hope for you in this video is
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that it gave you a great understanding
of what goes into a home and what to
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expect to pay for it what did you guys
think if you found this video helpful
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make sure to hit the like button below
share it or tag with a friend and leave
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a comment what was your biggest takeaway
do you still have questions let me know
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and I'll try to answer it as best as
possible if you want to see some more
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luxury projects make sure to check out
my website Emmitt Leo homes comm found
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in the description below where you can
get your free copy of my luxury home
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planning guide
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