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The Cost Breakdown of a Typical House

Posted on 02/15/2013 at 10:11 am

We thought you might find the following information interesting. The NAHB has just released the results of a survey that gives us the cost breakdown of what goes into building a typical home. These costs include only the installation of major building items and what share of the total construction budget that they consume. They do not include any land cost, realtor or builder fees, or financing costs. Keep in mind this is just an average.

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Single Family Price and Cost Breakdowns

2011 National Results
Construction Cost Breakdown of Cost
Permits, Fees & Inspections 4.8% Excavation, Foundation, & Backfill 9.3% Framing, Trusses, & Steel 14.0% Sheathing 1.2% Windows & Exterior Doors 4.5% Interior Doors & Hardware 1.6% Stairs 0.6% Roof Shingles 2.9% Siding 4.7%

Average

Share

$8,909 $17,034 $25,916 $2,142 $8,298 $2,883 $1,052 $5,256 $8,739

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Gutters & Downspouts 0.5% Plumbing & Plumbing Fixtures 6.0% Electrical Wiring & Light Fixtures 5.6% Heating & Air Conditioning 4.8% Insulation 1.8% Drywall 4.4% Painting 3.3% Cabinets & Countertops 5.6% Appliances 2.0% Floors: Hardware, Tile, Carpet 4.5% Trim Material 2.0% Landscaping 3.5% Decks & Patios 1.0% Driveway 1.5% Other Finishes 9.9%

$870 $10,990 $10,227 $8,760 $3,399 $8,125 $6,005 $10,395 $3,619 $8,363 $3,736 $6,491 $1,918 $2,729 $18,269

Total 100.0%

$184,125

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As you can see, the most expensive part of your home is the building skeleton, at 14% of total cost, which includes the framing of the walls and roof. The next most expensive, at 9.3%, is getting the piece of land ready for the house and putting in the foundation to hold up the house. Check out the remainder of the items and see if any of them surprise you.

If youd like more information on this survey, go to the NAHB website and search for New Construction Cost Breakdown or go to: http://www.nahb.org/generic.aspx?genericContentID=169974.

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