[Cave 11]

What does construction of a new home cost in the northeast per square foot?

[ballengerb1]

Approximately $125 sq/ft but your choice of materials can affect the cost, plus lot.

[eric34]

Wish I lived there, just build a house in BC and cost me just over $200 a square.. Kind of gets you right in the grown.

[caryb]

What does construction of a new home cost in the northeast per square foot?

This is a Builder in Upstate NY (Sullivan County) They should Know..

Ronstein Construction - The Difference Is In The Details! 845-794-0276] Ronstein Construction Corporation, Rock Hill, New York Rock Hill NY 12775

[bigdaddy29999]

In Alabama, $95-98/sf.

[the1unv]

I don't care where you live... you can not build new for under $125.00 a square foot. It will be closer to $150.00 - $175.00 depending on the interior finish. I have a friend in Alabama who just built a 1200 Sq.Ft ranch home... it cost him $228,000.00 You do the math.
Mike

[ballengerb1]

I guess we need to remind ourselves that this is construction only that you are asking about, right cave11? You have some ballpark numbers now but you can also do a lot for yourself by asking 3 or more builders in your area to give you a construction cost for your plans. If they know there are 3 builders and maybe someone has a slow period and could use the work, who knows it may go in your favor.

[Cave 11]

The general contractor's mark-up is about 32% (total cost of job x 1.32) which adds a big premium to the cost building a house. If I act as my own GC then the town makes you get Worker's Comp for the workers "employed" plus myself. Worker's Comp - for just myself - is $5,000! That's New York. Is this "WC" business common in other states?

[the1unv]

Work Comp for you to build your own home? Wow... things are sure different around the states now days. I know it is not needed in North Dakota, South Dakota, Iowa, Minnesota or Nebraska. All you need here is home construction insurance policy.
Mike

[rtw_travel]

workers comp for us in BC is about 4% of wages. So a major reno with $50k in carpentry is about $2k. The other sub trades we hire are self-employed and have their own workers comp.

It is available to homeowners who are acting as generals. For the price WC charges, its not worth taking the risk on someone hurting themselves. We've had one claim - worker slipped down the stairs at the end of the day when we were going to the fridge for a beer (!). The cost of the x-rays and hospital visit were surprisingly high - let alone lost wages and other things he could have claimed. And that was a very minor sprained ankle. WC covers it all so you have no liability whatsoever.

[bigdaddy29999]

My brother just built a home in Alabama for $185,000 (excludes lot.) Heated/cooled sf=1891. ~$97.83/sf. Price includes garage, garage sf excluded in that square footage. It's a nice size garage. 2 car but pretty large. Also, has storage space above and stairs to it. Under the stairs, he has a storage closet and a utility sink.

This was a reputable homebuilder. The home was built on a sloped lot, thus requiring a good amount of foundation block. It is a slab on grade, stick built framing, and brick veneer. 8/12 slope roof with architectural shingles. It has 9' ceilings in the bedrooms/baths and 11 in the den/kitchen. Tile/stone in kitchens/baths & stone fireplace, nice light fixtures, etc. That's what he paid the builder.


Builder charged a flat $25,000 fee, so roughly 13.5%. Job was built on allowances on everything but foundations, framing, and roofing. Therefore, builder had relatively little risk

As far as 32% markup, I need to move there and start a homebuilding company! 15-20% is normal in Central Alabama for the home market. But since the recent decline in the new home marker, some builders are cutting their margins to survive. Most homes are being built in 3.5 months now because of the slow market.

[eric34]

Hey rtw_travel,
Did you mention the beer run to WC?? Hey might have asked what # he was on. The coverage might have went down with each beer.lol

[the1unv]

All I know is this... Where I live and for my employees... A $12.00 an hour man costs $9.00 an hour for workers comp and unemployment. At 40 hours per week and a work year of 49 weeks... it adds up to $17,640.00 a year per employee. I do know this much... I don't care how many beers a guy has drank before falling down the stairs... I can pay for one heck of a lot of sprained ankles with $17,640.00... That is why when some one gets hurt I tell them to bill it to me and I will pay for it... one accident and WC doubles... WC is a rip off!!
Mike

[the1unv]

BTW I thought I would throw this in for those who don't understand... I got some concrete in my eye... went to the emergency room that night... they cleaned out the eye and gave me some drops... I told them I was paying for it with NO insurance... The ER visit cost me $125.00... the eye drops cost me $40.00 2 weeks later I had a guy get a piece of metal in his eye... he went to the same ER... he told them it was workers comp... the ER visit cost $350.00 and the same bottle of eye drops I was given for $40.00 was billed to workers comp at $178.50... Fact... total bill for me was $165.00... workers comp bill was $528.50... you tell me how workers comp saves you money... I don't see it...
Mike

[rickmuscat]

New York is 200 plus per foot comp is 12%