Designing your home
How Much Does it Cost to Build a Custom Home?
If you have been wondering how much it costs to build a custom home, then you have come to the right place!
Custom homes come with the luxury of hand-picked materials, layouts, and styles, to guarantee you match your taste and lifestyle. From floor plan edits to changes to finishes, custom homes allow you to turn your dream home into a reality.
What does it cost to build a custom home?
The short answer: According to the latest National Association of Home Builders (NAHB), the median price for a custom-built home is around $424,000. The average cost for a built home on the market is 417,700. building a custom home costs slightly more than buying a built home.
However, The total cost of a custom home depends on several variables.
What affects the cost of custom-built homes?
The price of a custom home will depend on how much you customize your home. The more you customize the more the home is going to cost. Let’s break down the main factors that determine the price.
Materials
Custom homes allow you to decide what materials will work best. Many materials you see are flooring, finishes, and structural elements. These can vary majorly in the home building industry and cause final project prices to vary.
Finishes and features like marble, stonework, and other rare raw materials increase the costs. They are often higher ticket purchases and they require more care and expertise to install.
Your choice of materials is an opportunity to keep costs down or increase them.
Time
Some builders allow you to choose pre-designed, semi-custom, and fully customizable homes. All three of these build types have varying time frames. A general rule of thumb is that having a longer build process may increase labor costs.
When you build standard and semi-custom homes each design has a set timeline. For example, at G.J. We developed our home designs with decades of home crafting, allowing us to offer set timelines.
When you choose a fully custom home, your timeline varies significantly depending on how much of your build process you have finished. Having land ready to go and having an idea of what you want makes the process much faster. Other factors like size and finishes also make a world of difference.
Size
The price of your home will simply reflect its size. Bigger homes require more materials and labor than smaller homes. In conclusion, the cost to build a custom home will depend on the number of bedrooms, bathrooms, and living areas you’re looking to build and the overall square footage.
Location
The price of everything varies dramatically across the country, and homes are no exception. The final cost will depend on your state, proximity to urban centers, and access to materials and labor.
The range of factors that can impact the final price of a custom home just shows the endless possibilities you have when customizing. While it may cost more, a custom home also comes with ample benefits.
Why build a custom home with G.J. Gardner Homes
G.J. Gardner Homes are distinguished for their experience and expertise we make it easier to get everything you want in a home without all the extra costs and mistakes.
With standard plans, semi-custom and fully custom packages on offer, you can find a home-building journey that works with your preferences and goals.
Our homes are the product of hundreds of hours of professional input as we’re committed to creating spaces that are a joy to live in. Experience every detail of your home before it’s built with our 3d planning available during the design phase. With no detail missed, G.J. Gardner Homes is ready to ensure your custom home is everything you imagined.
Get in Touch
Are you looking to discover more about the custom home-building experience? Our friendly G.J. Gardner Homes team is here to help. If you don’t know where to start, have land already, or are anywhere in between, our new home consultants are ready to work with you. Find your nearest showroom here.