Deciding to move into a new home is an exciting step in your family’s life. But in times of low inventory of suitable homes for sale, you may be considering building your dream home rather than purchasing an existing one.

Before you make a decision on whether to design and build a new home in Alachua County, you likely have questions about what it would actually cost to build a brand new home. We have over 16 years of experience in new construction and remodeling, so read on for our construction builder insight.

 

Does It Cost More to Build or Buy a New Construction Home?

You likely wonder which is more expensive — buying or building your new home. According to HomeAdvisor, the average American home costs $290,314 to build. Meanwhile, the 2019 US Census Bureau Report estimates that homes in the south cost an average of $110.19 per square foot.

 

What Factors Affect Cost?

House building costs are different depending on location, floor plan, size, and customizations, to name just a few. But, typically, your new home build will include the following cost categories.

 

Land

Unless you already own the land you plan to build your home on, you’ll have to purchase a lot big enough for the size home you envision. Most land in Alachua County is priced similarly to the state average, which is approximately $6,100 per gross acre. Generally speaking, you should be ready to pay anywhere from $25,000 to $200,000 for vacant residential land.

When choosing a lot, there are some considerations to think about, including the following.

 

Labor

When you choose to work with Shore Builders to build your dream home, the labor cost is factored into your overall price. Another benefit to working with a professional builder is that you aren’t responsible for coordinating all the subcontractors and their schedules. We handle it all for you, making the process as seamless as possible.

 

Materials

Another benefit of working with a home builder is that they are able to purchase home materials for less than you could if you were building on your own. The cost of finishes and items such as cabinets, countertops, and flooring can dramatically alter the price of your home. Shore offers you many options so you can choose which materials suit your dreams — and your budget — the best.

 

Shore Builders Is Your Dream Home Partner

When you’ve decided to build your dream home, rely on the trusted, seasoned construction home builder team at Shore Builders. As a design-build firm, we handle your home build from ideation to construction and beyond. We are licensed and insured and financially responsible by budgeting practical allowances so you can maximize the money you have to spend creating your perfect house. Contact us today to schedule a consultation so we can find out what you need from your project and how we can help get you there, so you love your home.