| Building a Balance: Construction Costs For Single-Family Home |
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Construction Costs for Single-Family Unit
2004 Final National Results
September 15, 2005
Average: 2,800 square feet
I. Sale Price Breakdown
Average
% of Total
1. Finished Lot Cost (including financing cost)
$97,029
26.0%
2. Total Construction Cost
$192,846
51.7%
3. Financing Cost
$6,773
1.8%
4. Overhead and General Expenses
$21,469
5.8%
5. Marketing Cost
$7,067
1.9%
6. Sales Commission
$11,258
3.0%
7. Profit
$36,629
9.8%
8. Total Sales Price
$373,349
100.0%
II. Lot Cost
Average
% of Lot Cost
A. Raw Lot Cost
$48,769
50.3%
B. Development ... |
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