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Old 09-29-2009, 08:37 AM
 
3 posts, read 22,494 times
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I'm looking to build a 4800 square foot home near Olive Branch/Byhalia Mississippi. Looking for around $55/sq.ft. Any recommendations? Thanks.

Gina
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Old 09-29-2009, 09:49 AM
 
Location: Jackson, MS
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$55/sq ft? Let me know if you find a reputable contractor that will build a new house for that.
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Old 09-29-2009, 10:40 AM
 
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What do you think would be a good rate per square foot?

Gina
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Old 09-29-2009, 11:28 AM
 
Location: Jackson, MS
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It depends on the design, location, type of finishes, along with many, many other variables. I think the cheapest route you could go is around $80/s.f., but you could easily get up to $200/s.f. if you start picking out high priced appliances, granite countertops, etc.

Do some shopping. You may want to check with local mortgage bankers, real estate agents, or friends who have recently built a new home or addition in the area to see what type of "ballpark" numbers they can provide. Local contractors and homebuilders associtaions might be able to quote "average" homebuilding costs and figures. However, before you put too much faith in "average" numbers, keep in mind that the only house that you really care about is the one that you are about to build. If you averaged a $300/s.f. home and a $50/s.f. home, you would come up with $175/s.f., which is not anywhere near the high or low end of the prices, so keep that in mind. If you're wanting to build a house that is not as nice as the houses you're comparing on prices, then you can expect the costs to be lower, and vice versa.
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Old 09-29-2009, 06:30 PM
 
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I built a 700sf DECK on my house recently, and got good prices on materials and essentially free labor and just an elevated DECK has cost me like 6 bucks a sf. That's no roof, just a pergola across half and made from 5/4x6 treated pine and 4x4s.

I bought 300sf of low end berber carpet for my bedroom and, with padding, that $1/sf carpet ended up costing me like 8 bucks a sf and I havent even paid someone the hundred bucks to install it yet.

It adds up really, really fast. Thats why I bought an old house rather than build. Well, that and I really like old houses...

A friend of mine spent 1700 bucks on his entire house. He went to lowes, picked out what he needed to add to the pile of wood he had sawmilled himself from his own land, and lowes plopped the kit down in his yard. Month later he and his wife had built about a 1200sf house - not even two bucks/sf... but a whole lotta work!
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Old 09-30-2009, 12:18 PM
 
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Thanks for the responses everybody.

Gina
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Old 10-11-2009, 08:31 AM
 
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New Home prices in the Brandon and Madison areas are typically about $109 to $115 per square foot for homes in the 1700 to 2200 square foot range.

I just signed a contract on a completed New House in a subdivision off of Gluckstadt Road in Madison, MS for $107 per square foot. Excellent quality, high end appliances, etc. etc. Beautiful "fit & finish" workmanship.
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