What Is The Average Cost To Build A Home In The Burlington and Oakville Area?

 

The cost to build a home varies depending size and level of finishes.  A GTA contractor will typically charge between $100 to $150 per square foot with hard costs that range from $70 to $115. For a custom home, prices can increase to a range from $200 to $300 per square foot. A high-end custom home with a plethora of features could cost $400 per square foot and up.

It’s not uncommon for a Toronto custom home to run in the $200 to $250 square foot range.

PRASADA Custom Homes typically builds a custom home for about $200 per square foot.

 

As You Can See Custom Home Projects Can Run Hundreds Of Dollars Per Square Foot

When you build a home from scratch, it gives you the ability to add features and options you’d like to have. You don’t have to worry about making expensive changes to a home so that it meets your needs and desires.

On top of that, a custom home ensures a contractor will give you his/her undivided attention. They’ll look to make sure there are no problems that could arise when moving into a new custom home built for you.

 

The cost to build a home is dependent upon the area you’ll be building in and the features that you incorporate. Think of a house like a car – a compact car is going to cost less than a high-end foreign sports car.

 

How The Housing Market Comes Up With A Custom Build Cost

 

The housing market uses the “price per square foot” estimate to dictate the cost of constructing a custom home. For instance, a 3,500 square foot home will cost $700,000 with a cost of $200 per square foot. The land the home is being built on isn’t added to this price. The costs do include the following:

  • Designer fees
  • Building permits
  • Architectural fees
  • Construction-related costs

 

There are two types of costs associated with the industry – soft costs and hard costs. What’s the difference between the two costs?

 

  • Hard Costs – These entail fixed costs like trade contracts that don’t change unless something is added to it. The contractor’s cost to build a home is set before the work commences. For instance, a framer charges $10,000 to do work. This is a hard cost.
  • Soft Costs – These entail indirect costs such as financing, insurance, Realestate fees, etc.

 

Every contractor should have a Hard and Soft Costs list on hand for your custom home.

 

For a complete budget and breakdown of how much it cost to build a home in Oakville, Burlington give us a call today.  905-845-4034

 

 

PRASADA Custom Homes 1155 North Service Rd W #12, Oakville, ON L6M 3E3, Canada

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Proudly Serving: Oakville & Burlington Ontario

Oakville:  Old Oakville, Central Oakville, Morrison, Ford, Clearview, Joshua Creek, Winston Park, Wedgwood Creek, Falgarwood, College Park, River Oaks, West Oak Trails, Glen Abbey, West Mount, South West Oakville, BornteWest Oakville, Sherwood Heights.

Burlington Areas Served

Burlington: Aldershot, Headon Forest, Millcroft, Orchard Park, Tansley, Tyandaga, Maple, Roseland, Palmer, Elizabeth Gardens, Shoreacres, Longmoor, Mountainside.

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