Land Development

/Land Development

How Much Does it Cost to Build a New House: Itemized Costs 2018-2019

By | December 10th, 2018|Home Construction, Land Development|

The cost to build a house includes a large number of components and variables based on site factors, design and materials. There’s a lot of information to tackle, but that’s what we’re here to do. You won’t find a more comprehensive, itemized list of costs for building a home from initial site work on a vacant lot to the finished product. This home construction cost guide covers: Land development costs and fees Foundation costs Framing costs Exterior finish costs such as siding and roofing Interior rough-ins such as plumbing and electrical Interior finish costs from drywall to flooring, cabinets and countertops Final grading and landscaping Driveway and deck In each section, you’ll find: a price range and an average cost for that phase, factors affecting cost, percentage of the whole cost that each phase represents, potential pitfalls and a timeline for each phase of development and construction. Average Home Size According to the US Census Bureau, the average size of new homes in 2018 was 2,500 square feet. That’s the size we use for the average costs below. Let’s jump into residential home construction costs from start to finish: Residential Construction Site Work Cost Average cost: $14,355 Cost range: $10,000 to $25,000 Share of total home cost: 5.6% Overview: These are fixed costs regardless of home size. This phase involves the work needed to make vacant land habitable. Engineers inspect the property to determine whether it is buildable, where the home (and well and septic field, if applicable) should go and how the site should be graded for drainage. The more complex the site and home, the higher these fees will be. Water on the property typically raises the costs significantly, as an impact study must be done. The design, engineering and studies are often done for entire developments, so the absolute costs might be higher, but cost is less on a per-home basis. Time frame: 4-10 weeks depending on the complexity of the inspections and engineering and the workload of the engineers Potential pitfalls: Finding wetlands on the property or a water table so high it prohibits building or the installation of a basement or standard drain field, delays in getting site reports completed or plans approved. Here is a breakdown of the average costs of the steps involved in permitting, planning and preparation process: Permits, fees and inspections: $3,650 Impact study cost, if required: $1,750 Architecture & site engineering fees: $4,600 City water hookup: $1,500 or Well: $4,500 City sewer hookup: $2,300 or Standard septic system: $3,700 or Engineered (mound) septic system: $13,500 […]

Land Sub-Division Costs, Plans, and Permits for Residential and Commercial Development Projects

By | April 20th, 2018|Land Development, Land Subdivision, Land Surveys|

This land subdivision guide provides an overview of the steps required to take your land subdivision for a residential or commercial development project from the drawing board to reality. A sub-division or subdivision is a parcel of land of significant size split from a larger tract. The subdivision might be divided into smaller parcels for residential or commercial development or a blend of both. The focus of this guide is commercial development projects, but the principles will apply to larger residential developments, as well. Here are the most common commercial development project types: Business Parks, Office Buildings, Retail Parks, Shopping Malls/Districts, Municipalities, Private Businesses, and Warehouse Districts. […]

Land & Site Development Cost: What to Expect When Buying & Developing Land

By | August 27th, 2017|Land Development|

How much does it cost to develop land for building, and what is involved? This guide to residential site development costs outlines the processes involved in separating a lot from a larger parcel and preparing it to build a house on. We’re talking about residential lot development costs; the process is usually more complex and costly for commercial land development. Steps to Preparing Land For Sale Before selling land for residential building, certain steps must be taken. This article is directed to land buyers, but knowing what goes into land development from the seller’s side provides insight into factors that determine how much land costs. It’s more than just “location, location, location.” […]