Building a house in Manchester, New Hampshire costs $120 to $260 per sq. foot. This is depending on what grade of construction you choose. It does not include the cost of land or site work. Get a better idea of the cost of your home-building project by visiting this link
You might be curious about the cost of building a house if you have done your research and found all the options within your zip code. The average cost of building a house in the United States is $280,591, with an average range between $111,924 to $450,911. Continue reading to learn about the cost factors that will affect your project’s total cost.
Cost Of Home Building Is Determined By The Quality Of Construction Chosen:
- Cost of a home building (standard grade construction), $120 to $160 per sq. foot
- Cost of a home building (premium-grade construction): $160 to 210.
- Cost of a home building (luxury-grade construction): $210-260 per square foot
- For a more precise cost estimate for your home-building project,
Building Costs per Square Foot for Single Family Homes in New Hampshire, USA
Best Single Family Homes of Standard Standard
The average cost of building a private home in New Hampshire is $157.06 per square foot. The bar chart below shows that larger homes have lower building costs per square foot due to their large gross floor areas. Smaller homes have higher building costs per square footage.
Luxurious Single Family Homes
Luxury private homes in New Hampshire cost between $341.44 and $523.41 per square foot, with an average of $402.95 per square feet. The bar chart below shows that larger homes have lower building costs per square foot due to their large gross floor areas. Smaller homes have higher building costs per square footage.
Benefits of building vs. buying a house here in NH
New Hampshire has low unemployment and a low personal income tax. This makes it a great place to live. No matter what your lifestyle or hobbies are, you will find the perfect place to call home in NH.
The Average Cost for a Custom-Built Home
Custom home builders are more likely to have specialized finishes and high-end appliances than existing homes. The final cost of a custom home can run from $250,000 to well above $1.5 million. More than a third (33.1%) of custom home buyers will pay between $250,000 to $499,000. Homes priced between $500,000 to $749,000. will attract the second highest percentage of buyers (20.6%).
The Average Cost per Square Foot
The 2022 Professional Builder House/Buyer Survey found that three-quarters of architects and builders report an increase in their costs over the last three years, with more than 36% reporting increases of at a minimum of 10%. The average property has seen an increase in its cost per square footage due to high-end finishes, appliances, and new building codes and energy codes. 37.1% of current buyers pay less than $150 per sq. foot. 35.5% of buyers are paying between $150/SF and $199/SF.
Commercial Construction Cost per Square Foot
The cost per square foot for a commercial project may vary from one project to the next. This is particularly true when you compare costs for commercial projects in different parts of the country and the types of commercial buildings.
Let’s look at the average cost per square foot for commercial construction.
Different types of commercial construction
- Office buildings
- malls, schools
- Sports stadiums
- Entertainment venues
- Parking structures
Factors that impact commercial construction costs
- Types of buildings
Cost per square foot for commercial buildings: Broken down by type
Commercial office space
The average square foot cost will be $313
Mid-rise office buildings will average $562 per square feet
High-rise buildings average $660 per square feet
Warehouses and manufacturing plants
A regional distribution center will average $214 per square feet
A light industrial warehouse will run on average $238 per square feet
Average cost of tech laboratory facilities is $635 per square feet
Schools and universities
Building secondary schools will average $327 per square feet
The average cost of elementary school is $295 and $325 per square feet
High school costs an average of $359 per square feet
Parking structures are more expensive than other types of commercial buildings. On average, they cost $143 per square feet to build. A multi-level above-ground structure is $71.
There are many factors that influence the cost of home construction in New Hampshire, USA.
Prices may be lower if you:
- You would like to build a single-story house.
- The roof can be either a simple hip or gable.
- Local building ordinances may be less restrictive.
- The builder wants to construct multiple houses in one neighborhood.
- Pre-designed plans can be used and only minor changes are required.
- The property is located in a city with a lower cost of living.
- You choose standard building materials.
Prices may rise if you:
- This house has multiple stories.
- Complex roof with many valleys and ridges.
- The house was custom-designed.
- Local building regulations are stricter.
- It is not easy to build on this lot (i.e. it is steep or in an odd shape).
- This property is located in a highly-priced area.