Construction Costs per Square Foot in Tennessee, USA

Because of its low cost of living and low tax burden, Tennessee is considered the third best state to retirees. Tennessee is also known as “The Volunteer State” because of its rich cultural history, excellent schools, and numerous job opportunities. This makes it attractive to millennials who are starting families. It’s not surprising that Tennessee is attracting more people with its booming economy, beautiful views, and long-running festivals.

Cost Of Home Building Is Determined By The Quality Of Construction Chosen:

  • Cost of a home building (standard grade construction), $90 to $120 per sq. foot.
  • Cost of a home building (premium quality construction): $120 to $156 per square foot
  • Cost of a home building (luxury-grade construction): $160 to $220 per square foot
  • Get a better estimate for your home-building project

Cost Of Building A House In Nashville

According to the type of construction, the cost to build a house or apartment in Nashville, Tennessee is between $90 and $200 per square foot

Average House Building Cost

A house costs $248,000 on average. This is $100 to $155 per square feet depending on where you live, how large the home is, and whether modern or custom designs were used. A new home of 2,000 sq. feet will cost you between $201,000 and $310,000.

Square Footage Is The Key To Building A House

What is the most important cost factor? You’ve guessed it: The size of your dream house. The bigger your build is, the higher the labor and materials costs. A new house costs about $150 per square footage. The average American home is approximately 2,200 sq. feet.

Craftsman Bungalow: $130.97 – $163.71 per square foot

The average Tennessee home is 1,848 sq. feet. This means that construction costs can range from $242,032 up to $302,540.

Total Home Construction Cost Range: $130.97 – $523.88 per square foot

For a simple craftsman-style home, the cost per square foot to build a Tennessee house would be $ 130.97. High-end luxury homes will run $523.88.

Luxury Homes: Prices range from $360.17 to $523.88 per Square Foot

Spanish-Mediterranean architecture and colonial revival architectural styles comprise a bulk of luxury homes in Tennessee. A luxury home in Tennessee will cost between $665,589.54 and $968,130. This is due to heavy ornamentation combined with high-end finishes and fittings.

Best Single Family Homes of Standard Standard

Building costs per square foot in Tennessee vary from $132.79 to $201.69 per square feet, with an average of $155.47 per cubic foot.

Luxurious Single Family Homes

Building costs per square foot in Tennessee vary from $337.99 to $518.13 per square feet, with an average of $399.88 per cubic foot.

Most houses are designed to be sold. It is not a smart decision to be extravagant. The cost of building a house will be affected by the decisions made before or during construction.

Construction of a New Home Costs

Tennessee Land Prices

Tennessee’s average land price is $14,400. Prices per acre in rural areas could be as low as $3800.00

Construction Costs

The average labor cost for building a home is 39% of its total cost. This works out to $34 per square feet. An average 2,776-square-foot home will cost $68,000 in labor costs. For a home of average 2,776 square feet, the labor cost to materials ratio is approximately $1.28. This includes baseline costs and more with custom work or more expensive materials.

Building Permit Costs

Although building permits in Tennessee are usually inexpensive, it comes down to the cost of construction. Permits for a home of 2,000 square meters in Seattle cost between $500 and $1,000. Rural areas may be more expensive.

Building Permit approximately: $500-1,000

Materials Cost

A house costs between 41.5% to 51% depending on its material cost. A 2,776-square-foot two-story home would cost around $140,000. This would include framing, foundation and roofing.

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