The first thing most people think about when building a new home is the cost. You may have seen a cost per square foot calculator of some sort on a few house plan broker sites and home designer websites showing you the averages of building a particular home in the south, north, east, and west coast. Unfortunately, the cost per square foot method (CPSFM) tends to mislead unaware homebuyers. When calculating square foot cost of say a 2,000 square foot home, you are able to compare the numbers on home builders who use this method to quote you a price to build. As you will find, the estimates can be very different. Here are several reasons why the CPSFM is ineffective: (1) Home styles ? A country house plan with wood siding and a traditional house plan with brick at the same square alliance one collection agency footage would not cost the same to build. (2) Home type ? One story house plans and two story house plans of the same square footage would not cost the same to build. (3) Specifications ? This is the true tale of why the CPSFM is unreliable. Take a 2,400 square foot house plan for example. Two different home owners, one who wants an all brick home with stainless steel appliances and plumbing fixtures, hardwood and marble floors, custom cabinets, and granite counter tops. The other homeowner would prefer only a brick front and siding on the sides and rear, the economy line appliances, chrome plumbing fixtures, carpet flooring, stock cabinets, and laminate counter tops. The difference in price would be several thousands of dollars. As a rule, you should not rely on the CPSFM.
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