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Old 01-11-2022, 12:31 PM   #1
kingranch
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Default $ price per sq ft on custom homes?

Here we are 2022... lots of people I know put off building their custom homes bc they wanted to wait for prices to drop...
What have you personally seen in your area?
Austin is still higher than norm... I'm seeing 300 and up for mid to high end per sf

Pools are 150k and up
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Old 01-11-2022, 01:44 PM   #2
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We're in talks with Tony Miller Construction in N. Texas and they're telling us an avg. of 140'ish for everything under roof.
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Old 01-11-2022, 01:44 PM   #3
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It will be a while before any prices come down in Austin area. I am not sure if a market crash will even bring them down much with the pace of growth. I am sending concrete and water and sewer numbers out with quotes only good for 7 days. That is/was partly due to pipe pricing fluctuating by the hour middle of last year. The other reason was people were dragging their feet on making a decision. They would finally make the decision at which point it was they were ready to go immediately and frustrated I was 3 to 4 weeks out.

I just don't see how it slows down anytime soon.
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Old 01-11-2022, 01:47 PM   #4
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It’s crazy out there right now. We are in the process of building for right around $160/ft heated and cooled. Something to note: our windows have an 18 week leas time; appliances are 3-4 months out; brick has been hard to find if you are looking for a specific color. It’s nuts
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Old 01-11-2022, 02:06 PM   #5
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Imo it is almost impossible to put an accurate dollar figure per square foot due to so many different variables that exist. We have had two built in the last 12 years (one in the suburbs of Houston and one rural retirement home).
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Old 01-11-2022, 02:18 PM   #6
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i was quoted $210/ft heated/cooled yesterday from a well known builder in this area, on 4 of the spec homes he will be finishing up in the next few weeks.

i have talked to another guy thats good friends with a good friend of mine, who builds homes and he told me last week that hes seeing $195-210/ft on new builds, but that i could probably build one in the $160-170 range if i subbed everything out myself, and that he would help me do it for a fee.

crazy
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Old 01-11-2022, 02:20 PM   #7
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I can tell you that "spec" homes, in Fulshear are going for $200/sq ft.
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Old 01-11-2022, 02:36 PM   #8
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I'm a custom home and pool builder north of Denton. We are around $160 per living area (heated and cooled) and starting at upper 40's on pools.
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Old 01-11-2022, 02:43 PM   #9
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It’s crazy what is going on with prices of everything. Thank Brandon
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Old 01-11-2022, 02:46 PM   #10
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Quote:
Originally Posted by meangreen View Post
I'm a custom home and pool builder north of Denton. We are around $160 per living area (heated and cooled) and starting at upper 40's on pools.
i have a buddy out around emory and thats closer to wat he has been seeing around him, maybe a bit cheaper actually. but up here around rockwall its out of control.
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Old 01-11-2022, 02:50 PM   #11
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Wife was quoting one recently that was around $280/ft in Houston. It's hard to give a good average though with all the bells and whistles people add.
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Old 01-11-2022, 03:20 PM   #12
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Quote:
Originally Posted by jshouse View Post
i was quoted $210/ft heated/cooled yesterday from a well known builder in this area, on 4 of the spec homes he will be finishing up in the next few weeks.

i have talked to another guy thats good friends with a good friend of mine, who builds homes and he told me last week that hes seeing $195-210/ft on new builds, but that i could probably build one in the $160-170 range if i subbed everything out myself, and that he would help me do it for a fee.

crazy
In Rockwall County? I would be amazed!

ac
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Old 01-11-2022, 04:43 PM   #13
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Originally Posted by chongo View Post
We're in talks with Tony Miller Construction in N. Texas and they're telling us an avg. of 140'ish for everything under roof.
I had him price mine 2 yrs ago and liked him. We ended up going with another builder because all his houses looked a like.

His price was mid range compared to others we priced

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Old 01-11-2022, 04:45 PM   #14
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Originally Posted by meangreen View Post
I'm a custom home and pool builder north of Denton. We are around $160 per living area (heated and cooled) and starting at upper 40's on pools.
Company name?

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Old 01-11-2022, 04:48 PM   #15
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I'm a custom home and pool builder north of Denton. We are around $160 per living area (heated and cooled) and starting at upper 40's on pools.
Man, I just had someone bid me a price on an in-ground hot tub at a lake house for $45K. I told him I didn't want an entire pool--just the hot tub. He didn't laugh.
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Old 01-11-2022, 05:19 PM   #16
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I spoke to my architect today, to go over our layout. We are building new, in Harper. I'm looking at $140-$160sqft right now. My wife is not done yet with kitchen add ons. My neighbor, is my builder. 2000sqft. Looking to break ground in March some time.
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Old 01-11-2022, 06:31 PM   #17
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I'm a builder here on Lake Fork and this one always makes me laugh.

It would be like, How much is a new car? Well, do you want a Chevy Spark or a Lamborghini? Except there are about a thousand more variables.
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Old 01-11-2022, 07:00 PM   #18
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Originally Posted by jshouse View Post
i have a buddy out around emory and thats closer to wat he has been seeing around him, maybe a bit cheaper actually. but up here around rockwall its out of control.
Yea, we're in the process right now and getting a buddy deal plus he's letting me use some folks i know to do some work.
We're looking around 190-200sqft. It's stupid. Make you not wanna build a house for sure. All in all, twice what it was 6 years ago.
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Old 01-11-2022, 07:09 PM   #19
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Originally Posted by jshouse View Post
i have a buddy out around emory and thats closer to wat he has been seeing around him, maybe a bit cheaper actually. but up here around rockwall its out of control.
Spoke with the builder and he said if he builds a high end home his cost are $200 a square foot. If he subbed it out it would be 230

But they are selling for $300-$400 a square foot new high end
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Old 01-11-2022, 07:14 PM   #20
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We should break ground in a week or two. We are right at 180$
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Old 01-11-2022, 07:21 PM   #21
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I guarantee the price you get to day will be a lot more by the time you finish so be prepared for the price increase by the time it’s finished.
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Old 01-11-2022, 07:51 PM   #22
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Not going to lie these prices are depressing. Even older home prices are ridiculous. Growing up I never thought I’d have to spend 220-250k for my first house or live in a shack it seems
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Old 01-11-2022, 08:06 PM   #23
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Originally Posted by Adgerc15 View Post
In Rockwall County? I would be amazed!

ac
Well, Caddo Mills, so Hunt County, or The 903. Us 903'ers know how to cut them corners

We want out of Rockwall lol

Last edited by jshouse; 01-11-2022 at 08:08 PM.
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Old 01-11-2022, 08:07 PM   #24
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Originally Posted by D u s t y View Post
Not going to lie these prices are depressing. Even older home prices are ridiculous. Growing up I never thought Iíd have to spend 220-250k for my first house or live in a shack it seems
100%...we are trying to get out of the city and can't find anything reasonable in any of the smaller towns we want to move to. It's ridiculous.
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Old 01-11-2022, 08:22 PM   #25
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Define custom home. For above average everything both inside and out in a true custom home Iím seeing $300 plus in Fort Bend county. This is house only not land.


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Old 01-11-2022, 09:05 PM   #26
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Dang this is nuts! Built a 3600sqft custom home in 2006 for around 120.00
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Old 01-11-2022, 11:24 PM   #27
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Originally Posted by Hoss163 View Post
I guarantee the price you get to day will be a lot more by the time you finish so be prepared for the price increase by the time itís finished.
Very true statement here
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Old 01-12-2022, 12:06 AM   #28
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Yep depressing. We are planning on building our forever home starting this Summer. I was really hoping prices would calm down by then. We were quoted $160 per sq ft heated cooled, around $100 per sq ft for the entire slab.

My only hope is that selling our current home will make the new construction cost come out in a wash. We could have built the same home for $150K less three years ago, but we also would have sold our current house for at least $150K less.


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Old 01-12-2022, 02:01 AM   #29
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Originally Posted by meangreen View Post
I'm a custom home and pool builder north of Denton. We are around $160 per living area (heated and cooled) and starting at upper 40's on pools.
I may be getting in touch with you in several months . Do you happen to do barndo's?
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Old 01-12-2022, 04:51 AM   #30
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Originally Posted by rtp View Post
Define custom home. For above average everything both inside and out in a true custom home Iím seeing $300 plus in Fort Bend county. This is house only not land.


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So true. In-laws bought a house in Old Sugar Land in 1967 for 15k with a lot of .75 acres. Last November was offers 750k cash for the house and lot.

We also have some friends that just sold 450 acres in fort bend for $4.50 a square foot. These prices are going crazy.
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Old 01-12-2022, 06:22 AM   #31
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All curtesy of Joeflation.


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Old 01-12-2022, 06:53 AM   #32
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Originally Posted by kingranch View Post
Here we are 2022... lots of people I know put off building their custom homes bc they wanted to wait for prices to drop...
What have you personally seen in your area?
Austin is still higher than norm... I'm seeing 300 and up for mid to high end per sf

Pools are 150k and up
What builder is still providing $300/ft? Please PM if youíd like. I mainly focus on resales, but Iíve seen $400/ft min. plus lot premiums for a new build in Austin.
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Old 01-12-2022, 06:55 AM   #33
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Definitely crazy prices. Some of us older remember when statements were made “that vehicle is more than I paid for my first house.” We bought our first house in 83’ for 70k and now it has arrived for our generation. Unbelievable.
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Old 01-12-2022, 07:08 AM   #34
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Originally Posted by rut-ro View Post
So true. In-laws bought a house in Old Sugar Land in 1967 for 15k with a lot of .75 acres. Last November was offers 750k cash for the house and lot.

We also have some friends that just sold 450 acres in fort bend for $4.50 a square foot. These prices are going crazy.
88 million for 450 acres? Thatís hard to believe
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Old 01-12-2022, 07:12 AM   #35
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The sad part is. If anyone who builds waits for prices to come down...the clock ticks and we get older and nothing gets built. You cannot buy that time back that you have spent waiting no matter how much money you have.
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Old 01-12-2022, 07:48 AM   #36
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The sad part is. If anyone who builds waits for prices to come down...the clock ticks and we get older and nothing gets built. You cannot buy that time back that you have spent waiting no matter how much money you have.
yep. my cousin and i were talking about this the other day and he said it boils down to "do what makes you happy" because trying to time the market is impossible and could take years.
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Old 01-12-2022, 08:16 AM   #37
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Around $200-$250/sqft depending on the lot price, size, and finishes inside.
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Old 01-12-2022, 08:20 AM   #38
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Around $200-$250/sqft depending on the lot price, size, and finishes inside.
Certainly there is a bigger swing than $50 a foot if you are including a variable such a lot price? I believe the inquiry is simply about building costs per foot'. Nowhere in the Austin are will you find anything that could be even mistaken for a custom build for 200-250. Is this in Tom Green, Co?
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Old 01-12-2022, 08:23 AM   #39
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Neighbor down the street in Prosper just listed at $317/sf on an undersized corner lot with a pool. I have another 1400sf on them and lot is at least 2x larger. Iíve never wanted to sell my home so badly. Some of you custom builders still talking about 140-160/sf have me very intrigued. We took an increase this month in preparation for rising lumber and expect another in February.
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Old 01-12-2022, 08:31 AM   #40
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The sad part is. If anyone who builds waits for prices to come down...the clock ticks and we get older and nothing gets built. You cannot buy that time back that you have spent waiting no matter how much money you have.
another excellent point

whats your time worth to you to save thousands if you wont be around to enjoy it lol
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Old 01-12-2022, 08:34 AM   #41
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Neighbor down the street in Prosper just listed at $317/sf on an undersized corner lot with a pool. I have another 1400sf on them and lot is at least 2x larger. Iíve never wanted to sell my home so badly. Some of you custom builders still talking about 140-160/sf have me very intrigued. We took an increase this month in preparation for rising lumber and expect another in February.
thats bc I am fairly certain these "custom builders" are still throwing in spec style cabinets and cheapie interior add-ons.

When I say custom I mean all the stuff you think of when a dream home is built including the large hand made cabinets and luxury tub etc etc. I have a laundry list of stuff I did on my custom home and to do it todays price would cost roughly just over a million just for the build/no lot
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Old 01-12-2022, 08:38 AM   #42
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I may be getting in touch with you in several months . Do you happen to do barndo's?
We don't do barndo's. Have a hard time finding a metal building contractor that is very dependable and metal prices have been just as volatile if not more than lumber.
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Old 01-12-2022, 08:40 AM   #43
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Neighbor down the street in Prosper just listed at $317/sf on an undersized corner lot with a pool. I have another 1400sf on them and lot is at least 2x larger. I’ve never wanted to sell my home so badly. Some of you custom builders still talking about 140-160/sf have me very intrigued. We took an increase this month in preparation for rising lumber and expect another in February.
There are no custom builders in the price range cited for what most consider "custom". If custom only means the builder is willing to build off of your plans, well perhaps this price point is realistic. Custom houses in my world have level 4 or 5 sheetrock finish, custom cabinets and finish throughout. Orange peel or knock down trowel work is not custom other than stating it is custom because that it what plans called for.
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Old 01-12-2022, 08:41 AM   #44
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The sad part is. If anyone who builds waits for prices to come down...the clock ticks and we get older and nothing gets built. You cannot buy that time back that you have spent waiting no matter how much money you have.
This is our issue with a pool. We pushed it from 2020 to 2021 and the price went up about 30%. Told the wife no way. But my daughter is only here two more years, son just learned to swim, and I don't see prices going down any time soon if ever.
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Old 01-12-2022, 09:16 AM   #45
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My friend that is a builder suggested I wait, but I view time and money differently. I'm hoping my home's selling price will equal out the high build cost. He told me two custom homes he built/sold for $650k three years ago, were just sold by the owners for $950k!!
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Old 01-12-2022, 09:51 AM   #46
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There are no custom builders in the price range cited for what most consider "custom". If custom only means the builder is willing to build off of your plans, well perhaps this price point is realistic. Custom houses in my world have level 4 or 5 sheetrock finish, custom cabinets and finish throughout. Orange peel or knock down trowel work is not custom other than stating it is custom because that it what plans called for.

Right. Thereís a big difference between a build on your lot builder providing production level finishes and what others think of when they hear ďcustomĒ. But that doesnít necessarily mean the boyl guy isnít custom too, just too broad of a term I guess. But if I canít hit those numbers as a production builder I donít know how any variation of a ďcustomĒ builder can. (Except we have to include lot costs which continue to rise)
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Old 01-12-2022, 09:51 AM   #47
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Certainly there is a bigger swing than $50 a foot if you are including a variable such a lot price? I believe the inquiry is simply about building costs per foot'. Nowhere in the Austin are will you find anything that could be even mistaken for a custom build for 200-250. Is this in Tom Green, Co?
There could definitely be a larger range than $50/sqft but that is a good avg figure range. Yes Tom Green definitely not Austin. Lots are probably in the neighborhood of a few thousand to around $15,000.
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Old 01-12-2022, 11:31 AM   #48
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We're in talks with Tony Miller Construction in N. Texas and they're telling us an avg. of 140'ish for everything under roof.
I just looked them up myself which they emailed a packet stating:

Our under-roof prices for a traditional home with a garage are approximately $140-150 per square foot under roof for a house with a slab foundation and shingled roof.

For example: 3000 sf ft living +1000 sq ft garage = 500 sq ft porches = 4500 sq ft
4500 sq ft times $150 = $675,000

Make sure and compare their cost method vs others that use cost per heated sf.
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Old 01-12-2022, 11:58 AM   #49
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There are no custom builders in the price range cited for what most consider "custom". If custom only means the builder is willing to build off of your plans, well perhaps this price point is realistic. Custom houses in my world have level 4 or 5 sheetrock finish, custom cabinets and finish throughout. Orange peel or knock down trowel work is not custom other than stating it is custom because that it what plans called for.
This^^^

Most builders that sell "custom homes" are really selling semi-custom.

A true custom home means that the home is a one of kind personalized plan with every last little detail/selection coordinated and approved with the owner.

If the builder has a package of finishes to select from, or you started with a plan from their book, that's not a true custom home. That's not a knock on the end product, its just explaining the difference between the two.

Building a true custom home requires a lot of time and effort from the homeowner as well as the builder due to so much information needing to be agreed upon by both parties.

Take cabinets for instance. These questions have to be answered for each location that cabinetry occurs because you don't have to have the same style cabinets in each location when building custom. Do you want inset style cabinets? Full overlay? If full overlay, what reveal do you want, 1/2", 1/4", 1/8"? What cabinet door style for each location? Paint Grade or Stain Grade? If stain grade, what wood species? Which direction do you prefer the grain to run? Do you want the interiors finished to match the exteriors or do you want a clear UV coating. Concealed hinges or Decorative exposed hinges? Soft Close Doors? Soft close drawers? Do you need built in knife blocks, or spice racks? Do you need any drawers with charging ports for electronics or outlets for your wife hair dryer and straightener/curling iron? Do you need a trash pull out? Cabinet door panels for panel ready appliances? Tray or pan dividers?

Heck, the initial cabinet meeting itself it usually a few hour process and that's just one line item on your budget.
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Old 01-12-2022, 01:17 PM   #50
rferg84
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Join Date: Mar 2010
Location: Sweetwater TX
Hunt In: Nolan and Fisher Counties
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We are currently building on our land, so I'm not factoring in lot costs or utilities because we paid for those before we started.

We will be right at $180/ft for 3900ish sq ft.

We used a designer and did the plans with our builder so I guess it's custom right?

We aren't super high end people but it'll be nice.

Poured our slab on 12/8 started framing 12/10 and we are about ready to felt the roof by this weekend. Those framers drink more beer and work harder than any crew I've ever seen.
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