2.5 : Residential Construction and Housing Market
| 2.5.8 |
2009 Sales Price
and Construction Cost Breakdown of an Average New Single-Family Home ($2010)
(1) |
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| Function |
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Cost |
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| Finished Lot |
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77,320 |
20% |
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| Construction
Cost |
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224,630 |
59% |
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| Financing |
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6,436 |
2% |
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| Overhead &
General Expenses |
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20,571 |
5% |
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| Marketing |
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5,347 |
1% |
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| Sales
Commission |
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12,937 |
3% |
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| Profit |
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33,979 |
9% |
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| Total |
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381,221 |
100% |
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| Function |
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Cost |
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| Building Permit
Fees |
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4,305 |
2% |
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| Impact Fees |
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3,195 |
1% |
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| Water and Sewer
Inspection |
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3,797 |
2% |
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| Excavation,
Foundation, & Backfill |
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16,029 |
7% |
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| Steel |
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1,653 |
1% |
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| Framing and
Trusses |
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35,136 |
16% |
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| Sheathing |
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3,906 |
2% |
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| Windows |
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6,295 |
3% |
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| Exterior Doors |
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1,948 |
1% |
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| Interior Doors
& Hardware |
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3,388 |
2% |
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| Stairs |
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1,692 |
1% |
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| Roof Shingles |
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8,553 |
4% |
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| Siding |
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12,980 |
6% |
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| Gutters &
Downspouts |
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958 |
0% |
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| Plumbing |
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11,865 |
5% |
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| Electrical
Wiring |
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8,388 |
4% |
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| Lighting
Fixtures |
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2,395 |
1% |
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| HVAC |
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8,944 |
4% |
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| Insulation |
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3,364 |
2% |
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| Drywall |
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11,440 |
5% |
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| Painting |
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7,711 |
3% |
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| Cabinets,
Countertops |
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12,563 |
6% |
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| Appliances |
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3,617 |
2% |
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| Tiles &
Carpet |
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11,545 |
5% |
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| Trim Material |
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7,464 |
3% |
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| Landscaping
& Sodding |
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7,156 |
3% |
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| Wood Deck/Patio |
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1,967 |
1% |
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| Asphalt
Driveway |
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3,112 |
1% |
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| Other |
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19,267 |
9% |
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| Total |
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224,632 |
100% |
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| Note(s): |
1)
Based on a NAHB Survey of 54 home builders asked about the average home built
by their firm. Average finished area of the home was 2,716 SF and average lot
size was 21,879 SF. |
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Related Tables:
Sources:
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