The preceding numbers place the cost of this construction between $85 to $200 per square foot, however the national average for most contractors is $125. This means that the overall cost of building this apartment complex would be between $850,000 and $1,750,000.
In conclusion, the cost to build an apartment complex depends on many factors such as size, location, etc. It is important to consult with several different companies to get multiple estimates so you can choose the best one.
According to a 2017 HomeAdvisor research, the average building cost per square foot is $150. Consider that the typical new home in the United States is 2,687 square feet. According to HomeAdvsior's calculations, rebuilding such home would cost around $400,000 USD. However, costs vary depending on many factors such as location and quality of materials used.
In general, the total cost of a house depends on its size, its construction method, and its location. The largest factor affecting the overall cost of a house is its size. Larger homes are typically more expensive than smaller ones of the same type (e.g., two-story houses cost more than one-story homes). Factors such as the site of the property and the quality of materials used affect the price of a house but do not change its size. For example, a house built on a good site with high-quality materials is likely to be less expensive than one built on a poor site with low-quality materials.
The average cost of a house varies by region. The most expensive way to build a house in America is in California where the average cost is $375,000. By contrast, the least expensive way to build in America is in South Dakota where the average cost is $76,000.
On average, new home building costs between $100 and $155 per square foot, with most homeowners paying between $155,000 and $416,250 in addition to the cost of their property. Costs vary greatly depending on location and all of your design and interior and exterior finish options. Generally, the more amenities you get for your money, the higher the price per square foot.
The typical house built in the United States has a cost per square foot of $100-$200 or more. The cost varies based on location - it's highest in coastal areas where land is most expensive and decreases the further from a city center you go. Also, the more rooms you have or special features like fireplaces or outdoor spaces, the higher the cost per square foot. Rooms are usually specified by dimension rather than type so you can build a room that fits your needs now but also leaves space for expansion if you need it later.
Cost per square foot is simply the cost of constructing one square foot of floor space inside the house divided by the number of square feet in the house. So, for example, if the cost is $150/ft² and the house has 1000 square feet, the cost is $15,000. If the house has 10,000 square feet, the cost is $150,000. Of course, not every house will have the same size floor plan so this figure should be taken as an average.
According to the National Association of Home Builders' 2017 Construction Cost Survey, the average cost to build a home is $154 per square foot. The average new-construction home is 2,776 square feet in size, therefore the total cost is $427,893. This includes materials and labor.
The cost of building your own house will be determined by the location you choose to build in and the kind of construction you want. If you want a traditional house with wood or brick, the cost will be higher because those are not usually part of a generic package. If you choose an energy-efficient house, that will also cost more because it requires special materials and technology which increase the price tag. A basic single-story house with fiber cement siding, for example, can be built for $60,000, but the same house with wooden siding would cost at least twice as much.
The cost of building your own house is generally less than you might think. Homes tend to be cheaper where there's less competition and more demand for homes, so areas without many other options for housing are likely to have lower building costs. Also, the type of construction you choose can affect the final price. For example, a house built with concrete instead of bricks or stone will be cheaper but won't look like much of a bargain once you factor in the cost of heating and cooling these structures during the winter and summer months.