How Much Does It Cost to Build a House in NYC

The cost to build a 2 story 2 family home that has 2 kitchen 3 bathrooms, wood flooring and vinyl siding will run in the range of $350-500 a foot.

For example a home that is 2,500 sqft would be the following number



2,500 sqft home on the low end will be $875,000

2,500 sqft home on the High end will be $1,250,000

What goes into the Cost of Building a Home

There are many factors that goes into building a 2,500 sqft home, but the important cost is mainly divided into the foundation and framing costs for the home. The foundation and framing cost will be around 20% of the cost. While 15% of the cost will go towards plumbing such as new water supply lines and drains and new drain pipe that lead to the sewar. The remianing cost is divinded into finishes such as vinyl siding, floor, sheetrock, paint, cabinets ,tile. etc.

When doing a new home build is important to work with either a design and build contractor or a architect that has knwoledge many new build in nyc and the 5 boros are costly than the national average and take about 1 year to be fully complete.

Breakdown

While you maybe guessing at the number,  a breakdown of the cost showcases where certin items take up the budget

Total Cost for Low End $875,00

Foundation and Framing Cost = 20% =175,000

Plumbing and Electrical and Heating  = 15% =131,250

Insulation and Sheetrock =10% =87,500

Flooring and molding and doors  = 10% =87,500

2 Kitchens & 3 Bathrooms = 25% = 175,000

Exterior (Roof/Siding/Landscaping,Fence/etc) =15% =131,250

Doors / Windows/ Interiors =5% = 43,750

Want a Custom Home Built Call the Purewal Team @ 718-441-5258