Real Estate

Cost to build a house

  • Last Updated:
  • Feb 7th, 2018 12:01 pm
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29 replies
Deal Expert
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Jul 30, 2007
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I say around $700K (without the land and furnishings)
Deal Addict
Jul 3, 2007
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quality product is around $250 - 300 a square foot
[OP]
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Dec 20, 2009
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Mississauga
joepipe wrote: quality product is around $250 - 300 a square foot
Do you estimate this house costing 900K to build?
Deal Addict
May 9, 2017
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Bronson Charley wrote: How much do you estimate it would cost to build this house?
Without a contractor.
https://www.realtor.ca/Residential/Sing ... V7-Mineola

Is it possible to achieve this as an addition to a1,100 sf bungalow (leaving the most of the exterior walls) or is a complete tear down necessary?
In 2014 in my neighbourhood (Newtonbrook West, central North York) the cost for a new build was around $200 per sqft for a nice home (not including builders fee).
Deal Addict
Jul 3, 2007
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Bronson Charley wrote: Do you estimate this house costing 900K to build?
yes I have a few realtor friends that work with builders a lot.... quality product is about that much on average ....

ive heard its gone up quite a bit though in the last couple years due to lumber and labor costs.....was probably around $200 a sq ft few years ago.....and labor is one of the biggest
ways to save money, hard to find a good contractor for a reasonable price..... as the contractors got busier, their pricing went up too
Last edited by joepipe on Feb 6th, 2018 4:28 pm, edited 1 time in total.
Deal Addict
May 9, 2017
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joepipe wrote: quality product is around $250 - 300 a square foot
This is not unreasonable but at the high end. A builder I knew said $250 was more the average in Lawrence Park.
Deal Addict
Jul 3, 2007
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NotRobot wrote: This is not unreasonable but at the high end. A builder I knew said $250 was more the average in Lawrence Park.
sounds about right, im sure if you go the home depot or ikea route for the kitchen , bathroom, etc and stuff you could get down to 200....

but if you want the higher end stuff its easily 250 .....

a kitchen alone can be $100k - 200k in a nicer house over 3000 sq ft....
Last edited by joepipe on Feb 6th, 2018 4:32 pm, edited 1 time in total.
[OP]
Member
Dec 20, 2009
255 posts
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Mississauga
I have read that the cost is from $150 per sf and up depending on the finishes and obviously the posted house doesn't have basic finishes and it is more than $150 per SF, but what is the max per sf that you estimate for this house?
I just posted it as an example to get a better idea of the cost vs. quality because it is well described
Deal Addict
Jul 3, 2007
3383 posts
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Toronto
Bronson Charley wrote: I have read that the cost is from $150 per sf and up depending on the finishes and obviously the posted house doesn't have basic finishes and it is more than $150 per SF, but what is the max per sf that you estimate for this house?
I just posted it as an example to get a better idea of the cost vs. quality because it is well described
call a few builders in the area and find out..... probably lawn signs everywhere theres some new builds....
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May 9, 2017
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The house above was $200 per sqft plus 10% extra builders fee. It was built in 2014. Costs may be higher now as @joepipe says.
Deal Addict
Sep 12, 2006
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Bronson Charley wrote: I have read that the cost is from $150 per sf and up depending on the finishes and obviously the posted house doesn't have basic finishes and it is more than $150 per SF, but what is the max per sf that you estimate for this house?
I just posted it as an example to get a better idea of the cost vs. quality because it is well described
I'd say this house was probably in the range of 200-225$ psf. Other estimates of 700k seem in the right ballpark
[OP]
Member
Dec 20, 2009
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Mississauga
Now, the question is, is it possible to lower the cost if you do an addition to a bungalow?
Is it even possible to make this kind of a house with some kind of an addition or is a complete teardown necessary?
Member
Apr 29, 2017
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In BC on island more like $130-200, is it all that mason work on houses they do over there what costs so much?
Deal Guru
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Mar 23, 2008
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Edmonton
Bronson Charley wrote: Now, the question is, is it possible to lower the cost if you do an addition to a bungalow?
Is it even possible to make this kind of a house with some kind of an addition or is a complete teardown necessary?
You're going to be doing major modifications to the main floor anyway to support the upper floors, run your HVAC and wiring, etc, so it's questionable how much money you could save. Plus your foundation may not be able to support the extra weight, which again means big extra costs. You would probably have to get an engineer in to get any kind of accurate answer.

C
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May 12, 2004
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What’s everyone’s obsession with linear pricing when it comes to building a house? It don’t work like that...
Censorship is telling a man he can't have a steak just because a baby can't chew it.
- Mark Twain
Deal Expert
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Jul 30, 2007
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People are referring after the house is built and cost is tallied up and then divided by the house area.

I guess if you are using the sky’s the limit of cost in constructing a house, then you are right
Banned
Oct 10, 2016
758 posts
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700-900 to build no land

Man those countertops are thick. Not cheap at all
Sr. Member
Jun 19, 2017
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A friend of mine completed a 4000sqft luxury home in Toronto a year and a half ago. He acted as the general contractor, final build cost was 750k.

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