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New construction costs

Posted by tomh on March 13th, 2003 09:05 PM
In reply to Remodel vs New Construction by Doug Fuller on March 13th, 2003 07:48 PM [Go to top of thread]

A good rule of thumb for new construction is $100/square foot. Your estimates are lower for rehab, probably because no one is planning on replacing the appliances, windows and roof. What are the values of homes around you in $/square foot and total price. Gary may have been right that the house may be worth more as-is in equity to sell than to rehab...or not.

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