The Home Builders Association of Greenville are your neighbors and community leaders providing education and support for building industry professionals. We create jobs, encourage homeownership, and promote responsible growth throughout the upstate of South Carolina.
Tuesday, April 19, 2016
The Cost of Constructing a House
The National Association of Home Builders' most recent construction cost survey (conducted in August of 2015) shows that, on average, 61.8% of the sales price goes to construction costs and 18.2% to the finished lot costs. On average builder profit (including owners' salary and return on capital) accounts for 9.0% of the sales prices. Take a look at the table below and read the full report here.
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