The Most Frequently Asked Question
What is the Price Per Square Foot to Rebuild?
Answer
Contrary to the rumors you hear and numbers thrown out on social media, there is no āone size fits allā answer to this question.
Things to Consider
A custom home will cost more than a home built with a standard plan.
The more customization, the higher the cost. The cost of a custom home can be extremely high on a cost per spare foot basis, especially if finishes are imported or highly specialized. You can build a really nice home without full customization.
Smaller homes tend to have a higher price per square foot number, but cost less in gross cost.
This is because a lot of the essential costs of building a home apply regardless of the size of the house. There will be a foundation, kitchen and bath in every house. If these costs are spread across a larger home, it will bring down the cost per square foot. However, the overall gross cost for a larger home will still be higher.
For example, a 1500 square foot house may cost $325 a square foot for a total cost of $487,500 , whereas a 2000 square foot may cost $300 a square foot for a total cost of $600,000.
Building on a flat lot is significantly cheaper than building on a hillside.
The price per square foot charged by contractor may not reflect the quality of the plan, build, or finishes.
A lot of people think that just because they paid more for something, means it is better. Cost doesnāt always equal quality.
We anticipate that the cost for building one of our plans will start in the range of $300 per foot, depending on the size and location of the home.
This will also depend on the specifics of an individualās lot. We plan to offer semi-custom options that may cause that number to increase.
Rebuild Resources by Synergy Group
We Are Here to Help
Rebuilding can feel overwhelming, but you donāt have to navigate it alone. Through our LA Fire Rebuild Program, we streamline the process, working with you, your insurance, and your bank to make rebuilding efficient and cost-effective. We offer Free Consultations (with no strings attached) to speak with you regarding your current situation and prospects to rebuild.