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U.S. residential building construction costs by select city 2018

Average construction costs of residential buildings in the United States in 2018, by select city (in U.S. dollar per square foot)

by T. Wang, last edited Jun 24, 2019
U.S. residential building construction costs by select city 2018 In 2018, the average construction cost for a single-family home in Honolulu, Hawaii was 515 U.S. dollars per square foot.
United States residential construction

In 2017, residential construction for the housing industry in the United States was at its peak. More prospective homeowners are considering building a new home, rather than buying one, as a result of the limited availability of already constructed homes, and their high prices. There are several benefits to building a home from scratch, which include not having to worry about immediate repairs, and the ability to make it energy efficient if desired. Some disadvantages include not being able to move in right away, and not being able to negotiate the costs. There are a variety of costs involved in the construction of a new residential building. Interior finishes were one of the most expensive construction cost involved in building single family houses in the United States. The average construction costs for single-family homes in the U.S. has been fluctuating since 1998, but has recently decreased from 2015 to 2017. However, the sale price of a new single-family home has been increasing since 2011.
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Average construction costs of residential buildings in the United States in 2018, by select city (in U.S. dollar per square foot)

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by T. Wang, last edited Jun 24, 2019
In 2018, the average construction cost for a single-family home in Honolulu, Hawaii was 515 U.S. dollars per square foot.
United States residential construction

In 2017, residential construction for the housing industry in the United States was at its peak. More prospective homeowners are considering building a new home, rather than buying one, as a result of the limited availability of already constructed homes, and their high prices. There are several benefits to building a home from scratch, which include not having to worry about immediate repairs, and the ability to make it energy efficient if desired. Some disadvantages include not being able to move in right away, and not being able to negotiate the costs. There are a variety of costs involved in the construction of a new residential building. Interior finishes were one of the most expensive construction cost involved in building single family houses in the United States. The average construction costs for single-family homes in the U.S. has been fluctuating since 1998, but has recently decreased from 2015 to 2017. However, the sale price of a new single-family home has been increasing since 2011.
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