If you build a new home: The latest figures show that buying or building new construction will set you back an average of $289,415. ... For one, new homes are usually more spacious, with a median size of 2,467 square feet—so the cost per square foot, $103, is actually lower than that of existing homes.
Reference:
Is It Cheaper to Buy or Build a House? Compare the Pros and Cons ...
Jan 5, 2017
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