How Much Does a Townhouse Cost to Build?
A townhouse is an excellent option for anyone building their dream home.
Townhouses can be built almost anywhere because of their distinct design and layout. It can be built in smaller areas and accommodate the same number of people as a much larger home.
Townhouses come in various shapes and sizes, each with its own set of costs.
Types of Townhouse
There are three types of townhouses, each unique style, size, and layout.
These are the most common and easily identified. They are typically two stories with a basement and a garage.
These are less common. They are made up of townhouses stacked on top of each other. The building is four stories tall.
These are similar to traditional townhouses but have a more modern style and layout. They are typically larger and have a more open floor plan. These are usually the most expensive.
The Cost of Building a Townhouse
Price per Square Foot
The average cost per square foot for building a townhouse is around $111. Building a townhouse in an urban area is closer to $125 per square foot.
A Single Townhouse
A one-unit townhouse will typically cost between $166,500 and $187,500, based on the price per square foot. This price assumes square footage of approximately 1,500 sq. ft.
This price includes the unit, the finished interior and exterior, and an attached single-car garage.
Pre-Construction Costs of Building a Townhouse
Off-Site Living Expenses
Construction of a new home might take anywhere from seven to twenty-four months. The overall timeline is determined by the availability of materials and builders in your area and the site’s accessibility.
The plot of Land Costs
The first expense you’ll encounter is purchasing the land you’ll build. Costs vary depending on soil quality and the view from your new front porch.
Water and Sewage Inspection
Examine the property for water and sewage to check that the house has adequate water supply and waste drainage. This examination usually costs around $4,500. However, it could be less if there are already existing lines.
Demolition and Deconstruction
Include demolition costs in your budget. Deconstruction can cost $24,000 or more to save and sell features of the original building. This can cost anything between $6,000 and $20,000.
Set aside money to hire an architect or a draftsperson to create your ideal floor layout. Residential architect costs might range from 8% to 12% of the total construction cost.
Construction Management Fees
Hire an experienced project manager to assist with labor coordination, material deliveries, quality control, and documentation completion. Their cost can range from 5% to 15% of the entire project cost.
House Exterior Material Costs
Excavation costs can range from about $1,400 to $3,200.
A average slab foundation will cost between $4,500 and $13,500. A basement foundation costs between $18,000 and $80,000.
The average cost of high-quantity lumber framing for a residence is $33,000. Metal stud framing systems cost around $20,000 to install.
Siding costs an average of $12 per square foot.
A paved driveway will set you back around $4,500, while a gravel driveway will set you around $1,500.
Expect to spend $2,000 to install sod grass and other plants.
Home Interior Material Costs
HVAC installation costs range from $7,000 to $12,500. The cost depends on your location, the size of your new home, and the type of HVAC system you select.
The price of plumbing a house is determined by the type of plumbing material used. The most expensive pipes are copper pipes, which cost around $9,000 for a standard 1,500-square-foot home.
The average cost of installing electrical wiring in a new home is $8,000, or $4 per square foot.
For supplies and labor, insulating a new home costs around $4,000.
installation costs roughly $2.25 per square foot or $25,000 for a whole house.
For the inside door, the average cost is roughly $250. Depending on the size and style, exterior doors can cost anywhere from $400 to $3,500.
Cabinets and Countertops
The average cost of builder-grade cabinetry is $6,550. Countertops typically cost $2,450.
Trimming a house costs about $1,500.
Flooring typically costs between $1,500 and $4,500 per square foot, or $6 to $10.
Professional painting your home costs around $5 per square foot. depending on local labor
Keep around $5,000 of your budget for plumbing features like sinks, toilets, showers, and tubs when shopping for fittings. A brand-new bathroom, for example, costs around $10,000.
A 2,000-square-foot home will cost around $3,500 to light.
Appliance installation is one of the last tasks on your to-do list. New kitchen appliances cost $3,750 to install. A typical washer and dryer combination costs $1,400.
A 2,000-square-foot home might cost anything from $20,000 to $80,000 to furnish.