Breaking Down Home Construction Costs with 303 Construction
One of the biggest questions homeowners have when building a new house is: How much does it cost? The cost of residential construction in Denver varies depending on several factors, including size, materials, location, and labor rates. At 303 Construction, we help clients understand their budget and cost expectations before starting their home-building journey.
Average Cost Per Square Foot in Denver
The average cost of building a new home in Denver ranges from $200 to $500 per square foot, depending on factors like customization, materials, and finishes.
- Basic homes: $200 – $250 per sq. ft.
- Mid-range homes: $250 – $350 per sq. ft.
- Luxury custom homes: $400+ per sq. ft.
Major Cost Factors in Home Construction
- Land Acquisition & Preparation – $50,000+
- Includes lot purchase, site preparation, and utility connections.
- Foundation & Framing – $50,000 – $100,000
- Concrete work, framing, and structural reinforcements.
- Plumbing, Electrical & HVAC – $30,000 – $75,000
- Installation of mechanical systems.
- Interior Finishes – $50,000 – $150,000
- Flooring, cabinets, paint, fixtures, and appliances.
- Exterior Work & Landscaping – $20,000 – $50,000
- Roofing, siding, driveways, and patios.
How to Save Money on Construction
- Choose cost-effective materials without compromising quality.
- Work with an experienced contractor like 303 Construction to avoid costly mistakes.
- Plan for unexpected expenses by including a 10-15% contingency in your budget.
If you’re planning to build a home in Denver, let 303 Construction provide a customized cost estimate based on your project needs!