Construction Cost Breakdown
State Median New Home Price (2024)
Percentages may not add up to 100%, as they are rounded to the nearest percent.
Site Work
Share of Construction Cost: 7.6% Cost Estimates: $29,596
Exterior Finishes
Share of Construction Cost: 13.4% Cost Estimates: $52,182
Other
Share of Construction Cost: 2.1% Cost Estimates: $8,178
Major Systems Rough-Ins
Share of Construction Cost: 19.2% Cost Estimates: $74,768
Interior Finishes
Share of Construction Cost: 24.1% Cost Estimates: $93,850
Foundations
Share of Construction Cost: 10.5% Cost Estimates: $40,889
Framing
Share of Construction Cost: 16.6% Cost Estimates: $64,643
Final Steps
Share of Construction Cost: 6.5% Cost Estimates: $25,312
Cost of Constructing New Homes
Andrea Smith
Created on March 18, 2025
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Transcript
Construction Cost Breakdown
State Median New Home Price (2024)
Percentages may not add up to 100%, as they are rounded to the nearest percent.
Site Work
Share of Construction Cost: 7.6% Cost Estimates: $29,596
Exterior Finishes
Share of Construction Cost: 13.4% Cost Estimates: $52,182
Other
Share of Construction Cost: 2.1% Cost Estimates: $8,178
Major Systems Rough-Ins
Share of Construction Cost: 19.2% Cost Estimates: $74,768
Interior Finishes
Share of Construction Cost: 24.1% Cost Estimates: $93,850
Foundations
Share of Construction Cost: 10.5% Cost Estimates: $40,889
Framing
Share of Construction Cost: 16.6% Cost Estimates: $64,643
Final Steps
Share of Construction Cost: 6.5% Cost Estimates: $25,312