Attention Builders

[JROC]

Hi,

Approx how much to build SFH per SQFT in the South Surrey / Langley area? Looking at the MID range. I know a lot of things go into costs but just looking for an average cost per square foot to build.
With talking to some friends I was told approx $145 - $160 a foot x 4000 sqft home = $580,000 - $640,000?

Thanks

 

[Tina Myrvang]

Good Morning,
Please email this question to [email protected]. I have an expert that will be able to answer this questions for you.

 

[Caleb West]

What's are the specifications, I've done houses at $130/sq to $230/sq all depends on selections.
Mid spec is subjective to everyone you ask.
I can help you build a spec list from our standard new build rental criteria that you can present to several local builders so you can compare apples to apples.
Let me know

[email protected]

 

[TangoWhiskey]

Go to Altus cost guide to get your figures for cost/sq ft in markets across Canada to build for all property types. Excellent pdf resource that should be more widely circulated.

 

[Thomas Beyer]

Hi,

With talking to some friends I was told approx $145 - $160 a foot x 4000 sqft home = $580,000 - $640,000?

Thanks

Low end starts at $120/foot all the way to $600+/ft for high end homes PLUS old house removal (if any), drawings, engineering, approvals, servicing, lot and soft costs. DCCs alone might be $100,000 a lot if a new sub-division in many major cities in Canada.

What is on the lot today ? Is it serviced ? DCCs paid ? Bungalow or two storey ? Basement or on slab or on screw piles ? If basement, basement finished or walkout ? A kit hen alone could be $10,000 or $250,000 - what do you envision here ? Double or triple pane windows ? Fancy exterior rock work ? Cheap veranda or one for $50,000 ? How many bathrooms ? How many bedrooms ?

The price quoted sounds about right for a very basic home with minimal basement upgrades and two stories, plus all the drawings, engineering, permits and soft costs.

 

[Thomas Beyer]

Low end starts at $120/foot all the way to $600+/ft for high end homes PLUS old house removal (if any), drawings, engineering, approvals, servicing, lot and soft costs. DCCs alone might be $100,000 a lot if a new sub-division in many major cities in Canada.

What is on the lot today ? Is it serviced ? DCCs paid ? Bungalow or two storey ? Basement or on slab or on screw piles ? If basement, basement finished or walkout ? A kitchen alone could be $10,000 or $250,000 - what do you envision here ? Double or triple pane windows ? Fancy exterior rock work ? Cheap veranda or one for $50,000 ? How many bathrooms ? How many bedrooms ? Vaulted ceilings ? Fancy wood on ceiling or drywall ? A/C or just basic electric baseboard heaters ?

The price quoted sounds about right for a very basic home with minimal basement upgrades and two stories, with a flat lot with no house on it and services already there, DCCs paid, plus all the drawings, engineering, permits and soft costs.

Generally speaking, one creates drawings first, then creates a list of desired specs, then shops this around to various builders. Sub $150/ft is a very very basic house with zero upgrades. Zero. I'd budget at least $200 to get something decent.

 

[TangoWhiskey]

I agree with Thomas' figure of 200/sq ft all in for something that will appeal to the end buyer. I just finished an 18 unit townhouse and apt development that mostly involved gutting and renovating existing townhouses and separately creating 8 new apts in existing structures. 200 $/sq ft is approx what we spent on the new apts.