54036 NAT COR Digital Magazine Final - Flipbook - Page 18
From the Ground Up:
Construction Costs
To many homebuyers, price can be a bit of a sticking point in deciding to take the leap. But it’s important to
understand how new homes are priced in order to understand the value of your investment.
The majority of a home’s cost comes from one place: construction. The cost of actually building a home
includes everything from materials and labor to design and engineering, but even then, these fees can range
across a huge spectrum depending on many factors, including quality of construction, size of the property,
and customization options.
Buyers should recognize that higher-quality materials and finishes, as well as unique architectural features,
typically command higher construction costs. Understanding the nuances of construction costs can help you
assess the value proposition of different properties and make informed decisions that align with your budget
and preferences.
18
NATIONAL HOMES DIGITAL MAGAZINE