North Carolina is the place where the Wright brothers took their first flight. After that, the sky wasn’t the limit anymore. This is the place where dreams come true. And the dream of a house is “The American Dream”.
So, getting one step closer to achieving your American dream is a priority. If you are thinking about building a house in South Carolina or North Carolina, you should be aware of the associated costs. In this article, I will guide you through the whole process of building a house in North and South Carolina (NC & SC).
How Much Does it Cost to Build a House in Carolina?
According to 2021 estimates, the average custom home building cost in Carolina is $100-$200 per square foot. This number is a rather shallow projection of the cost margin. The actual home building cost will vary depending on a number of things.
- The Site of Construction
- Home Design
- Home Type
- Special Requirements
- Major System Installations
Carolina House Building Cost Summary
Here is detailed information about the per square foot house building cost in Carolina
|Carolina Home Building Cost Average||$100-$200 per square foot|
|Cost of Building in South Carolina||$150-$200 per square foot|
|Cost of Building in North Carolina||$160-$225 per square foot|
|Real Estate Agent Cost||6%-10% of the purchasing cost|
|Single-Family Home Cost||$290-$780 per square foot|
|Multi-Family Home Cost||$205-$455 per square foot|
How much does it Cost to Build a House in South Carolina (SC)?
Home Advisor reports that the average cost of building a house in South Carolina is $300,000-$400,000. So, for a 200 square foot home, it is going to cost you $150-$200 per square foot.
This is not a very static number. Go to a builder, communicate your preferences and be sure about what you want. This will help you get a more accurate estimation.
How much does it cost to Build a House in North Carolina (NC)?
In North Carolina, the average price of constructing a home is between $320,000 and $450,000. It is estimated that the cost of building a 2000 square foot house in North Carolina is $160-$225 per square foot, according to Home Advisor.
This estimation has a very big range. The reason is the variety of decisions you can make about materials, designs, etc. while building your home.
House Building Cost by Size
According to The U.S Census Bureau, the median price for single-family homes was $107.39 per square foot. So cost according to different sizes will be:
|800 Square feet||$85,912|
|1000 Square feet||$107,390|
|1200 Square feet||$128,868|
|1500 Square feet||$161,085|
|1700 Square feet||$182,563|
|2000 Square feet||$214,780|
|2200 Square feet||$236,258|
|2400 Square feet||$257,736|
|2500 Square feet||$268,475|
N.B: This is an average estimation. The actual cost will vary in accordance with different preferences of different elements.
What land do you own in Carolina that you can build a house on?
The land is the most essential part of custom home building. If you don’t own land yet, you have to start with buying land first.
The land you select to build your house in is a major cost factor. The condition of the land, proximity, availability of utilities, etc. will greatly influence your budget. Where are you thinking about building your own house? Have you chosen your neighborhood?
Find the answers to these questions. This will help you make better decisions. Buying land will cost you a good amount of money. Go to a good real estate agent for a good deal. Try to find someone you know or try to find someone you have mutual friends with.
Buying land in South Carolina will cost you nearly $3000 per square foot on average. And in North Carolina, it will cost you around $4200 per acre. The average commission of a real estate agent is 6%-10% of the purchasing price.
If you are able to find someone mutual, you can get an even better deal.
Related: How Much Does a Cinder Block Weigh?
How do I get the building permits in Carolina (NC & SC)?
After you have the land, this is the first thing you need to do. Getting a permit will set all your endeavors in motion. This will bring speed to the process.
If you don’t get the permits, this can cause the construction to stop. This will be illegal and will cost you valuable time and money. Get the permits to build the house in Carolina before start. So, where to get the permits from?
North Carolina (NC) Building Permits Process: If you want to build anywhere in North Carolina, Read the PDF from North Carolina Real Estate Commission to get appropriate information about the permits.
South Carolina (SC) Building Permits Process: To get the necessary building permit information of all the places in South Carolina, visit sciway.net. Here you will find the information about all the cities and counties.
The Site of Construction in Carolina (NC & SC)
The construction site is the most important part when considering a custom house. The site will determine the cost of your project to a great extent. Many times, the selected construction site is not yet ready to build properly.
This causes the site preparation time and cost to be higher and higher. A site needs to be prepared with great care. This will be a one-time job. Even if you are needed to do it again, you won’t feel like going through with the hassle all over again.
Different Type of House Building Cost
The type of home you build will affect your overall budget. This decision will optimize your house budget with the preferences you have.
According to Rider Levett Bucknall, Building a single-family home will cost you $290-$780 per square foot. A multi-family home will cost you $205-$455 per square foot.
Special Requirements for building a house in North Carolina & South Carolina
Some special requirements will increase the cost of your house. I’m listing some of them below. Look thoroughly and get some idea:
- A big basement will add to the overall construction cost of your house.
- An office built separately increases the budget.
- Interior Finishes, Exterior Finishes, Over the top floor plans add to the cost.
- The exquisite custom design will take up a sum of your money in Architect fees.
- Advanced Security Systems are costly to install.
- Building a home powered by renewable energy is initially costly but after installation, it saves a great amount of money. This also increases labor cost
- Landscaping is the norm nowadays. This increases the beauty of the house greatly. So, landscaping can be a source of extra expense.
Advantages & Disadvantages of Building a House in Carolina
Here are two things you have to remember before planning to build a house, no matter which place you want to build your dream house.
- The main advantage is that the house will be truly yours. You will be able to make the decisions about every single brick of timber of the house. So, anywhere you go, will be yours truly.
- It will cost you less to build a house than to buy one. Everything is controlled by your preferences.
- The choice of quality materials and building professionals is also ensured.
- It will take a whole lot of time to build a house. You can easily buy a house in less time.
- A lot of hassle comes with the project. You have to be on the run constantly and be on monitoring.
- Things can go wrong easily. If anything goes wrong, it will cost you a whole lot of time and money to fix.
Read other related FAQ Below for building a house in Carolina (NC & SC)
Here you will find other related frequently asked questions regarding Carolina house construction
Should I hire a Contractor?
Well, it depends on your capabilities in managing such big-scale projects. This requires professional skill sets and years of experience to perfect the building process. If you think that you have enough time and expertise to handle this building process, then go for it. Otherwise, be informed and look for a good local builder.
Who will get the permit?
It is the builder’s job to get the required permits for the building. If your builder didn’t get the permit, get rid of him. Get someone who is more informed about the legalities and has more integrity.
Is it cheaper to build a house or buy one?
Buying a house is more expensive than building one. When building a house, there are aspects like site preparation and other stuff. These things take up a sum of your budget unexpectedly.
But buying a house will include such costs and the profits of the seller. You won’t have to take up such costs while building a house. The same quality house will cost more to build than buying.
How long does it take to build a house?
It usually takes up 7-12 months to complete a house. It takes 4-6 months to complete all the floor plans and preparations. After that, it is just a matter of building.
How do I estimate the cost of a house?
Think fully about your preferences and start dividing the costs into different groups such as materials, framing, foundations, etc. Then assign the prices and you have a good estimation.
Is it Possible to build a house in 50k Dollars?
Well, it is possible, but this will be a very basic house. Say, a 2-bed house with a bathroom!
What is the average cost of making house plans?
The average cost of making a house plan is around $1000-$3000.
Can I draw my own blueprints?
Yes, absolutely. If you are not handy with the software, then go for it. Be creative!
How much does it cost to build a house in Fayetteville, NC?
The range of building a custom house (basic construction) in Fayetteville is $94.26-$139.95.
Hope this house building guide in Carolina will make you clear about the estimated cost, permit fees, and contractor charge to build your house easily in North Carolina or Sound Carolina.