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Construction Managers FAQs
On average, it costs $128,500 to build a 1,500-square-foot house. Costs may vary depending on where you live, the features you include, and whether you choose to build a custom home or use a premade floor plan.
The average time to build a house is one to two years, depending on the size and style of the home. Contractor-built homes that use a premade design may take as little as nine months, while custom designs average one and a half to two years.
Yes, many lenders offer construction loans for building a home. This is often used together with a mortgage; you take out the initial loan, and then it is converted into a mortgage once the home is complete.