What Is the Cost to Build a House in Michigan?
In Michigan, the average cost to build a house staggers between $225,000 to $265,000, or $90 to $150 per square foot and this variable is subject to your desired location and the increase in the price of materials and labor.
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In Michigan, the average cost to build a house staggers between $225,000 to $265,000, or $90 to $150 per square foot and this variable is subject to your desired location and the increase in the price of materials and labour.
To some homeowners, having a place to call their home is more than having an apartment in their name but having the ability to create the style, size, and functionality of the house to their taste. But before you take the first step if you want to build your house in Michigan, you need to first count the cost.
Taking into account that things can get complicated as lots of factors can affect the cost to build a house in Michigan -from labour costs, materials, style, city of choice, and permits to hidden costs, it is important to have a well-equipped blueprint so you don't start what you cannot finish. Read on!
What Is The Average Cost To Build A Home In Michigan
In 2022, the average cost to build a house in Michigan is about $225,000 and $265,000 for 2000 per square foot or $90 to $150 per square foot.
But the drop in supply chain, labour shortages, and hidden charges might affect the overall cost to complete your dream house but with the above averages, your chances of completing your home within budget are high.
Estimated Summary Cost To Build A Home In Michigan
In 2022, to build a house in Michigan, you'll need to consider the cost estimates of the following:
What is Needed | Estimated Price |
|---|---|
Cost of land per Acre | $13,733 |
Roof Installation | $6,550-$45,000 |
Installation of Major Systems | $200,000 |
Average prices of farmland converted for residential use | $2,220 per acre (Upper Peninsula) to $10,230 per acre (Southern Lower Peninsula) |
The average price of land statewide | $23,765 per acre |
Building permits | $1,000 to $2,000 |
Interior finishes | $65,000 to $75,000 |
Driveway | $2,000 to $6,000 |
Furnishing | $15,000 to $75,000 |
Cost of building Per Square Feet | $90-$150 |
2000 Square Foot House | $225,000 to $400,000 |
Materials
The most expensive part of building a house in Michigan is the materials. Listed below is a breakdown of the estimated cost of important materials you'll need to build your dream house.
Materials | Average cost by square foot | Average total cost for a 2,000-square-foot home |
|---|---|---|
Framing lumber | $15 to $30 per square foot | $15,700 to $27,800 |
Concrete | $4.25 to $6.25 per square foot | $8,500 to $12,500 |
Flooring | $3 to $22 per square foot | $6,000 to $18,000 |
Electrical wiring | $3 to $5 per square foot | $3,200 to $7,600 |
Plumbing | $2 to $5 per square foot | $1,500 to $15,000 |
Insulation | $0.65 to $6.50 per square foot | $3,000 to $7,000 |
Siding | $2 to $45 per square foot | $2,800 to $35,000 |
Roofing | $3.60 to $21 per square foot | $7,200 to $43,500 |
While the prices of materials vary depending on the type and quality you opt for; your building style also affects your material choices which in turn affects cost. For instance, Sliding is cheaper if you choose metal or wood, but brick and stone will cost you good money.
Labour
To build a house in Michigan, you'll need to hire professionals to do the actual construction of putting bricks and mortar together.
Labour cost is the second major part of building a house in Michigan- but you can stay within budget with the help of this guide.
Planning, budgeting, supervising, and constructing your home will require the service of a construction manager who will charge you a construction fee between 5% - 15% of the overall project cost.
Aside from the construction manager, you'll need experts who will handle the HVAC installation, electrical and plumbing, roofing, sewage, and other things and the average hourly rates vary between $16 and $35.
A 2000-square-foot home will cost you $6,800 and an average of $34 per square foot or 39% of the total project cost.
Is it more expensive to buy or build a house in Michigan?
With the current data, as of 2022, the average cost of buying a home in Michigan is $230,000, while we have established that it would cost $225,000 to $265,000 to build a house in Michigan.
If style, finishes, and some core elements of the home structure are not a concern for you, buying a house is a better option - but if you want your dream house, go for building.
The resale value of your house can be significantly higher if you build it yourself because you'll determine the quality of materials, the land location, and its size, which often affects the resale value.
The building cost of houses in Michigan Per Square Foot (sq ft)
The size (sq ft) of your home inarguably affects the cost of the building project, and we have pulled some data below to help you make the best choices.
Bungalows are the most affordable style of home to build in Michigan. Still, the size and location of your house may affect the overall cost of your building plan.
The building cost of houses in Michigan Per Square Foot (sq ft)
The size (sq ft) of your home inarguably affects the cost of the building project, and we have pulled some data below to help you make the best choices.
Size | Average Cost | Highest Cost | Lowest Cost |
|---|---|---|---|
800 ft | $120,000 | $160,000 | $80,000 |
900 ft | $135,000 | $180,000 | $90,000 |
1000 ft | $150,000 | $200,000 | $100,000 |
1200 ft | $180,000 | $240,000 | $120,000 |
1500 ft | $225,000 | $300,000 | $150,000 |
How you can save money when building a home in Michigan
If you’ve decided to build a house in Michigan, here are some good tips to help you save money;
Hire The Services Of Local Vendors. One of the smartest ways to save money when building is to balance quality and affordability.
Get local vendors to run the construction work if it would save cost and also deliver the desired quality.
- DIY
You could save up to 5-15% of the overall building cost if you put in your Do-It-Yourself skills, especially in completing a task like the interiors and paintings.
- Build A Modular Home
A modular home costs 10-20% less than a new home built from scratch with bricks, so consider building a modular home.
- Keep a good credit score.
You will need some extra cash to cover the cost of building, and taking a personal loan will serve as the best option. A good credit score will help raise the funds you need.
- Keep in mind the resale value of your house.
Owning a home is also an investment if wisely built. Cutting down on some expenses will save you money now, but choosing high-quality materials in key areas will increase the house's resale value.
What if I want to add an extra feature to a completed building?
If you have built your house in Michigan and wish to add more features like an extra room, a separate visitor's home or pool, porches, or just a man cave, there are two things you will be paying for.
First is a permit, and the cost depends on the extra feature you're adding to your home.
If, for instance, you're adding a shed to your home which already has lighting and water supply, you might need to get a building permit and pay up to a $2,000 allowance charge. But for a pergola or an outdoor backyard, you'll spend $120 or less.
The second thing is the real job-building. Including supply, building a 10-by-10 deck is averaged at $2,000. While building a 40 feet pool will cost $40,000. It all depends on your addition.