Building a new home is an exciting prospect, but it can also be a bit overwhelming. With so much to take into consideration, the cost of designing and constructing a new home can quickly add up. It’s important to understand the cost of building your dream home so that you can budget accordingly and make sure you get the quality and design you desire.
The cost of designing a new home will vary depending on the complexity of the design, the size of the house, and any special features or materials chosen. Generally speaking, professional architectural services can range anywhere from 4-8% of total construction costs. For example, if your total construction costs are estimated to be $200,000, then architectural services could range between $8,000 – $16,000.
In addition to architectural services, other design costs may include interior design fees for custom cabinets and other millwork as well as plumbing fixtures or electrical layouts. These costs are typically charged as an hourly fee ranging from $50-$150 per hour. If you require specialty work such as green building materials or energy efficient systems then these will also add to your overall design costs.
Besides just design costs there may also be additional expenses associated with permits and zoning requirements which might add an extra 2-5% onto your overall cost. Any other miscellaneous fees such as land surveys or soil testing could also factor in.
Bottom Line:
When planning for a new construction project it’s important to consider all of the potential costs associated with designing and building your dream home. Architectural services can range from 4-8% of total construction costs while hourly fees for interior design services start at around $50 per hour. Other fees such as permit fees or land surveys may also need to be accounted for when budgeting for your new home.
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