High‑level cost range for building a new single‑family home on your lot.
Building a new home costs $100-400+ per square foot depending on location and finish level. In California, expect $200-500/sq ft for a standard build and $500+/sq ft for luxury custom homes.
In most markets, buying an existing home is 10-25% cheaper than building new. However, building gives you a custom layout, new systems, and no renovation costs. In high-cost areas, the gap narrows.
Building a production home takes 6-9 months. Semi-custom builds take 9-14 months. Full custom homes take 12-24 months. Permit processing and weather delays can add months to any timeline.
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