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Total Construction Cost: $60,000
Average Finished Area: 1,054 sq ft
Construction Cost Breakdown AverageShare of
Constr. CostWater and Sewer Inspection $960 1.6%Excavation, Foundation, and Backfill 6,900 11.5Framing and Trusses 9,360 15.6Sheathing 720 1.2Windows 2,280 3.8Exterior Doors 900 1.5Interior Doors and Hardware 1,020 1.7Roof Shingles 1,740 2.9Siding 2,820 4.7Gutters and Downspouts 360 0.6Plumbing 4,020 6.7Electrical Wiring 3,660 6.1Lighting Fixtures 780 1.3HVAC 3,360 5.6Insulation 1,260 2.1Painting 1,980 3.3Cabinets and Countertops 4,980 8.3
Appliances 1,440 2.4Tiles 2,700 4.5Trim Material 1,200 2.0Other 7,560 12.6Total $60,000 100.0%
APARTMENT ADDITION PRICE AND COST BREAKDOWNS
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Average Lot Size: 21,879 sq ft
Average Finished Area: 1,000 sq ft
Sales Price Breakdown Average Share of PriceA. Finished Lot Cost (including financing cost)* $76,591 20.3%B. Total Construction Cost 60,000 58.9C. Financing Cost 6,375 1.7D. Overhead and General Expenses 20,377 5.4E. Marketing Cost 5,297 1.4F. Sales Commission 12,815 3.4G. Profit 33,658 8.9Total Sales Price $377,624 100.0%
Construction Cost Breakdown AverageShare of
Constr. CostBuilding Permit Fees $4,264 1.9%Impact Fee 3,165 1.4Water and Sewer Inspection 3,761 1.7
Excavation, Foundation, and Backfill 15,878 7.1Steel 1,637 0.7Framing and Trusses 34,805 15.6Sheathing 3,869 1.7Windows 6,236 2.8Exterior Doors 1,930 0.9Interior Doors and Hardware 3,356 1.5Stairs 1,676 0.8Roof Shingles 8,472 3.8Siding 12,858 5.8Gutters and Downspouts 949 0.4Plumbing 11,753 5.3Electrical Wiring 8,309 3.7
Lighting Fixtures 2,372 1.1HVAC 8,860 4.0Insulation 3,332 1.5Drywall 11,332 5.1Painting 7,638 3.4Cabinets and Countertops 12,444 5.6
Appliances 3,583 1.6Tiles and Carpet 11,436 5.1Trim Material 7,394 3.3Landscaping and Sodding 7,088 3.2Wood Deck or Patio 1,948 0.9
Asphalt Driveway 3,083 1.4Other 19,085 8.6
Total $222,511 100.0%
Table 1. SINGLE-FAMILY PRICE AND COST BREAKDOWNS
2009 National Results
Source: NAHB 2009 Construction Cost Survey, based on a national sample of 54 home builders
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1995 1998 2002 2004 2007 20091. Finished Lot Cost 24.4% 23.6% 23.5% 26.0% 24.5% 20.3%2. Total Construction Cost 53.3% 54.8% 50.8% 51.7% 48.1% 58.9%
3. Financing Cost 2.0% 1.9% 2.1% 1.8% 2.4% 1.7%4. Overhead and General Expenses 5.8% 5.7% 5.5% 5.8% 7.0% 5.4%
5. Marketing Cost 2.2% 1.4% 2.4% 1.9% 2.5% 1.4%6. Sales Commission 3.3% 3.4% 3.7% 3.0% 4.3% 3.4%7. Profit 9.1% 9.2% 12.0% 9.8% 11.2% 8.9%
Table 2. SINGLE-FAMILY HOME SALES PRICE BREAKDOWN
HISTORY
Source: NAHB Construction Cost Surveys, 1995-2009
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1998 2002 2004 2007 2009Building Permit Fees 0.9% 1.3% 0.8% 1.7% 1.9%Sales Price Breakdown 1.0% 1.6% 1.1% 1.4% 1.4%
Water and Sewer Inspection 1.0% 1.4% 1.2% 1.6% 1.7%Excavation, Foundation, and Backfill 9.6% 6.9% 9.9% 7.0% 7.1%
Steel 1.1% 0.8% 0.3% 0.8% 0.7%Framing and Trusses 20.2% 18.4% 21.3% 15.8% 15.6%Sheathing NA 0.9% 1.4% 1.6% 1.7%Windows 3.8% 3.3% 3.2% 2.9% 2.8%Exterior Doors 1.1% 0.8% 0.9% 0.9% 0.9%Interior Doors and Hardware 1.9% 1.6% 2.4% 1.5% 1.5%Stairs 0.4% 0.6% 0.6% 0.8% 0.8%Roof Shingles 2.6% 2.6% 2.2% 3.2% 3.8%Siding 4.3% 4.2% 3.6% 5.7% 5.8%Gutters and Downspouts 0.6% 0.5% 0.2% 0.4% 0.4%
Plumbing 5.9% 5.4% 5.3% 5.4% 5.3%
Electrical Wiring 3.8% 3.3% 3.4% 3.9% 3.7%Lighting Fixtures 1.0% 0.8% 0.9% 1.0% 1.1%HVAC 4.1% 4.2% 3.7% 3.9% 4.0%Insulation 1.4% 1.6% 1.4% 1.6% 1.5%Drywall 5.5% 5.3% 4.9% 5.1% 5.1%Painting 3.8% 3.6% 3.6% 3.4% 3.4%Cabinets and Countertops 5.0% 4.3% 6.6% 5.7% 5.6%Appliances 1.3% 1.2% 1.3% 1.7% 1.6%Tiles and Carpet 4.8% 4.3% 4.2% 5.0% 5.1%
Trim Material 3.1% 4.1% 2.5% 3.1% 3.3%Landscaping and Sodding 1.8% 2.5% 2.6% 2.8% 3.2%Wood Deck or Patio 0.7% 0.7% 1.0% 0.7% 0.9%
Asphalt Driveway 1.5% 1.6% 1.3% 1.4% 1.4%Other 7.7% 12.2% 8.2% 9.7% 8.6%
Table 3 SINGLE-FAMILY CONSTRUCTION COST BREAKDOWN
HISTORY
Source: NAHB Construction Cost Surveys, 1998-2009
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0.9%
1.3%
0.8%
1.7%
1.9%
1.0%
1.4%1.2%
1.6% 1.7%
1.8%
2.5% 2.6%2.8%
3.2%
1998 2002 2004 2007 2009
Figure 3. Selected Items as a Share of TotalConstruction Costs
Building Permit FeesWater and Sewer Insp.Landscaping and Sodding
3.8% 3.3% 3.2% 2.9% 2.8%
20.2%18.4%
21.3%
15.8% 15.6%
1998 2002 2004 2007 2009
Figure 1. Selected Items as a Share of TotalConstruction Costs
Framing and Trusses
Windows
Source: NAHB Construction Cost Surveys
2.6% 2.6%2.2%
3.2%
3.8%
4.3% 4.2%
3.6%
5.7% 5.8%
1998 2002 2004 2007 2009
Figure 2. Selected Items as a Share of TotalConstruction Costs
Roof Shingles
Siding
Source: NAHB Construction Cost Surveys
Source: NAHB Construction Cost Surveys
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