Real Estate
Sponsored by

New house - price/sqft range these days

1,811 Views | 7 Replies | Last: 4 yr ago by Boo Weekley
BlueHeeler
How long do you want to ignore this user?
AG
Just wondering what the going rate is these days in central Texas. Something like a 2500 sqft single story, 4 sides hardiplank. I am talking about good construction / well built, but just "normal" design features (shingle roof, mix of laminate and tile floors, middle of the road counter tops/cabinets). A nice house, not anything extravagant/fancy. Thanks in advance.
MS08
How long do you want to ignore this user?
AG
If you are buying a listing on market, $180/ft will be a rarity. Tough to find that these days though, especially for that size. Prob looking at $200/ft minimum.
evestor1
How long do you want to ignore this user?
It will cost a billion unless you use red pear...then it will cost 33% as much!
Furlock Bones
How long do you want to ignore this user?
AG
On your own property or? City services or septic? What part of central texas?

My company builds in BCS, Dallas, Galveston and now the highland lakes area (Marble Falls, Round Mountain, Jonestown).

I can tell you costs for certain items range dramatically. For example Concrete in Jonestown is around 15-20% higher than Marble Falls at the moment.
AgPT06
How long do you want to ignore this user?
AG
We are in the middle of this right now. $175 to 190/sq ft plus land cost probably for what you are looking for. Easy to run up over $200 though if you add masonry and start upgrading finishes much. I know there are lots of varied opinions on them, but take a look at Tilson for what it sounds like you are wanting.
BlueHeeler
How long do you want to ignore this user?
AG
Thanks for the replies. Yes, I was talking about just the cost of the house. I was figuring that the answer was close to $200.
Red Pear Realty
How long do you want to ignore this user?
Sponsor
AG
evestor1 said:

It will cost a billion unless you use red pear...then it will cost 33% as much!


Oh no! Some non-Red Pear fans! Show us on the Closing Disclosure where we hurt you.
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
Boo Weekley
How long do you want to ignore this user?
My wife is my realtor and good at what she does, but it is still tough to land a house in the Cypress area of Houston right now. Mostly just too many people competing to buy too few houses. This is an area where they are putting up a bunch of new homes, so I am almost wondering if the supply chain/construction lag may be pouring fuel on the fire when it comes to low supply? The home we looked at the other day, and offered 11% over asking on - thinking we were being borderline reckless/desperate - had over 60 showings on sat-sun, after being listed Friday. It is very stressful trying to land a decent house in the burbs right now. It's the perfect storm when you factor in mass adoption of work-from-home and flex schedules. Commuting 5 days a week was one of the only things keeping many people in these crime riddled, overpriced cities with crap schools.

One interesting thing has been what seems like a noticeable increase in homes going back on the market shortly after going under contract...I think a lot of people are paying $480-500k on a home in a bidding war, only to have the appraisal come back much much lower, scaring some of them off. It's not a crazy amount, but anecdotally does seem like an increase compared to recent years. A lot of people are naturally going to have second thoughts after offering $480k for a $435k home, only to have it appraise at $425k.
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.