There are many factors which affect the cost of custom home construction. Some are determined by choices with regard to the house, while others are fixed. Residential building contractors in West Vancouver can tell you right off the top that the cost of land is more expensive here. To get a better idea of what drives the price of building a custom home, here’s an overview of some of the main factors.
Location–the cost of land is already more expensive in West Vancouver. It’s a very desirable place to live right now. How much land, and what that land is made up of is also a factor. Soft, rocky or forested parcels each have their own foundational requirements when it comes to building a house.
Size of the house–not just the number of rooms but the overall size of the house will drive up the price by increasing the amount of materials required. A larger house will also take longer to build, increasing labour costs.
Design–the more unusual the design, the more engineering required to ensure everything comes together perfectly. Parts and pieces that come in standardized measurements have to be customized instead. Green homes, which are growing more popular, cost more to build than traditional homes.
Materials and finishes–high-quality products, from shingles, to stonework, to marble countertops, crown mouldings and everything in between, don’t just look better, they last longer and they come with better warranties. The more high-end these choices are, the more they cost.
Resale–even when building a dream home, there may come a time when it becomes necessary to sell. Custom house construction should include the things most people want and find attractive when purchasing a home.