Estimated price to build a home in Fort Collins, CO area?

Question

My husband and I are planning on buying a nice chunck of land in Colorado over the next year and we would like to know the estimated price it would cost to build a 4500-5000sqft home.

The house is going to be three floors, which include, basement, main floor, and then the second floor. three car garage. My only request is that no part of the house be stucco!!!!! I like some brick and wood.

Answer 1

To answer your question, there is a large range on the price it would take build a home of that size. I myself am a home Designer/builder and my father has been building homes for many years now. I live in Fort Collins so I can understand why you would like to build here!

First, if we base the building cost on sq. footage. It will most likely cost you around $150-175 dollars per sqft. PLUS the price of the land and Home Design Fees(architect, $10,000 - 30,000 depending on firm, size, and difficulty). Also, you have to consider the price of construction financing unless you have the money already.

Another large aspect is what materials you use, how much, and what grade of appliances/cabinets/floors/etc. you want. There is a large difference in price when you choose granite throughout the house instead of Formica. The largest area of a home are the kitchen, all bathrooms, and exterior materials. If you choose carefully in those areas you can decrease your price greatly.

For example: if you wanted a tile roof it may cost you around $40-50,000 dollars but if you choose a composition shake shingle(man maid), it could cost as little at $8,000.

Another example would be if you wanted your exterior to have lots of brick. It may cost you somewhere around $50,000 but if you went with the majority wood and paint, the price may be around $20,000.

It all depends on what materials and components you choose.

If I were to give you a ball park figure I would estimate it costing somewhere between $600,000 to $800,000.

Ex: $160 per sqft x 4500 sqft = $720,000. Plus price of land and design costs.

Be careful because the reality is that building a home can get expensive if it is done correctly. Some may promise you $120 a sqft but the reality is in the end you get what you pay for and you might spend more without the correct information.

Please feel free to contact me with any questions or comments. I live in Fort Collins, I know the area very well, and I would love to help you Design and Build your house! I am also very close with some great Realtors who can help you out with your land purchase!

Please visit my website at :

www.DPSignatureDesign.com for more information about the design process and building process!

Answer 2

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