How to Calculate Construction Cost Per Square Feet
Constructing a house is a big task. You need to be on your feet with almost everything that is required for construction, the cost, raw materials, labors, resources and every small detail. When you’re made to handle the entire task, the first thing that comes to your mind is the cost for construction. I will tell you step by step on how to calculate construction cost per square feet here so you have a very good head begin.
How to Calculate Construction Cost per Square Feet ?
The cost of construction for any house is dependent on many factors such as: – location of the house, material used, amount of the materials used, size of the plot, labor cost, architect fee and plenty of different elements.
The construction cost also depends highly on the quality of the material which is being as well. Higher the quality, the better the costs. The basic equation to calculate construction price per square feet is:
In order to find out the construction cost / square feet, you need to add the following:
- Material for Construction: Cement, steel, sand, gravel, finishing, color, tiles, bricks, fittings, windows, doors, plumbing, sanitary, and electric.
- Labor cost
- Engineer / architect rate
- Contractor fee
Also, there are many calculators available online which will help you find exact cost required for construction per square feet.