GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Part Of Building A House

The cost of labor is typically the most expensive part of building a house, accounting for around 40-50% of total expenses.

Statistic 1

"The cost of windows and doors can be about 3-5% of the overall house building cost."

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Statistic 2

"The cost of building permits and inspections can vary greatly, ranging from under 1% to over 2% of total costs."

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Statistic 3

"The foundation of a house typically represents about 10-15% of the overall construction budget."

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Statistic 4

"HVAC systems alone can range from $7,000 to $12,000 for a new home."

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Statistic 5

"General contractor fees usually account for 10-20% of the total cost to build a house."

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Statistic 6

"Professional architect fees range from 5-15% of the total construction cost."

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Statistic 7

"High-end exterior siding can cost between 4-8% of the total construction budget."

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Statistic 8

"Customized cabinetry and high-end countertops can make kitchen costs amount to 5-15% of the total building cost."

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Statistic 9

"Landscaping can add an additional 1-3% to the overall cost of building a home."

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Statistic 10

"Plumbing can account for approximately 10-12% of the house construction budget."

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Statistic 11

"HVAC systems can constitute up to 20% of the total construction cost of a new home."

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Statistic 12

"High-quality roofing materials like slate can increase roofing costs to make up 5-7% of overall home construction costs."

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Statistic 13

"Site preparation and permits can account for approximately 10% of the total budget."

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Statistic 14

"Framing is often the most expensive part of building a house, comprising roughly 18-20% of the total cost."

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Statistic 15

"Labor costs typically make up about 30-40% of the total construction cost."

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Statistic 16

"Electrical systems generally take up around 3-5% of the total home construction cost."

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Statistic 17

"Insulation is about 1-2% of the total construction cost."

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Statistic 18

"High-quality flooring installations may range from 3-5% of the total building cost."

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Statistic 19

"Specialty rooms like home theaters or wine cellars can add an additional 1-2% to the overall cost."

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Statistic 20

"Interior finishes like flooring and paint can represent around 10-15% of the building costs."

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