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Building The Local Economy
This New House

What goes into a typical $350,000, 2,085-square-foot, single-family home

Building Materials
13.97 tons of concrete
13,127 board feet of framing lumber
6,212 square feet of sheathing
6,144 square feet of interior wall material
3,100 square feet of roofing material
3,061 square feet of insulation
2,325 square feet of exterior siding material
2,085 square feet of wood floor, carpet, tile
120 linear feet of ducting
15 windows
15 cabinets
12 interior doors
7 closet doors
3 toilets
3 bathroom sinks
2 exterior doors
2 garage doors
2 bathtubs
1 each - fireplace, patio door, shower stall, range and range hood, refrigerator, dishwasher, garbage disposal, washer, dryer and the kitchen sink

Labor and Materials
Carpentry Related $30,022
Concrete $10,855
Plumbing $7,560
Lath & Plaster $6,870
Drywall $6,557
Windows & Doors $4,424
Roofing $3,683
Electrical $3,131
Cabinets $2,791
Painting $2,506
Floor Coverings $2,345
Landscaping $1,900
Other $15,181
Subtotal $97,825

Total Price Components
Labor/Materials $97,825
Land* $150,000
Gov’t Taxes/Fees $23,660
Indirect Costs** $50,000
Developer Profit*** $26,250
Grand Total $347,735

*Land values vary widely even in adjacent areas and depend on process approval, use and zoning.
**Indirect costs include financing, insurance, planning, engineering and environmental needs.
***Profit ranges from 6 percent to 9 percent; 7.5 percent is averaged here.

Source: NAHB, BIA

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