![]() The cost per square foot to build a house depends on material and labor costs. Whereas, a luxury home might cost as much as $770 per square foot-or more, depending on location, features and finishes. An economy home might cost as little as $33 per square foot. Neither economy or luxury in quality, it’s your typical suburban tract home. These cost estimates are for a standard suburban tract house. The average cost can range from $54 to $270 per square foot based on a home size of 2,600 square feet. The national average cost per square foot to build a house is $150, according to Home Builder Digest. Average Price Per Square Foot to Build a House Higher numbers can tell you that the home’s location, design and other features are in demand whether you’re comparing homes across the country or within the same ZIP code. For instance, the average home sale price exceeds $1,000 per square foot in San Francisco but sits at $168 in Bloomington, Indiana. Price per square foot can still give you an idea of how desirable a home is, though. Unincluded livable space: A home’s listed square footage may not include areas like a basement, attic or finished garage that could be used as livable space.You won’t be able to compare properties accurately if you’re just looking at the price per square foot of the structure. Land value: Land value contributes significantly to home prices (especially in coastal markets), and even within a suburban tract, lot sizes can vary.For example, records might not reflect an addition to the home. Potentially inaccurate measurements: The listing agent may have carefully measured the home’s square footage, or the information may have come from public records, which are sometimes out of date.Of course, calculating and comparing price per square foot doesn’t tell you everything about the differences between various homes you’re considering. So if you’re looking at a $400,000 house that measures 2,000 square feet, the math looks like this: To calculate price per square foot, just replace the word “per” with a division sign. Hopefully this now gives you a clear understanding of how to calculate and convert per thousand to per piece.How Do You Calculate Price Per Square Foot? Also, if the truck is heavy and a package has to come off, the lumber company would have to re-quote all over again when it was already painful to do it just the first time! It's much easier to give one quote on 2x4x8, 2x4x10, 2x4x12, 2x4x16 at $250/M then having to calculate all the different sizes and them ad them together or quote each size individually (there may be ten different sizes on the truck!). Why do lumber companies quote per thousand? Simply because of volume AND multiple sizes. That adds up over 5880 boards (by $19.60 to be exact!) So you definitely want to use the shortcut now that you know how. NOW, you will notice that there is almost a $20 difference? That's because in the first calculation we rounded down all those decimals to just two. Short Cut - In step one simply include the amount of packages and pieces in your calculation.Ģ x 4 x 96 x20 x294 / 144 = 31,360 and multiply it by step 2 (0.25). Now take $1.33 and multiply 5880 and you have your answer of $7820.40 Long Road - This is now taking 20 packages and multiplying by 294 pieces which will give you 5880 pieces. You can either take the long road or the short cut (which is more accurate). Okay, are you still with me? Good! Now how much is the total truckload? Well, there are two ways to go about this. Your answer is $1.33 per piece (Rounded down of course). Step 3 - Multiply the board feet in step 1 by the answer in step 2. Step 2 - Take the price per thousand (or Per M) and divide by 1000. Thickness X Width X Length / 144 (Make sure to change the 8 foot to 96 inches (8x12)) (See my other article - "Board Feet? How to Calculate") Here's the formula on how you calculate per piece. What is that per piece? So how much is it for the whole load EXACTLY?!? The best quote is $250/M for 20 packages (294 pieces per package). You phone around and get quotes on the material. So let's give an example and then how to convert it. Put up an interactive calculator on our website so that they can do it themselves AND write an article helping others that find themselves in the same boat. Now that I've got a nice clientele, they are always asking me to convert pricing for them so I decided to do two things. So I designed a quick little spreadsheet on Excel that would calculate the answer for me and I must use it at least a dozen times per day, if not more. It was so tedious and after awhile, just plain irritating. It used to drive me crazy trying to figure out how to calculate prices per thousand and then convert it into per piece. ![]()
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