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Cost to build a custom five bed, five bath 5,000 square foot home

This article is part of a series of posts on real project costs.  New Avenue is the leading national design/build system.  Homeowners and contractors enter bids  in our system and send and receive payments for completed work.  Any changes are submitted by the contractor and approved by the owner before the budget changes.  This keeps your project budget transparent, fair and under control.   It's like PayPal for remodeling and building.  We get a unique ability to collect the complete project costs.  We share these costs to help inform owners, architects and contractors.  If an owner does not have a team in place, we have a network of proven architects and contractors who are committed to creating homes that make owners healthier, wealthier and happier. 



A custom home is often a once in a lifetime project.  A dream home that is custom designed, permitting and built within two hours of a major city is an entirely different project from a tract home or existing home.

This following budget is for a 5,000 square foot custom home.   This was architect designed and custom built.  The construction costs include every detail needed for the contractor to complete the home. Your project will certainly be different however costs for a home of this quality are comparable outside of any major metro area.

Here is a list of the almost 100 line items used to track the progress and pay for work as it is completed.

General Conditions Allowance

Mobilization $ 1,500.00

Sanitary Facilities $ 1,500.00

Dumpsters $ 6,500.00

Progress Cleaning $ 1,000.00

Final Cleaning $ 1,500.00

Project Supervison $ 25,000.00

Shop Drawings & Samples & Mock-Ups $ 4,000.00

Silt Fencing & Erosion Control $ 1,800.00

Sub- total $ 42,800.00

Site Work

Demolition $ 19,500.00

Excavation $ 18,000.00

Backfill & Drainage $ 17,000.00

Rough Grading $ 14,000.00

Rain Gardens $ 9,500.00

Utility Trenching $ 12,000.00 *

Road Cleaning $ 2,500.00

Driveway $ 18,680.00

Tree Clearing $ 1,000.00

Excavate for Retaining Walls and Propane Tank $ 5,000.00

sub-total $ 117,180.00

Concrete and Masonry

Concrete Foundation and Slab $ 55,200.00

Foundation Waterproofing $ 2,100.00

Boulder Wall and trench drain $ 25,000.00

Stone Veneer on Foundation $ 30,800.00

Chimney veneer $ 5,500.00

Front Entry Step $ 2,800.00

Polished Concrete Floor $ 5,000.00

Division 3- sub-total $ 126,400.00

Division 4- Metals

Structural Steel $ 2,500.00

Gutters $ 2,000.00

sub-total $ 4,500.00

Wood and Plastics

Framing Materials $ 55,000.00

Exterior Materials $ 30,000.00

Interior Materials $ 16,500.00

Framing Labor $ 80,000.00

Exterior Labor $ 45,000.00

Interior Labor $ 82,000.00

General Labor $ 8,000.00

Porch /Deck/Railings(allowance) $ 31,500.00

Outdoor Shower $ 3,500.00

sub-total $ 351,500.00

Windows/Doors

Anderson Windows and Exterior Doors $ 43,000.00

Garage Door- (allowance) $ 3,000.00 A

Interior Doors $ 6,500.00

sub-total $ 52,500.00

Thermal and Moisture

Insulation $ 28,000.00

Roof $ 23,600.00

Roof top Snow Melt $ 2,500.00

sub-total $ 54,100.00

Division 8- Finishes

Drywall $ 21,200.00

Exterior Painting $ 20,500.00

Interior Painting $ 28,000.00

Kitchen Counter(allowance) $ 8,500.00

Flooring- Wood $ 29,900.00 A $6.50 per sf for material

Tile Material (allowance) $ 11,000.00

Tile - Install, waterproof, setting(allowance) $ 18,500.00

sub -total $ 137,600.00

Millwork

Kitchen Cabinet (allowance) $ 35,000.00

Bath Cabinets and Counters (allowance) $ 15,000.00

Master Walk-in Closet (allowance) $ 3,000.00

Closets and Shelving (allowance) $ 5,000.00

Bunk Beds and other Cabinets (allowance) $ 7,500.00

Fireplace Surrounds and Related (allowance) $ 3,500.00

Medicine Cabinets (allowance) $ 1,200.00

Stairs $ 19,500.00

Workbench $ 1,500.00

Balcony Rail $ 2,300.00

sub total $ 93,500.00

Specialties

Door, Bath and Cabinet Hardware (allowance) $ 16,750.00

Plumbing Fixtures, Shower Glass and Mirrors(allowance)$ 25,000.00

sub-total $ 41,750.00

Equipment

Appliances(allowance) $ 35,000.00

Generator - 22kw $ 8,500.00

Zero Clearance Fireplace Unit (allowance) $ 8,000.00

Appliance Install $ 3,500.00

sub-total $ 55,000.00

Mechanical

HVAC $ 55,000.00

Plumbing $ 29,000.00

Propane Tank $ 4,300.00

Gas Piping $ 1,200.00

HRV/ERV $ 4,000.00

sub-total $ 93,500.00

Electrical

Electrical Service $ 5,900.00

Electrical Rough in $ 52,800.00

Electrical Fixtures (allowance) $ 20,000.00

Alarm Install (allowance) $ 2,000.00

TV, Data (allowance) $ 25,000.00

sub-total $ 105,700.00

Landscaping

Stone Paths $ 2,530.00

Soil/Seed (allowance) $ 12,000.00

Irrigation(allowance) $ 5,000.00

Stone Dock(allowance) $ 15,000.00

Shore Protection (allowance) $ 35,000.00

Stone Patio $ 5,750.00

Landscape Misc(allowance) $ 10,000.00

sub-total $ 85,280.00

Sub-total $ 1,361,310.00

GC Fee- $ 204,196.50

Total $ 1,565,506.50

The actual line item budget on the New Avenue site is here: Example Budget Large Custom Home

Sign up to see example budgets, example floor plans, or to use the New Avenue system for free here: Get Started



 

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Great Architects and Contractors You Can Trust

Confidently hire proven architects and contractors, seamlessly manage your project with our free system. Stay positive, stress less and hit your budget with our Safe Pay system.

Learn More
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