We’ve looked at how newly built homes are priced and how those prices have changed in recent years; now, we look at costs.
The last couple weeks, we’ve looked at both how a single-family home is priced and how its price (and the components that go into that price) have changed throughout the years – and now finally, we’re looking at the actual costs to building that single-family home, courtesy of some great data from the NAHB.
Home construction is something that many of us take for granted, but as our graph below demonstrates, there are quite a few components that builders must keep track of.