As of March 2015, an average 2,500 square foot ranch-style home costs around $433,500 to build. Actual costs depend upon the region, complexity of the design and products used.Continue Reading
The average home used for these calculations assumes a full basement, high-efficiency doors and windows, full appliances and mid-range materials. $219,000 would go to labor and around $212,000 would be spent on materials.
The contractor and machine costs are also significant expenses. Architects charge from 10 percent to 17 percent of the total budget. Sites such as Eplans.com offer home designs at a lower cost. The estimated prices of completing ranch homes from Eplans range from $150,000 to over $500,000.Learn more about Real Estate