If you want to tear down your house but leave the basement and foundation intact, it costs between $3,000 and $8,000 as of 2014. This figure is for homes located in the United States in low-cost areas, and includes debris removal. However, to tear down a house in a city where the cost of living is higher, the cost jumps to between $7,000 and $15,000.
If you want to tear down the entire house, including the basement and foundation, the project costs a little more. The cost to tear down an entire house is between $10,000 and $25,000, but this also depends on the materials. This price also fluctuates depending on how big the house is and the contractor hired for the project. If there is lead paint or asbestos in the house, expect the cost to rise further.
Additionally, there are other costs to consider, including demolition permits, which can cost between $25 and $100. However, if you live in an populated area, such as Chicago, and are tearing down a house, the permit to do so may cost up to $10,000 because of local rules and regulations. You also may have to pay utility companies to come out if necessary.