How Much Does it Cost to Build a Custom Home in Dallas, TX?

 

One of the usual questions asked by people planning to build a custom home is, “How much does it cost?”

The truth is that it depends on many different factors. These dictate the cost of your new home. 

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Average Cost of a Home in Dallas, Texas

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Unlike quick builds, prefabs, or used homes in Dallas, custom homes are original designs selected by buyers.

Custom home-building services from a top custom home builder in Dallas will help you build a home that reflects your lifestyle and budget.  When working with a top Dallas custom home builder, you will be guided through every step of the design and construction process. 

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You will select everything about your new home, from the location to the floor plan to the finishing touches by collaborating with the custom home builder's design + build team. Before you begin the custom home building process, to ensure you understand the cost of building your custom home, our team has outlined a few variables that may affect the final price.

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Factors To Consider While Making Cost Estimates For Building A Custom Home in Dallas

• The location of your home

• The cost of labor in your area

• Pricing differences among the different regions

• Home type and size

• The different building materials and products you choose to use

• Use of modern or custom designs

• Other miscellaneous costs

• Price hikes due to the pandemic

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Budget

How much money you plan to spend on your dream home determines everything about your house. So before anything else, determine how much you are willing to spend and stick with it, regardless of how demanding or stressful the process becomes. You can always change your mind later.

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Building a custom dream home is expensive and requires a lot of patience and time. If you’re on a strict budget, you’ll probably have to settle for fewer features than initially envisioned, even if there’s money still left in the budget after construction has begun. Many things come up during construction that will require re-evaluating the initial design plan, and sometimes certain items must be cut for practical reasons. When this happens, don’t despair. It only means that more cool stuff may be added into the house somewhere down the line since some of those original “essentials” aren’t really all that essential anymore.

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Location

The cost of construction for a home varies by region. Although the estimate for construction in the United States is $150 per square foot, that cost fluctuates depending on where you build. For instance, the construction costs for building a custom home in Dallas, Texas, are vastly different than they are in Los Angeles, California, or even Salt Lake City, Utah.

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The price discrepancy is due to changes of the price of materials, building permits, labor, and other fees by location. No matter where you build, there is always a potential for unforeseen costs. For example,  black clay in DFW region  requires special pier & beam foundation, which may affect your budget.  

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Location can also affect what kinds of materials are available to use, which affects your dream house’s overall appearance and aesthetics.

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Size

The size of your custom home affects how much it costs. But everyone’s idea of “big” is different. That’s why this factor gets complicated. How big do you want? This may seem like an easy question to answer, but take note that the more space you have, the bigger your lawn will be, which can mean more landscaping, sprinklers, etc. The size of your home also affects what kinds of heating and cooling equipment are necessary to maintain a comfortable ambient temperature throughout your house effectively. If you’re building an extra-large custom home, then chances are you’ll want extra-large appliances too, which costs even more money.

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Complexity of the Design

How much design work your custom home requires will affect the final cost of your project. For example, if you need a fully customized home plan drawn up by our team, it will cost you more than if you were to alter a replicated design. A custom home builder may offer the following choices:

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• Tier 1: In the first tier, homebuyers modify pre-designed home plans to match their needs. It is the most affordable option of the three.

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• Tier 2: The middle tier allows homebuyers to select a floor plan from builder's stock portfolio. Then, they work with the custom home builder's design team to customize the layout with handpicked specifications.

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• Tier 3: The third tier offers the red carpet experience. Homebuyers work with custom home builder's team of designers to create a one-of-a-kind custom home layout. Even the interior designers get in on the action, asking personal questions to ensure the design is 100% yours.

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Square Footage Means Money

The more square footage you build, the higher the construction cost will officially be for your new home without fail. But again, this factor becomes complicated since there’s no way around it. If you want a large custom house, it must be big enough for all the features you want. But there are always exceptions to this rule.

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For instance, you can cut costs by building up instead of out. This means that if you’re looking at a one or two-story home, then it’s not going to be as expensive as a three or four-story home. Custom homes with less square footage cost more per square foot.

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The size of your custom home affects how much it costs. But everyone’s idea of “big” is different. That’s why this factor gets complicated. How big do you want? This may seem like an easy question to answer, but take note that the more space you have, the bigger your lawn will be, which can mean more landscaping, sprinklers, etc. The size of your home also affects what kinds of heating and cooling equipment are necessary to maintain a comfortable ambient temperature throughout your house effectively. If you’re building an extra-large custom home, then chances are you’ll want extra-large appliances too, which costs even more money.

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Factors that Influence Home Construction Cost in Dallas

When custom home builders come to provide you an estimate, they will consider several factors that can increase or decrease the cost of your project. Pricing for your home building project will vary based on the type of work required, your lot configuration, and the grade of construction you select. Here are a few things to keep in mind:

 

Your prices may be higher when:

• The house is multiple stories.

• The roof is complex with many ridges and valleys.

• You want a deck, pool, or patio.

• The lot is difficult to build on (ie: odd shape or steep lot).

• The property is in a high cost city.

• Local builders have a significant backlog of work.

• You choose high end finishes and materials.

• The house is custom designed.

• Local building requirements are more strict.

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Your prices may be lower when:

• You want to build a one story house.

• The roof is a simple gable or hip roof.

• The property located in a lower cost city.

• You choose standard building materials.

• You use a pre-designed plan and request minimal changes.

• The lot is easy to build (ie: it is rectangular or flat).

• Local building ordinances are less strict.

• The builder is building multiple houses in the same neighborhood.

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