In this video a builder discusses three design tips for creating affordable houses. Actual costs to build a ranch (one story) and a two story home are reviewed to compare the options available to those wanting to build a new home that provides maximum value. Square foot costs are reviewed for ranch, two story, and basement finishes to help people understand how affordable houses are designed and built.
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The costs used in this video were derived from multiple sources including but not limited to: 2021 National Construction Estimator by Craftsman Books, the builders own experience, and the latest NAHB (i.e. National Association of Home Builders) Economics and Housing Policy Group, Cost of Constructing a Home. Construction costs can vary greatly from one location to the next due to material and labor shortages and local market conditions. Individual customer finish and design choices can also create large swings in labor and material costs for a given project. Building code differences from one location to the next were not considered when preparing the labor and material costs presented here. Armchair Builder, Michael Luckado, and Open Book Build LLC have no affiliation with Menards or Advanced House Plans.