Average cost to build a house in Toronto
Mayfair homes can help you in making a budget, if you are thinking to build your own custom home. By and large the cost may be divided into two groups; Soft costs and hard costs.
Soft costs are indirect costs that are not actual construction costs. This will include architectural drawings, engineering reports and survey, building permits, insurances, financing fees, legal expenses and other pre-construction and post construction expenses.
Hard costs are the direct costs of your project. They usually include the labour and materials costs. It starts from basic building services, basic mechanical, plumbing and electrical systems and finishing. Hard costs for a home project may also include fixtures, furniture, equipment and specialized mechanical or electrical services.
Mayfair home will provide you the complete list of hard and soft costs that may be included in the estimate of your project.
To calculate the average cost to build a house in Toronto depends on your wish list, features and specifications. Generally speaking, average cost to build a house is from $155.00 to $250.00 per sq/ ft in Toronto. We are building basic custom home starting from $159 per sq/ ft. However with more small details and designer touch home cost would be $180 per sq/ ft. A beautiful high end luxury home may cost be you in the range of $250 to $300 per sq/ ft with extravagant features.
Before to begin the work Mayfair Homes will provide you cost estimate to build your dream home. Our details estimate is based on our initial estimate and detail drawings, specifications, change orders and change directives. Summarize specification that describes the full scope of work in detail for each phase of the project. For large project, we usually recommend 3D architectural rendering that provides you exterior & interior look, more precise estimate, and save you from any miscalculation of budget, change order and change directives.
We will prepare a critical path method (CPM) construction schedule on MS project with resources and activities. During the project we will update you periodically with outlines of all decisions and selections that need to be made throughout the project along with necessary approval and imbruement dates.
With modestly upgraded features, Mayfair homes can build your custom home in Toronto at the rate of $250.00 per square foot. Contact us and enjoy our expertise and commitment with a fair estimate for your new custom home. Mayfair homes is your trustworthy partner and we stay on our estimates.
Mayfair Homes is a luxury custom home builder Toronto based in GTA specializing in luxury custom homes. Please call us and our estimator will visit you for consultancy. And we will also provide you cost estimate to build your dream custom home at best cost, top quality and on time.
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