Average Cost Of Building A New Home In Denver
Building a new custom home in Denver can be an exciting yet financially significant endeavor. The cost of new home construction in the Mile High City varies widely, ranging from $42,000 for basic renovations to over $900,000 for high-end custom builds. It’s important to note that these figures are general estimates, and actual costs can fluctuate based on the scope of work, material prices, and specific project requirements.
Custom Home Construction Cost By Renovation Options
A. Basic Custom Home Construction
Starting at around $42,000, basic custom home construction in Denver focuses on essential updates and cost-effective choices. This level often involves refreshing existing elements rather than full replacements. Homeowners might opt for standard fixtures, basic appliances, and more affordable materials like laminate countertops or vinyl flooring. To save costs, some non-essential features might be postponed or omitted.
B. Mid-Range Custom Home Construction
With a budget of approximately $329,000, mid-range custom home construction in Denver opens up more possibilities. This tier allows for higher quality materials and finishes, such as hardwood flooring, granite countertops, and custom cabinetry. Homeowners can consider adding energy-efficient appliances, smart home features, and more extensive structural changes to enhance the overall living space.
C. High-End Custom Home Construction
At the luxury end of the spectrum, high-end custom home construction in Denver, starting around $900,000, offers limitless possibilities. This budget allows for premium materials like marble countertops, high-end appliances, and custom architectural features. Luxury amenities such as home theaters, wine cellars, or spa-like bathrooms become feasible. High-end homes in Denver often incorporate sustainable technologies and smart home systems for ultimate comfort and efficiency.
Custom Home Construction Cost Per Bedroom
A. Two-bedroom House (800 – 1,500 sq. ft.)
In Denver, a two-bedroom custom home typically costs between $96,000 to $180,000, depending on the square footage and level of finishes chosen.
B. Three-bedroom House (1,000 – 2,500 sq. ft.)
A three-bedroom custom home in Denver may range from $120,000 to $300,000, offering more space and options for customization compared to smaller homes.
C. Four-bedroom House (1,900 – 2,600 sq. ft.)
Four-bedroom custom homes in Denver can cost between $228,000 to $312,000, providing ample space for larger families or those desiring extra rooms.
D. Five-bedroom House (2,500 – 3,500 sq. ft.)
Larger five-bedroom custom homes in Denver typically range from $300,000 to $420,000, offering expansive living spaces and numerous options for customization.
Custom Home Construction Cost Breakdown
When planning a custom home construction in Denver, it’s essential to understand how the budget is typically allocated. Labor costs often consume the largest portion, followed by framing and materials. Here’s a general breakdown of costs:
- Labor: (21% Budget)
- Framing: (16% Budget)
- Cabinets and Countertops: (9% Budget)
- Foundation: (8% Budget)
- Plumbing: (8% Budget)
- Paint: (6% Budget)
- Roofing: (5% Budget)
- Electrical: (5% Budget)
- Lighting Fixtures: (4% Budget)
- Landscaping: (4% Budget)
- Siding: (5% Budget)
- Flooring: (3% Budget)
- Driveway: (3% Budget)
- Doors and Windows: (3% Budget)
- Excavation: (3% Budget)
- Miscellaneous: (4% Budget)
How Much Does Custom Home Construction Permit Cost In Denver?
In Denver, obtaining the necessary permits for custom home construction is a crucial step in the building process. The cost of permits can vary depending on the project’s scope and complexity. On average, custom home construction permits in Denver range from $200 to $2,500. It’s important to factor in these costs when budgeting for your new home project.
| Valuation | Permit Fee |
|---|---|
| $1 to $500 | $20 |
| $501 to $2,000 | $35 |
| $2,001 to $25,000 | $35 for the first $2,000 plus $8 for each additional $1,000 or fraction thereof |
| $25,001 to $50,000 | $220 for the first $25,000 plus $8 for each additional $1,000 or fraction thereof |
| $50,001 to $100,000 | $420 for the first $50,000 plus $7 for each additional $1,000 or fraction thereof |
| $100,001 to $500,000 | $770 for the first $100,000 plus $5.60 for each additional $1,000 or fraction thereof |
| $500,001 to $1,000,000 | $3,010 for the first $500,000 plus $4.75 for each additional $1,000 or fraction thereof |
| Over $1,000,000 | $5,385 for the first $1,000,000 plus $3.65 for each additional $1,000 or fraction thereof |
Additional Fees:
- Same-Day Plan Review:
20% of the Permit Fee, minimum $100 for projects valued over $2,000 - Reinspection Fee:
$100.00 per hour - Inspection Outside Normal Hours:
$100.00 per hour, two-hour minimum
Special Modifications:
- Two-Phase Construction Permits:
Permit Fee + 25% - Three or More Phase Construction Permits:
Permit Fee + 50%
Request A Quote For Your Denver Custom Home Construction
Ready to turn your dream home into reality? Colorado Builders Group is one of the leading Denver custom home builders, with expertise in every aspect of custom home construction. Our experienced team can guide you through every step of the process, from initial design to final construction. Contact us today for a personalized quote and let’s start building your perfect home together!
