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1 It's possible to custom-build an 800-square-foot dome house for $1 million or a 12,000-square-foot rural ranch house for $400,000. 2  However, the $400,000 custom-built house is the exception rather than the rule. However, building a modest custom home in a low-cost area might drop costs as low as $100 a square foot, or $350,000 for 3,500 square feet.
The cost to build a home can vary greatly based on what part of the country you live in - for example if you live in California or New York it will be extremely more than if you live in North Carolina or Nebraska. I`ve heard a good rule of thumb for people in the MidWest is $100/sq ft.