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How much does it cost to build a timber frame home? The cost of a timber frame generally runs between $50K and $150K depending on the size and complexity of the frame. In general, the final turnkey cost for a home that includes timber-framing runs between $200 and $225 per square foot.
1 A reasonable estimate for house building lumber costs is somewhere around $15 to $30 per square foot. 2  For an average sized home, this works out to approximately $35 to $55,000 (this price also includes the price of nails, etc.). This is especially true in todayâs environment of rising prices. 2  A reasonable estimate for house building lumber costs is somewhere around $15 to $30 per square foot. 3  For an average sized home, this works out to approximately $35 to $55,000 (this price also includes the price of nails, etc.).