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Professional builders know the current cost to build a new home is $89 to $160 per sq ft, or more, depending on the homeâs size, design, quality, and location. These costs per square foot do not include the cost of land, financing costs, builderâs overhead and general expenses, marketing costs, sales commission, or profit.
  The answer depends on the region you will build in and the quality and type of materials used. On average, the cost per square foot to build an average home is $125 per â¦ square foot.  There are some builders, who build what is called formula homes. Based on current material costs and actual inspections, building costs range from $200 sq. ft to as high as $300 based on the quality and finish of the home. Coastal hom â¦ es typically are higher due to increased engineering costs (coastal area).