Which accounting assumption assumes that all accounting information is reported monthly or yearly? By definition the time period assumption presumes that the life of a company can be divided into time periods, such as months and years, and that useful reports can be prepareâ¦d for those periods. Answer is Time period assumption. 1 person found this useful.
Average new home construction costs are approximately $100 per square foot. State averages range from $75 to $130 dollars. These figures are somewhat deceptive though, as are all averages. Obviously as with all averages, some cost a lot more and some cost a lot less.
New construction for a 2000 square foot home with a simple design â average cost is $80 per square foot which equals $160,000 excluding land cost. A 2,200 square foot home with more pitch in the roof and a 3 car garage with stone facing is $90 per square foot or $198,000 excluding the cost of land.Larger homes with more amenities and ânooks and cranniesâ cost more to build.From these examples you can get a general idea of building costs.his figure can, and does, change with the size of the home, location of the home and whether the housing market is soft or not. Carl Heldmann estimates the cost of building a new home in the United States to range from $80 to $110 per square foot.