It’s a fair question and one builders answer carefully.
Price per square foot can vary significantly depending on the materials and finishes you choose. An oven alone can range from $1,200 to $36,000. Those decisions dramatically affect the final number, and we never want to give a figure that sets the wrong expectations.
That said, we’re currently building very nice custom homes in the $300 per square foot range for living space. This does not include the cost of the lot.
For example, if you purchase a $100,000 lot and build a 3,000 sq ft home at $300 per square foot, you’re looking at roughly a $1,000,000 total investment ($100,000 lot + $900,000 build).