How Much Money Do You Need to Construct Your Dream Home?

Constructing your dream home enables you to customize it. That’s because you take control of the design and construction process. You decide the materials that are used to build your home and how the process is completed. But, how much will you spend on the construction of your dream home? Here is a breakdown of the amount of money that you will need to build your dream home. 


Pouring concrete foundation will cost you between $4,500 and $21,000. A simple slab will cost you less than this. However, the cost will increase if you decide to build a basement that you can furnish later. That’s because you will need rebar reinforcement, more materials, and excavation. 

Fixtures and Finishes 

Marble floor tiles and granite countertops are the most coveted options. However, these are high-end options whose costs vary from $40 to $100 per square foot. You will also spend more money if you choose hardwood flooring. Therefore, think about the costs of these aesthetics when budgeting for your home. 


The installation of a new roof will cost you around $7,311. However, this price can be higher if you choose higher-end options. The installation of energy-efficient solar panels, for instance, will cost you between $10,000 and $15,000 depending on your location. 


The cost of major appliances will vary from $50 to thousands of dollars. What’s more, you will incur the costs of plumbing and wiring. These costs should be factored into the budget before constructing a home. 

Additional Features 

A porch or a deck will cost you up to $20,000. If you need an indoor pool, be ready to spend a minimum of $28,000 on it. You can spend up to $1,000 on sod. Essentially, these additional features will increase the cost of building your dream home. 

You will spend more on the construction of your home if you have an expensive taste. The exterior and interior finishes will impact your budget significantly. Nevertheless, careful planning and budgeting will make constructing your dream home a smooth experience.