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Old 10-02-2013, 03:36 PM   #1
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Demolish and rebuild

Hi All,

I just have a general question and any approximations would be greatly appreciated.

I live in Bergen County, NJ. I have a lot size of approx 1/2 acre. There is currently a home about 1,800 sqft. It has a basement, 1st, 2nd floor and attic.

How much would it cost to demolish existing home and rebuild a new home? I do own the land.

Around 200K? No need for high end fixtures but don't want cheap ones either.

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Old 10-02-2013, 05:07 PM   #2
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Any guesses your likely to get are useless.
Only about 100 plus different things that could effect the answers.
Your question is like asking how much does a car cost.
When posting in forums, letting us know your location will help others give better feedback/advice/solutions to your questions
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Old 10-03-2013, 07:48 PM   #3
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I'd do it for $787,642. That's not counting the bribes to local officials (it's NJ we're talking about, after all).
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Old 10-04-2013, 05:31 AM   #4
Bill Kearney
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You'd want to find out what local costs are to build, it's typically figured per square foot. Some areas are higher than others. That gives you a ballpark estimate. All the little upgrades add up. A good rule of thumb is whatever your initial estimate is, have at least 20% more ready to deal with various issues and upgrades along the way.

A quick search brought up this online cost calculator:

I probably missed a few details, but their numbers on it for a 'class 3' 1800sqft came in around $320k. Stepping down to their 'class 5' came in around $200k. Now, what exactly makes the difference between a $100/sqft house vs $175 is all about the details.
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Old 10-04-2013, 08:38 AM   #5
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