Volume 13, Issue 1 - January/February 2012

Industry Indices


Survey Shows Cost of Windows Remains Steady in Single-Family Construction


The National Association of Homebuilders (NAHB) has published its latest construction cost survey. According to the surveydata, while the average price of a single-family home has dropped over the last two years, the share of that price, which goes to construction cost and finished lot cost, has not changed significantly.

The survey also takes a look at how the cost of building materials, including doors and windows, has changed. It notes that the average cost for windows is $6,148 (3.3 percent), while the average cost of exterior doors is $2,150 (1.2 percent).

The average price of a new single-family home, according to the survey, was $310,619, down from $377,624 in 2009. In 2011, the cost of constructionaccounted for nearly 60 percent of the final sales price of an average home, while the cost of the finished lot accounted for 22 percent.

 


 

 

 

 

 

 

DWM
Copyright 2012 Key Communications Inc. All rights reserved.
No reproduction of any type without expressed written permission.