The Cost to Build a House in Massachusetts (2024)
Massachusetts’ strong economy, varied landscapes from beach to mountains, rich history, and solid educational institutions make it a sought-after destination.
Despite being known for its historic architecture, Massachusetts buyers are increasingly opting for new home construction — either in up-and-coming home developments or by purchasing property and hiring a contractor.
In a state with relatively high land prices, how does the total cost to build a house in Massachusetts shake out?
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Buyers will go the new construction route to minimize competition from other purchasers, most of whom will buy an existing home instead.
“That way, you’re not bidding with other people,” says WayLynn Garcia, an agent in Springfield, Massachusetts, who has completed more sales than the average Springfield agent by 29%.
The cost to build a new home in western Massachusetts, where Garcia works, is about $222 per square foot of living space. The increased land cost will increase this number in pricier parts of the state, closer to major metropolitan areas like Boston.
from HomeLight Blog https://www.homelight.com/blog/buyer-cost-to-build-a-house-in-massachusetts/
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