House Construction Cost Calculator

When you think about constructing a new house probable there is one question hit in our mind that what would be the cost of construction. This common question arises in our mind when we decide on building a new home.
To know the approximate cost of construction we start searching for a source where we can calculate or get the cost of construction. There is many reasons we won’t know that the cost like,
I have enough fund for construction
Should I have to take a loan for construction?
How many funds are lacking for construction
Construction cost gives a prior idea to arrange the fund.
Sometimes, we want to know the construction cost for comparing the cost given by contractors and it is the right way of thinking to compare cost. That because many contractors tell too much high cost than the actual cost of construction. But with proper knowledge about house construction cost and how it is calculated, we can avoid this kind of fraud.
So, I am going to help you and all who want to know, what will be the approximate cost of construction of their house. I am sharing some self-experience data and analysis so you can understand how the cost is calculated.
I am sharing a house construction cost calculator application with you. It is a simple and one-click calculation application.
How? Construction Cost is calculated.
As you decide to build a new house and search for contractors to get information about the construction rate in your area.
What is Construction Rate?
it is cost or money charged by a builder or contractor for 1 sq. ft. construction in your area.
Construction rate per sq. ft. are changed from location to location depends on the availability of local construction material. For if you are constructing a house in an urban area where construction materials are easily available at a competitive rate, the rate of construction area lower.
On the other hand, if you are constructing any structure in a rural area where the availability of construction material is less and there is a need for transportation, the rate of construction will go higher.
For example,
The average cost of construction is about 800 to 1200 Rs. per sq. ft.
Sometimes it splits into the following categories,
1.
For Normal Quality Construction = 800 Rs./ Sq. ft.
2.
For Medium Quality Construction = 1000 Rs./ Sq. ft.
3.
For High Quality Construction = 1200 to 1500 Rs. / Sq. ft.
So, if you are having 800 sq. ft area and you want constructing a normal quality construction the rate of construction per will be around 1000 rs. per sq. ft.
Cost of construction = Area of plot x Construction rate per Sq. ft.
= 800 x 1000 = 8,00,000 Rs. (including all labor and materials cost)
How to Use An Application:
1) Enter Your area of plot in sq ft (If you have size then multiple length and width with each other to get an area of the plot).
2) Enter Construction Rate in Rupee.
3) Click on Calculate Button.
Result:
It will show you the following details
1) Total House Construction Cost
2) Various Material and Their Cost
3) Cost of Material (65%)
4) Cost of Labour (25%)
5) Engineer / Architect Fees (10%)
Important Note: This is just approximate costing of house construction cost. Their many factors that affect in calculating the construction cost of any house like location, material availability, labor rate, material cost, and types of structure. This app will give approx. the idea about the cost of the house. We are not responsible for any kind of loss and mistake did by using this app.