New Home Labor Costs?

 
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Old 09-12-2008, 07:58 PM   #1
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New Home Labor Costs?


We have discussed this before, but I am curious what builders are seeing now in regards to what percentage of a new home's construction cost is labor. It will be interesting to see where we are, since our sq/ft charge average is lower then other markets. New construction here is running $70 to $105, typical.
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Old 09-12-2008, 08:47 PM   #2
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Re: New Home Labor Costs?


250-300 sf

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Old 09-12-2008, 08:56 PM   #3
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Re: New Home Labor Costs?


Labor costs are at all time low with all the competition for jobs. I lost several jobs lately bidding really low almost at my cost and still cannot compete with unlicensed hacks. I asked the workers on a job I was underbid on recently and their boss pays them $35 a day.
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Old 09-12-2008, 09:07 PM   #4
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Re: New Home Labor Costs?


What I am really getting at is what percentage of new construction is labor?
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Old 09-12-2008, 09:08 PM   #5
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Re: New Home Labor Costs?


Varies but, about 60% is labor
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Old 09-12-2008, 09:09 PM   #6
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Re: New Home Labor Costs?


In this area, 50% is typical.
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Old 09-12-2008, 09:52 PM   #7
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Re: New Home Labor Costs?


Quote:
Originally Posted by joasis View Post
We have discussed this before, but I am curious what builders are seeing now in regards to what percentage of a new home's construction cost is labor. It will be interesting to see where we are, since our sq/ft charge average is lower then other markets. New construction here is running $70 to $105, typical.

Are you serious about that???? What is included in those numbers??? I can't do a pile of crap starter home for under $110 a foot here in Utah. That includes everything though...permits, profit, overhead, etc etc etc. Customs are $125-150 a foot all day long. I haven't built anything for $70 a foot....EVER!!!! And I've been building homes for 15 years. Cheapest I've ever been on a home was $80.00. I guess things are just a little more spendy here.
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Old 09-13-2008, 03:49 PM   #8
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Re: New Home Labor Costs?


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Originally Posted by NICKPAUS View Post
Labor costs are at all time low with all the competition for jobs. I lost several jobs lately bidding really low almost at my cost and still cannot compete with unlicensed hacks. I asked the workers on a job I was underbid on recently and their boss pays them $35 a day.
$35/day? I'm assuming you had to ask them the question in Spanish?
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Old 09-13-2008, 03:54 PM   #9
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$35/day? I'm assuming you had to ask them the question in Spanish?
lol no entiende!!!
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Old 09-13-2008, 03:58 PM   #10
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Re: New Home Labor Costs?


You better ask the question in Spanish if you want an accurate answer. They speak 2 lanuages at least and you are at a disadvantage if you speak or accurately understand just one.

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