Labor Vesus Material On Custom Homes

DoubleJ

Anyone have average labor percent versus material percent on a high end custom home? My liability insurer wanted the estimated breakout for pricing purposes. I didn't know if a 50/50 split was about average.

woodmagman

For insurance and liability purposes, a good rule of thumb is to take all the cost for material that you have accrued, multiply this figure by one hundred, then divide this by the total cost of labour….I hope this helps you to get a more clarified figure…

DoubleJ

I've only built one home. I kept good records of the overal costs of each part of the home, but I didn't keep records of the breakout of materials and labor. I was wondering if anyone had their average percent breakdown of labor and material on custom homes they have built, exclusive of the lot. If I had a copy of Means for residential, I could look it up, but I don't have one. I'm just looking for a ball park.

DoubleJ

Lot of folks seem to have viewed this thread, but no one has given me any actual response on the breakout. Does anyone have any idea on the breakout?

reveivl

This probably won't help you much, I do remodeling and additions on existing residences, and not at the very top end, but the materials are running a little more than 50/50, say 55/45 or a little more.

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