Building Costs Per Square Foot in the State of Vermont, USA

Vermont 31 Bradley Bow Road Lot 11 Jericho VT05465 - 4 Bed and 3 Baths with 2 Attached Garages on Gross Floor Area 2,516 sqft - Built in 2022 - Price $1,150,000 (6)

Under Construction – Newly Built House in Vermont 31 Bradley Bow Road Lot 11 Jericho VT05465 – 4 Bed and 3 Baths with 2 Attached Garages on Gross Floor Area 2,516 sqft – Built in 2022 – Price $1,150,000 (6)

Residential Construction Market Analysis in the State of Vermont, USA

Building costs are 5% below the national average in the state of Vermont, and equivalent to the states of Florida, Maine, Oklahoma and West Virginia. Known for being a New England state with an independent spirit, Vermont has stunning scenery in the fall and dozens of snow-covered ski slopes all winter long.

Notable areas in Vermont include Burlington and Montpelier, but even the largest cities in the state are relatively small. Quaint towns like Norwich, Charlotte, and Shelburne are popular destinations for families due to their small-town atmosphere and excellent public schools.

As a result of the COVID-19 pandemic, a greater number of families and people, in general, are looking for houses in quieter places, to get away from the hustle and bustle of the city and be close to nature. This makes Vermont seem like an ideal choice, but unfortunately, it’s not a well-known state, and many people tend to forget about it.

If you are one of those people who do not know much about Vermont or are considering buying a property in that state, then you are in the right place. Keep scrolling down this article as here we will cover everything about the real estate market in Vermont in relation to residential construction. You will be able to learn more about its constructions, its values, and the real estate projects that are coming in the future.

Vermont Construction Outlook

Vermont, also known as the “Green Mountain State”, is the perfect state for people who are introverted or who enjoy peace and quiet. It is a state where you are always surrounded by nature but within the comfort of a cozy small town (even when you are in its biggest cities).

Its capital is Montpelier and other important cities are Burlington, Rutland, and Barre it has a population of just 625 thousand inhabitants, making it the second least populated state in the entire country, only behind Wyoming.

Their houses are small, made of brick or wood, with a colonial style of English and French influence. Although it has the four seasons of the year well marked, they are not usually extreme climates, although it does have intense snow in the mountainous part and, in general, throughout the state. For this reason, properties are usually built to withstand all this, and with steep roofs so that when the snow melts it can drain easily.

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