Building Costs Per Square Foot in the State of Virginia, USA – 2024

A newly-built 3 Bedroom House with 3 Bathrooms and 2 x Carports, Gross Floor Area 2708 sqft - on 3220 Hales Ford Road, Moneta, Virginia - Price $389,950

A newly-built 3 Bedroom House with 3 Bathrooms and 2 x Carports, Gross Floor Area 2708 sqft – on 3220 Hales Ford Road, Moneta, Virginia – Price $389,950

As of 2024, building costs in the state of Virginia are -3% below the national average. The charts below show a comparison of costs between luxury, semi-luxury, best, good, average and minimum standard single-family houses. Costs are also given for manufactured housing in five quality classes.

2024 Building Costs Per Square Foot for Single Family Homes in the State of Virginia, USA

  • Class 1 – Luxury Homes – $378.43 to $589.83 per sqft
  • Class 2 – Semi Luxury Homes – $230 to $358.46 per sqft
  • Class 3 – Best Standard Homes – $148.75 to $229.61 per sqft
  • Class 4 – Good Standard Homes – $108.50 to $169.18 per sqft
  • Class 5 – Average Standard Homes – $88.09 to $137.15 per sqft
  • Class 6 – Minimum Standard  Homes – $69.48 to $108.26 per sqft
Virginia Single Family Houses 2024 Building Costs

Virginia Single Family Houses 2024 Building Costs

2024 Building Costs Per Square Foot for Manufactured Housing in the State of Virginia, USA

Manufactured housing is composed of one or more prefabricated modular units which are delivered to the site and assembled on a RC foundation or slab.

  • Best Quality Housing – $136.17 to $156.06 per sqft
  • Good Quality Housing – $114.55 to $137.69 per sqft
  • Average Quality Housing – $92.55 to $119.91 per sqft
  • Low Average Quality Housing – $78.26 to $104.48 per sqft
  • Lowest Quality Housing – $67.14 to $92.42 per sqft
Virginia Manufactured Housing 2024 Building Costs

Virginia Manufactured Housing 2024 Building Costs

 

Residential Construction Market Analysis in the State of Virginia, USA

Building costs are 4% below the national average in the state of Virginia, and the City of Alexandria is the only expensive Zip Code to build a home in this state, with costs at 10% above the US average. The rest of the cities and towns in Virginia are quite cheap with construction costs at -4% to -12% below the national average. Building costs in Virginia are equivalent to those in the states of Alabama, Arizona, Georgia, Kentucky and North Carolina. The Residential Construction Market Analysis is very varied throughout the United States. Each state has its own laws, which end up having a different influence on what refers to different real estate projects and when it comes to building a house or building.

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