Building Costs Per Square Metre in Mexico – Turner & Townsend Statistics

4 Bedroom Mansion Mexico City, Ciudad de Mexico, 04100 Mexico (5)

$13,000,000


22,690 Sq Ft.
0.82 Acre(s) – 4 Bedroom Mansion in Mexico City, Ciudad de Mexico, 04100 Mexico (5)

Cost of building a house in Mexico

 The dream of having your own home is something shared by thousands of people in the world. But something even better is to have a house that you have been able to build yourself, according to your economic capabilities.

Building a house to your measure is not an easy task, and less in the cases of the middle or lower class. For this reason, in this article, we will tell you what the costs of building a house in Mexico are, what type of houses can be built, and what are the real estate projects that are already working in that country.

Types of dwellings found in Mexico and their building costs.

Mexico is one of the countries in the world that offers greater diversity in terms of the type of residential homes that can be built. This is because its population is very varied and has different types of income, which are constantly changing. Here we will show you what are the main types of homes that can be built and what their price is.

First and foremost are manufactured homes, which are very popular in middle-class residential neighbourhoods. These houses are made of bricks or other materials and are prefabricated, so they are built on the same land where you want to locate them. The maximum cost of this type of housing is 2 million Mexican pesos (101136 US dollars), although it is generally lower.

Then there are the typical brick and cement houses. These are used by the middle or upper class and are usually the most popular since they are resistant to any type of natural disaster. Mexico usually suffers from strong storms, and even earthquakes, so this is the ideal type of home to be protected. The cost can be up to 5 million Mexican pesos (252,397 dollars), in a standard size of up to 300 square metres, although this can change depending on the neighbourhood you are in.

Finally, there are houses built with wood, metal sheets, or even containers. Although they are well seen since it is a way of recycling and caring for the environment, these houses are usually built by middle-class people, who cannot afford another type of home. In addition, a problem with these homes is that they are susceptible to climate problems in Mexico. However, they have the great advantage of being very cheap, costing as little as 400 thousand Mexican pesos (20191 US dollars).

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