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    • Land
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    Purchasing land is arguably the most significant cost you’ll encounter when constructing your own home. A small lot in a city like Regina, Saskatchewan, might cost you less than $15,000, but a lot in the Greater Toronto Area is likely to cost hundreds of thousands. If you’re buying a lot that already has a home on it, a common practice when buildin...

    Where you plan to build can also greatly impact price. Higher labour and material costs in major centres typically mean you’ll pay more to build in big cities than in the suburbs or rural areas, although a lack of tradespeople or contractors in a remote area could lead to higher prices there, too.

    The size and type of houseyou intend to build are also significant factors in the overall cost. Building a two-story home, for example, will cost more than a single story since additional materials and labour will be required. Same goes if you want extra bedrooms and bathrooms. And don’t forget about the exterior. For amenities like a pool, veranda...

    When building a home, you’ll likely deal with multiple professionals: architects, plumbers, electricians, general contractors and roofers, just to name a few. Some estimates peg the cost of a general contractor at around 10% to 20% of a build’s overall cost. You’ll likely have to pay a deposit to secure your contractor’s services. Expect to pay at ...

    When building a home, you’ll have to select materials at every step of the process. Every material you choose has a cost. The higher the quality, the more you can expect to pay. Copper pipes or polyvinyl chloride for the plumbing? Granite or laminate for the kitchen counter? Brick or vinyl for the exterior? Each of those decisions could add hundred...

    Constructing a home requires you to meet the building regulations set by your municipal and provincial governments. That means applying — and paying — for building permits, the cost of which will vary by city. If you want to see just how many different permitting costs there can be, check out this 2023 schedule of permit fees for buildersin Vancouv...

    • CAN-legal@nerdwallet.com
  2. Jan 18, 2024 · The estimates vary, but the average price to construct a single-family house in Canada will range from $100 to $300 per square foot. Of course, it does depend on where you live.

    • How much does it cost to build a house in Canada?1
    • How much does it cost to build a house in Canada?2
    • How much does it cost to build a house in Canada?3
    • How much does it cost to build a house in Canada?4
    • How much does it cost to build a house in Canada?5
  3. May 25, 2023 · The cost of building a house can vary significantly depending on the region and city you plan to build. Using data from the 2023 Canadian Cost Guide published by Altus Group, we’ve estimated the average cost of building houses of various sizes in several major Canadian cities.

    • Mortgage Content Expert
  4. Oct 23, 2023 · The average cost to build a production single-family home ranges from as low as $135 per square foot in Halifax to as high as $250 per square foot in Vancouver. An average single-family home in Toronto would cost around $577,000 to build, while it would cost around $475,000 in Vancouver.

  5. Mar 19, 2021 · Average cost of building a house in Canada. On average, to build a 2,500 square foot detached house in Canada, you will spend between $720,000 and $890,000. The cost will change depending on where you are building your home.

  6. Apr 15, 2022 · While the cost of building a house varies between provinces and due to other factors, you can expect prices to range between $120 and $250 per square foot. If we average this to $185, it costs you approximately $370,000 to build a 2,000-square-foot home in Canada.

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