We finished construction of The Tear-Down House (our new construction project in Atlanta) about two months ago. Ultimately, the house ended up being 2672 square feet of finished space, which was a good bit bigger than we had originally designed and anticipated. But, our final cost on this one ended up surprising both my partner and myself.
The total cost to for tearing down the existing house, getting drawings/permits and building the new house came in just over $160,000, which put the per-square-foot cost at right about $60/square foot. Most of the big builders in Atlanta are building for $58-63 per square foot, and this puts us right within that range, which is quite an accomplishment as far as I’m concerned.
Here is a final breakdown of the costs: