Costs of Building a House in Oklahoma

Building your dream home in Oklahoma is an exciting endeavor, but it’s essential to be well-informed about the costs involved. The average cost of construction in 2022 stands at $110.87 per square foot, with a range between $89.23 and $132.5 per square foot. However, several factors influence the final cost, including location, contractor choice, home size, materials, and labor. In this comprehensive guide, we’ll delve into the various aspects that contribute to the overall expense of building a house in Oklahoma.

Factors Influencing Costs:

1. Location Matters: Oklahoma offers a diverse range of cities and regions, each with its unique cost considerations. Major cities like Oklahoma City, Tulsa, and Lawton offer excellent employment opportunities and living standards. Additionally, those who cherish proximity to nature can find suitable options in the state.
2. House Size and Costs: The size of your home significantly impacts the overall expense. Here’s a breakdown of costs based on square footage:
   • 1000 sq. ft: $89,230 – $132,500 (Average: $110,870)
   • 1500 sq. ft: $133,845 – $198,750 (Average: $166,305)
   • 2000 sq. ft: $178,460 – $265,000 (Average: $221,740)
   • …

   Note: These figures represent averages, with the final cost subject to specific project decisions and considerations.

3. City-Specific Costs: Different cities in Oklahoma may have varying construction costs. For example:
   • Edmond: $113.87 per sq. ft
   • Enid: $115.14 per sq. ft
   • Muskogee: $105.79 per sq. ft
   • …

   The cost of building a house in Oklahoma can range from the least expensive city, Muskogee, to the pricier options like Lawton and Enid.

4. Building Code and Permits: Obtaining the necessary permits and adhering to building codes is crucial. Failure to do so can result in delays, fines, and legal complications. Permits typically incur a nominal inspection fee.

Cost Breakdown:

1. Material Costs: Building materials account for a significant portion of the budget, ranging from 30% to 50% of the total expenditure. The type and quality of materials chosen impact the final cost.
2. Labor Costs: Skilled labor is essential for turning blueprints into reality. The higher the skill level, the higher the labor cost, which can range from 30% to 60% of the total budget.
3. Other Related Costs: Additional expenses include administrative, design, and permit costs (10% to 15% of the budget) and installing major utility systems (20% to 25% of the budget). If purchasing land through a realtor, a commission fee of 5% to 6% applies.

DIY or Contractor:

Managing a construction project is complex, and hiring a contractor is often the most efficient choice. While it incurs extra costs (average of $1,500), it saves time and ensures professional expertise.

Can I Build My Own House in Oklahoma?

Oklahoma offers various zoning areas suitable for self-built homes. However, it’s crucial to obtain the necessary permits and adhere to local regulations. Check with your city or county for specific requirements.

Conclusion:

Building a house in Oklahoma is a significant investment, and being aware of the various cost factors is crucial for informed decision-making. By considering location, size, and other relevant elements, you can embark on your construction project with confidence. If you have any questions or need further assistance, feel free to reach out.