Construction Costs on the Lower Cape 2023

• Custom Homes:
  $550+ /SF

• Renovations:
  $400+ /SF

• Additions:
  $450+ / SF
  

Factors Influencing Costs

• High Efficiency Mechanical Systems

• New Insulation Requirements:
• R21—R25 Walls 19% increase
• R49—R60 Roofs 22% increase

• Material Cost / Availability



• Labor Shortage on Lower Cape

• Septic: Innovative/Alternative Septic Systems

• H.E.R.S. Home Energy Rating System Requirements

• Mechanical Air Exchanging

• Owners Material Choices, Finishes

• Permitting, Design, Engineering