RE/MAX Escarpment
Languages
Specialties
Business Opportunities, Buyers, Condominiums, Downsizing, First Time Buyers, First Time Sellers, Investments, Multi-Family, New Builds, New Construction, Relocation, Rentals, Residential, Sellers
Locations
Ancaster, Brantford, Burlington, Caledonia, Dundas, Grimsby, Hamilton, Milton, Niagara Falls, Niagara-on-the-Lake, Oakville, St. Catharines, Stoney Creek, Thorold, Waterdown
Jun 05, 2025
Ever wondered what it really costs to build a house in Canada?
You're definitely not alone! With housing inventory still tight in many places, building from the ground up is a dream for many โ especially when you get to customize every single detail. ๐กโจ
But let's be honest, alongside the excitement, there can be some headaches! We're talking rising costs for labor, materials, and overall construction. On average, you're looking at anywhere from $100 to $300 per square foot across Canada, but this can vary wildly depending on your location and the type of home you're building. Think Vancouver vs. Winnipeg โ big difference!
For a peek at some major city estimates (cost per square foot for single-family homes with unfinished basements):
While construction costs have stabilized a bit lately, things like potential tariffs and upcoming building code revisions could still shake things up. It's a complex landscape!
Thinking about financing? Yes, there are Home Construction and Self-Build Mortgages available, but they're a bit different from your standard mortgage (think higher interest rates for land loans and larger down payments). Always best to chat with a mortgage pro!
And how long does it take? If everything goes smoothly (and let's be real, it often doesn't!), you're looking at 10-16 months, not including land prep. Weather, material delays, and even delayed decisions can all add time.
Want to save some cash on your build? Here are a few pro tips:
Building your dream home is a huge undertaking, but knowing what to expect can make all the difference. What are your thoughts on building vs. buying resale? Let us know in the comments! ๐