As a contractor, pricing a home addition effectively requires a thorough understanding of the materials, labor, and overhead costs involved. Current estimates for additions range from $250 to $400 per square foot. For a more refined price, you might consider typical projects costing around $250 to $290 per square foot depending on the region and specifics of the job.
When setting your prices, remember to break down the costs into components: materials, labor, and your profit margin. Ensure that you adjust for any special requirements, like structural reinforcements for second-story additions, which could significantly impact your base price.
