Real Estate Development
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Real estate development costs in Aurora, CO typically range from $400,000 to $500,000 for a semi-custom home, excluding land. The wide variation in costs is primarily driven by project scope, quality of materials, labor fees, and specific development impact fees for different unit types.
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Includes capital impact fees for a single-family attached or detached residential unit.
Covers initial development costs, including an average annual real estate development salary, and the lower end of construction for a new residential build, excluding land costs.
Encompasses the development of a semi-custom home (2,000 sq ft), covering higher-end construction materials and labor, excluding land.
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$2,063.68
Total Estimate Amount
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This is a Preliminary Estimate
This estimator provides a starting point based on typical jobs. Actual costs may vary based on site conditions, material availability, permit requirements, and other factors discovered during work. We recommend a site visit before providing final pricing to customers.
This estimate is based on typical job parameters. Review and adjust for your specific situation. Standard market rates for your region, mid-grade materials unless specified, standard business hours labor rates, typical job complexity without major complications, basic cleanup included in labor time.
Job complexity
Simple repairs cost less than full installations or replacements. Multi-step jobs requiring permits or inspections add to the total.
Material quality
Budget, mid-grade, and premium materials can swing the price significantly. Discuss options with your contractor to find the right balance.
Local labor rates
Labor costs vary by region, season, and demand. Urban areas and peak seasons typically have higher rates than rural or off-peak times.
Site conditions
Difficult access, older structures, code upgrades, or unexpected issues discovered during work can increase the final cost.
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Common questions about costs and estimates for this service.
Investors can reasonably expect development fees in the range of 3% to 5% of total project costs in Aurora. This includes acquisition, plus both hard and soft costs combined. General contractor fees are separate, typically ranging from 3% to 4% of hard costs only.
A 2,000 sq ft semi-custom home in Aurora, CO, could cost between $400,000 and $500,000 for construction, excluding land in 2025. This covers higher-end construction materials and labor, aligning with the premium tier of development costs.
Capital impact fees for residential projects in Aurora vary by unit type. For a single-family detached unit, the fee is $9,327, while for a single-family attached unit, it is $6,937.
As of April 2026, the average real estate development salary in Colorado is $107,540 per year, or $51.70 per hour. This can be a key labor cost to factor into initial development phases.
The basic building costs in Aurora, CO, for new residential construction range from $120 to $180 per square foot. This includes labor fees, materials, and site cleanup.