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The Average Price Range of a New Home Build

Posted by Courtney Sims on October 3, 2018

The Average Price Range of a New Home Build Featured ImageProbably one of the most popular questions we are asked as a luxury builder is, “how much?”. This can be a tough question to answer because when it comes to home building there are always a number of factors that affect your home’s final price - especially since we offer so much flexibility! Things like lot price, base home model price, upgrades, and customizations can vary the final cost. Our prices usually range anywhere from the $480,000 mark up to approximately $700,000+ depending on these and other factors.

To give you an idea as to what you'll get for your hard-earned dollars in a Sterling home, listed below are a few of our quick possession models, their pricing, and a few details on all the great features they have to offer. From our standard models to our higher-end show home designs (with upgrades), you'll walk away with a greater sense of what you can expect when you choose Sterling as your builder. 

The Average Price Range of a New Home Build South Down Lane ImageThe Ashton A

At 1,706 square feet, this super spacious bungalow's standard plan offers high-end details at a more than affordable price. This includes three bedrooms, two bathrooms, and the option to develop the basement for an additional rec room, bedroom and full bathroom. The master suite also includes a large walk-in closet and three-piece ensuite. These features are all part of the standard plan, so you know you'll have all the great amenities you want without paying an extra dime!

Also included in the standard plan is a covered concrete front porch entrance way, 10’ high ceilings in the foyer, and a built-in gas fireplace. Having all your bedrooms on one floor is also ultra convenient! See our move-in ready model at 18 South Down Lane currently available for just $524,895! This home is available for IMMEDIATE possession and does include several upgrade options.

The Saratoga

The Saratoga D has a floor plan that will leave you wondering how we fit it all into 2,347 square feet. Slightly upgraded from the standard plan, this home includes four bedrooms, two-and-a-half bathrooms, a walk-thru pantry and a masterful ensuite bathroom. This combined with a well-planned kitchen (featuring a large island) - all come together to create the ultimate living experience. This particular quick possession home even includes a second-floor loft space in lieu of a bedroom (four bedrooms featured in the standard plan)!

To top it all off, a 22’ x 22’ garage attaches to the front of the home giving you tons of elbow room with two vehicles inside. 

There's no doubt, you will have everything you need and more in this amazing model all for $553,545!*

(This home features upgrades not part of the standard plan) 

The Average Price Range of a New Home Build Sepino C ImageThe Sepino C 

This home is a 2,204 square foot two-storey show home with three bedrooms, two-and-a-half bathrooms and loft space. The Sepino C features a large formal dining room (with cantilever) at the front of the home, spacious great room with gas fireplace, a large kitchen with an additional eating area, deluxe ensuite with freestanding soaker tub, main floor laundry and more!

Upstairs, an additional loft space is situated nearby the secondary bedrooms, a great space for a kids’ play area, homework room, or gaming room. Imagine living in a former show home for just $667,421!* 

(This home features upgrades not part of the standard plan) 

The Lowdown on Price Range

These homes are just a sampling of some of the amazing models (and prices) Sterling has to offer. In all cases, options such as a rear deck and a full basement development can be added and, in some models, optional layouts are available to better fit your needs. 

In addition, you have plenty of choices when it comes to selecting standard or fine finishes for your new home in our 4,000 square foot design centre or through a series of appointments with our high-end suppliers (as is the case with our bungalows). Various communities also hold varying starting lot prices, so be sure to select a lot that fits your overall financial plan for your new home.

Ultimately, you control the budget on your new home. Make a needs vs wants list to ensure the choices you make fit your budget. Be sure to review our recent blog posts on standard new home features you can expect and upgrades you can add to your new home build to consider all of the options that may affect your final purchase price. We’d love to chat with you about what you’re looking for, so we can create the home of your dreams for the amount you prefer to spend. 

*Quick possession prices are subject to change

Originally posted April 28, 2017, updated October 3, 2018.

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Topics: Sepino C, Saratoga D, Ashton A

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