Here is a summary of the costs you should expect around a new construction project:

Professional Service Fees (typically 10-12% of construction costs)

Architectural Work Geotechnical Engineer Civil Engineer Structural Engineer Mechanical Engineer Electrical Engineer Plumbing Engineer Landscape Designer (optional) Interior Designer (optional)

Permitting Fees

The amount is usually determined by the authority having jurisdiction. Usually a percentage of construction costs.

Financing Costs

Inspection Fees

The amount is determined by the authority having jurisdiction and the engineer you have hired.

Land and Real Estate Costs

Constructions Costs

Construction Labor Construction Materials Contractor’s Equipment Utilities Contractor’s Overhead Contractor’s Profit Fixtures, Furnishings and Equipment

Insurance

Property Insurance Liability Insurance

Move-In Costs