Easy steps to create a color palette
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What is a color palette?
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Don’t overspend on growth marketing without good retention rates
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What’s the ideal customer retention rate?
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Next steps to increase your customer retention
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Introduction
Building a fully customized home is a dream for many, but one of the first questions on every homeowner’s mind is: What’s the cost to build a custom home? The price of a new home depends on several factors, including location, design, materials, and level of customization. Whether you’re considering a simple build or a luxury home, understanding pricing factors can help you plan effectively so you can turn your dream home into reality!
Understanding Custom Home Pricing
There’s a strategy when it comes to the design & build of custom homes in Reno, NV. Don't worry, we’ll simplify everything for you in this blog: cost calculators, trends, and finding the right contractor to transform your home.
The cost of developing a house varies significantly based on things like the size of the home, the quality of materials, necessary permits, and the complexity of the build. On average, the custom home price per square foot in Reno ranges from $150 for simple homes to about $300 or more for luxury home builds that require additional customization and complex designs. The cost can also fluctuate depending on labor costs.
- Simple home builds: Basic finishes, standard materials, and efficient design. Costs typically range from $150 to $250 per square foot.
- Luxury Home Builds: High-end materials, custom designs, and premium features like smart home technology. These homes start at around $300 per square foot and can exceed $500.
Custom Home Build Calculator
Quality homes built with care and smart planning are essential for a good return on investment (ROI) on your home customization. Here’s our cost calculator to help you find a ballpark estimate.
*This is simply a ballpark estimate based on recent Reno market data
You can also request a quote from us to get an even more accurate picture of what your dream home is going to cost.
National vs. Local Costs
The cost to build a new home also varies by region. Nationally, the cost of building a house can range between $200,000 for a modest build to over $1 million for a luxury property. So, how much does it cost to build a house in Reno, NV? Current estimates suggest $300 to $500 per square foot, depending on location and materials.
Urban vs. Rural Build Costs
Where you choose to build significantly affects pricing. Urban homes often cost more due to land prices and permit fees, while rural builds may face challenges like:
- Utility Access: Connecting electricity, water, and sewage in rural areas can be costly.
- Labor Costs: Fewer contractors in rural regions can lead to higher labor expenses.
- Material Transportation: Delivering materials to remote locations increases costs.
That said, rural properties sometimes offer larger plots at lower land prices, making them attractive for those prioritizing space over convenience.
Reno Home Market Trends and Data Insights
Recent market data in Reno reveals strong trends toward growth and quality home improvements. In December 2024, the median home price reached $512,450 with a 2.5% year-over-year increase. In January 2025, the median sold price was $575,114, up 7% from the previous year. The average home price is now $516,000, reflecting a 4.9% yearly increase. Over the past five years, home values in Reno have risen by about 51.94%. These trends reveal the investment opportunity in custom builds and remodeling projects.
How to Plan a House Build
A well-thought-out approach ensures a smooth building process. Use this home-build checklist to help you complete a successful build
✅Set a realistic budget and secure financing.
✅Choose a reputable builder experienced in constructing custom homes
✅Select a design that aligns with both your needs and budget.
✅Obtain necessary permits and approvals.
✅Monitor construction progress and stay flexible for adjustments.
Steps to Choose the Right Contractor
Choosing the best contractor in Reno is the most important part of any home project. Here’s a guide to choosing the right one. Begin by researching local options and comparing the number of years of experience. Check credentials and review past work to guarantee quality. Scheduling consultations will help you decide on the best fit for your needs.
Is a Custom Home Right for You?
If you have specific design preferences and want full control over your home’s layout and features, a custom home is an excellent choice. Understanding custom home pricing and researching the cost of building a house in Reno will help you make an informed decision. Whether you’re looking for a modest new build or a high-end property, working with an experienced builder ensures you get the best value for your investment.
Conclusion
Whether you're looking to build a custom home or add a new home addition, it can be a stressful process- but it doesn't have to be. We are here to make sure you have the resources to make the right decision. If you're looking to find the exact cost of your dream home, we will give you an estimate for free.
