Cost to Build a House in Memphis, Tennessee

Memphis construction costs are 88% of the national average.

Cost to Build a House in Memphis, Tennessee

2,000 sq ft
50010,000

Estimated Cost Range

$307,930-$376,358

Cost Per Sq. Ft.

$171/sq ft

Location Factor

88%

*Estimates include materials, labor, and contractor fees. Actual costs may vary based on specific site conditions and market rates.

Construction Cost Breakdown

Where does the money go? Here is a typical breakdown of costs for new home construction in the Memphis area.

Materials (Lumber, Concrete, etc.)~50%
Labor (Framing, Plumbing, Electrical)~30-40%
Permits, Inspections & Fees~3-5%
Architect & Design Fees~10-15%

About Building in Memphis

Building a home in Memphis requires careful planning. The local market factor of 88 reflects the regional costs of labor and materials compared to the national baseline. Be sure to account for local zoning laws, weather conditions that might affect the construction timeline, and the availability of qualified contractors in Tennessee.

Frequently Asked Questions

How much does it cost to build a house in Memphis?

The cost to build a house in Memphis typically ranges depending on the size and quality of finishes. Our calculator estimates costs based on local market factors relative to the national average.

Is it cheaper to buy or build in Memphis?

Building a custom home in Memphis allows for full personalization but may cost more than buying an existing home. Use our estimator to budget your project accurately.

What are the main cost factors in Tennessee?

Key factors in Tennessee include local labor rates, material availability, and permit fees. The location factor of 88 reflects these regional differences.