The cost of building a residential house in Mexico It can range between $3,000,000 and $6,000,000 MXN. While a luxury house can cost from $6,000,000 MXN and up.
If you're interested in knowing how much it costs to build a house, You should calculate an average based on variables such as the type of construction, the price of the land, location, size, architectural design, materials, finishes, permits and licenses.
In projects 253 we have a portfolio of different houses in Villahermosa, Therefore, We want to explain to you each of the factors that determine how much it may cost to build your house.
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1. Price of the land
To know approximately how much it costs to build a house, you must take into account the total cost of the land. This may vary based on location, size, and characteristics.
If you want to invest in a good area of Tabasco, consider that The price per m2 can range between $10,000 and $25,000 MXN.
This range is subject to other variables such as soil quality, regulations, local rules and whether they are areas that are difficult to access for both workers and machinery.
2. Building licenses and permits
Both elements affect the final costs. Generally, They are managed by the architect when carrying out the construction work.
The cost of permits to build a house in Mexico They depend on state regulations and the municipality you are in, and also how complex the architectural project is.
The cost of building permits was found to be between $10,000 and $50,000 MXN.
3. Advanced infrastructure
Smart infrastructure costs apply if you want a type of house with security systems that require installation, these can be surveillance cameras, alarms and electric fences.
- Smart devices: Thermostats, security cameras, speakers, electric fences, motion-activated lights, automatic gates, and more. Installation costs range from 25,000 to 50,000 MXN.
- Central controllers: Some devices require a central hub to facilitate communication. This service may incur an additional cost of 1,500 to 3,000 MXN.
- Solar panels: The average cost for installation in Mexico varies depending on the supplier and system capacity. On average, a residential solar panel system costs between 100,000 and 200,000 MXN.
- Water saving systems: such as greywater or rainwater reuse systems. Incorporating these structures ranges from $20,400 to $29,000 MXN.
Some people also request integrated air conditioning and the incorporation of materials that offer thermal insulation.
If you are one of them, ask the real estate agency for an estimate of How much might it cost to include these types of services in the project?.
4. Ecology and automation
Let's suppose you want to build an eco-friendly property, that require automation of technologies and use renewable energies.
In that case, the total cost of building your house may vary. depending on the type of materials and the building's objectives.
Although there is no single model for eco-friendly homes, they do have several factors in common:
- Bioclimatic design: They have a construction system that makes the most of the resources of the environment (air currents, solar energy, etc.).
- Energy efficiency: Mechanical ventilation systems and heat recovery units may be included.
- Thermal insulation: which reduces the need to spend equity money on air conditioning.
- Natural materials, environmentally friendly and mostly recycled.
The cost of building an eco-friendly residential home depends on the materials and labor; however, It is possible to estimate a price based on the following factors:
- If it is built of wood: They are a current market trend. It's a material that brings warmth, strength, and durability to construction. The price range for building with wood is between 18,000 and 22,000 MXN/m².
- If it's made of adobe: It is used in luxurious rustic-style homes, and in addition to its aesthetic purpose, it provides thermal and acoustic insulation. The price range for this type of construction is from $4,000 to $5,500 MXN/m2.
- If they are made of straw: It's one of the most advantageous materials for home construction, as it's economical and provides good thermal insulation. You can find houses built with this material ranging from $2,000 to $8,000 MXN/m2.
- If they are prefabricated: The design of these types of properties focuses on energy efficiency and depends on the developer. The cost to build this house typically ranges from 1,650,000 to 2,550,000 MXN.
5. Construction Materials
To calculate the cost of building a house in Mexico, the materials used are taken into account. This It includes sand, cement, stones, gravel, water, steel rods, stirrups or rings, and finishes.
Material prices vary depending on quality, availability, and supplier. Consider the following information to get an estimate:
- Bag of cement: $200 and $250 MXN per unit
- Steel rods: $150 and $200 MXN per piece
- Concrete blocks: $12 and $18 MXN each
- River stone: $500 and $1,000 MXN per cubic meter
- Flagstone: $150 and $300 MXN per square meter
- Gravel: $600 and $900 MXN per cubic meter
- Water for construction: $100 and $200 MXN per cubic meter
- Sand: $500 and $700 MXN per cubic meter
- Stirrups or rings (10×10 cm): $15 and $25 MXN per piece
- Ceramic tile flooring (square meter): $150 and $300 MXN per m²
- Bathroom tile (square meter): $180 and $350 MXN per m²
- Transportation costs: Each supplier has unique rates for transporting the material to the construction site.
6. Exclusive amenities and finishes
To calculate the amount needed to build a high-end house, You also have to think about the cost of the finishes.
Luxury finishes increase the long-term value of the property. This is an advantage for those who want a property to live in as a family or as an investment property.
What types of amenities and finishes are typically included in residential projects?
- Luxury flooring and wall coverings (marble, granite, fine wood, porcelain, etc.)
- High-end appliances and stainless steel finishes
- Worktops resistant to wear and heat
- Exclusive bathrooms and faucets
- Porcelain tiles
- Outdoor kitchens
- Storage warehouses
- Swimming pools and jacuzzis
- Smart lighting
- Terraces and additional rooms
- Advanced security systems
- Smart thermostats
- Underground installations
- Yoga and meditation rooms
- Gardens and landscapes
- Paints of the highest quality
- Door and window frames
- Private gyms with state-of-the-art equipment.
7. Costs of the architectural project
This factor is key to determining the cost of building a house. The architectural project comprises the set of necessary plans, sketches, budgets and instructions that give rise to the construction of the work.
In addition to its development, keep in mind that the larger the house, the more materials it will require. This consequently increases the final costs.
Let's analyze the elements and phases of the architectural project, from its planning to its execution, in order to calculate an approximate cost:
- Architect's fees: Fees vary depending on the professional's experience, the project's location, and the construction's complexity. Generally, architects charge between 81% and 121% of the total project cost or per square meter of construction.
- Land survey: This includes a topographic survey and soil analysis. The cost of this service ranges from 1,445,000 to 1,445,000 MXN.
- Preliminary design: This includes the initial sketches. The cost of this service is usually included in an initial quote.
- Executive project design: In this phase, architectural plans (floor plans, sections, elevations, and space distribution), structural plans (foundations, beams, and columns), and building services plans (electrical, plumbing, and water systems) are estimated. The cost can range between 1,415,000 MXN/m² and 1,445,000 MXN/m².
- Construction supervision: The project manager usually charges between 5% and 10% of the total cost of the work.
To calculate the exact costs of a project, it is advisable to request a quote from a team of experts in real estate development. These types of companies plan in detail and choose strategically. their materials to avoid hidden costs.
8. Payment to workers
This expense comprises a large part of your construction budget. It's a factor that includes staff salaries and benefits. Therefore, It is important that you take the following into account:
- Unskilled labor: Helpers, laborers, and loaders. They are responsible for cleaning the site, unloading, and mixing the materials. Their daily wage ranges from 1,430 to 1,440 MXN.
- Skilled labor: Bricklayers, carpenters, plumbers, and electricians perform specialized work and installations on the property. Their daily wage ranges from 1,435 to 1,400 MXN and varies depending on the region and the professional's experience.
- Technical professionals: Resident engineers and architects. They supervise the construction and ensure precise adherence to the work plan. Their monthly salary ranges from $15,000 to $35,000 MXN, or it is calculated based on square meters of construction.
Similarly, there are certain circumstances that may be added to the payment of workers, including:
- Contract benefits
- Social Security
- Vacation and Christmas bonus
- Sunday premium
- Extra benefits such as transportation, tools and equipment.
9. Machinery rental
Renting construction machinery and equipment represents a considerable cost reduction, since You would only pay for the usage time.
Another advantage is that leasing companies usually cover maintenance and repair costs.
Below, we explain the key details for estimating rental costs:
- Heavy machinery: The daily rental of backhoes, excavators and bulldozers ranges from $3,000 to $12,000 MXN.
- Light machinery: Renting compactors can have a daily cost between $800 and $1,500 MXN.
- Transport: Dump trucks can cost between 3,500 and 6,000 MXN to rent per day. Cranes, on the other hand, can range from 10,000 to 15,000 MXN per day, which impacts your budget for building your own house.
- Rental duration: Renting on a short-term basis can be more expensive than hiring services on a monthly or project basis.
- Machine status: The new options have a higher cost.
- Location: The price depends entirely on local supply and demand.
- Operator availability: This cost is subject to the type of contract you have with the leasing company; however, it can range between $800 and $2,000 MXN per day.
- Rental arrangement: It can be per day, per week, or per project.
10. Contingencies and unforeseen events
As an additional recommendation, it is advisable to have a budget allocated for unforeseen events and contingencies that may arise during the execution of the project.
This step is crucial when estimating the construction price., because it helps you anticipate possible cost overruns in the project.
It is recommended to have an additional 15% emergency budget on top of the total value of the construction project.
Have you already calculated an average construction price?
As you may have noticed, the cost depends on several factors. Therefore, we invite you to request a personalized quote based on your specific situation.
However, it's always best to delegate the development, management, and construction of a house to expert hands, even more so when it comes to an exclusive property that requires many details and the proper management of the budget.
And it goes beyond knowing how much it costs to build a house, It's also important to know how to make a safe investment. At Proyectos 253 we have the ideal properties for you, contact us and let's talk about our available properties.
