Quote:
Originally Posted by petsetc
Another insurance thread. I am shopping my homeowners and I have gotten two quotes so far.
From Tower Hill, they say the replacement cost is at $200 sq ft.
From Kin, they say $159 sq ft.
On my 1910 sq ft house, that's a $78,000 spread????
I have google it with little success, so I am wondering if anyone has recently research a per ft cost for home replacement.
Thanks in advance.
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You'd be hard pressed to build a decent home at $200/sq. ft. these days. Admittedly, construction is more expensive in the Northeast, but residential construction there is running $300+ per square foot.
My guess for Florida and a TV type home, would be around $225-$250 sq. ft. TV builds in such volume, they can probably get their cost down around $175-$200 per sq. ft.