Dubbed the “Natural State,” Arkansas is home to stunning lakes, thermal hot springs, and breathtaking views. Because of its abundance of natural places to visit and low cost of living, many families continue to migrate to this state.
Ranked number 10 in the country’s lowest real estate tax rates, building a home in Arkansas is rather enticing. An affordable state to live in, coupled with a booming economy, Arkansas is perfect for start-up businesses.
The Average Cost to Build a House in Arkansas
Cheapest Type of House to Build per Square Foot
In Arkansas, craftsman-style bungalows are one of the cheapest home types you can build. Its lightweight structure allows it to be erected quickly and easily, allowing you to move in sooner than homes made with brick or concrete.
Home Construction Costs per Square Foot
Fast Facts
Total Home Construction
Cost Range Per Square Foot
$125.90–$503.60
Craftsman-Style Bungalow
Cost Range Per Square Foot
$125.90–$157.37
Mid-Range Home
Cost Range Per Square Foot
$157.37–$346.22
High-end or Luxury Home
Cost Range Per Square Foot
$346.22–$503.60
Total Home Construction Cost Range
$125.90–$503.60 per square foot
The cost per square foot of building a house in Arkansas would take you anywhere from $ 125.90 for craftsman-style bungalows to $503.60 for high-end luxury homes.
Craftsman-Style Bungalow
$125.90–$157.37 per square foot
52.3% of homes in Arkansas are single detached units, all because of its cheap land prices.
Most homes boast an average floor area of 1,792 square feet, pegging your construction anywhere between $225,612.80 to $282,016.00.
Mid-Range Home Cost Range
$157.37–$346.22 per square foot
Concrete homes with brick tile roofing are popular in response to the climate in Arkansas. Arkansas’s humid, subtropical climate tends to get stuffy and hot. Home construction costs for a 1,792-square-meter home to range between $282,016.00 to $620,435.20.
High-end or Luxury Home Cost Range
$346.22–$503.60 per square foot
Grand colonial-style homes are typical in upscale neighborhoods in Arkansas. All these are fitted and finished with expensive materials and fixtures. High-end homes in Arkansas would cost you roughly $620,435 to $902,451.
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Construction Cost per Square Foot in Various Cities in Arkansas
Building a house in Arkansas is pretty cheap compared to other cities, with prices ranging for as low as $88 to $113.
A list of several cities and respective costs like this:
City | Cost Per Square Foot | ||
Craftsman Bungalow | Low–End | Mid-Range | High-End |
Little Rock | $100.00 | $150.00 | $400.00 |
Bentonville | $103.00 | $154.50 | $412.00 |
Hot Springs | $90.00 | $135.00 | $360.00 |
Fayetteville | $113.10 | $169.65 | $452.40 |
Jonesboro | $88.02 | $132.03 | $352.08 |
Fort Smith | $105.00 | $157.50 | $420.00 |
Springdale | $113.00 | $169.50 | $452.00 |
Conway | $90.00 | $135.00 | $360.00 |
Rogers | $100.00 | $150.00 | $400.00 |
What Constitutes Full Cost to Build a House in Arkansas?
Land Price In Arkansas
The capital of Arkansas, Little Rock, has a selection of smaller plots of land. You can find a 6,000-square-foot lot for less than $5,000. Prices could even go as low as $1,500 for a plot of land about the same size located in the city’s outskirts. Since Arkansas is a generally ‘poor’ state, large farmlands come ‘dirt cheap’ according to most residents.
Pre-construction Expenses
Site Works
Site preparation involves several jobs and tasks, including but not limited to surveying, grading, and excavation. The cost of site preparation is typically independent of construction costs. Site preparation typically adds 3-8% to the total project cost, depending on the scale and nature of the project. For example, building a home atop a boulder will cost more than building on flat land. With that said, prepare to spend at least $3.77 per square foot and, at most, $15.08 per square foot. The cost for site works will depend on the type of construction, the number of stories, and existing site conditions.
Site works approximately: $3.77–$15.08 per square foot
Professional Fees
Professional fees usually cost between 8 to 15 percent of a home’s total project cost. Asking prices can range from $11.82 to $88.68 per square foot. For a 1,792-square-foot home, professional fees cost a minimum of $21,181.44.
Professional fees approximately: $11.82–$88.68 per square foot
Building Permit Costs
Building permit fees are relatively cheap in Arkansas. A safe number to consider is somewhere between $800 to $1,800 for all the fees required for constructing your home.
Building Permit approximately: $800–$1,800
Scope of Works
Foundation
Foundation costs usually occupy 10-15% of your total construction budget. For a house with a floor area of 1,792 square feet, consider spending anywhere between $22,561 to $50,762.
Foundation works approximately: $22,561–$50,762 for a 1,792-square-foot craftsman bungalow
Framing
Lightweight framing costs start at 10-20% of the total project cost, giving you a price per square foot of $12.60 to $37.77. These estimates are all based on a 1,792-square-foot craftsman bungalow. Luxury and high-end projects would cost five times the average pricing.
Framing works approximately: $22,561–$67,683 for a 1,792-square-foot craftsman bungalow
Exterior Work/ Enclosures
Exterior work refers to the building envelope, cladding, and glazing. For glass-clad facades, the cost for these glass enclosures would also fall under this category. For a craftsman-style bungalow built of wood, a budget of $13 to $20 per square foot is a reasonable budget.
Exterior works approximately: $22,561–$67,683 for a 1,792-square-foot craftsman bungalow
Utilities
Installing your home’s electrical, plumbing, and mechanical systems can include essential elements like power, lights, water, heat, and more complex ones like sewer lines and ventilation systems. Utility costs can range from 10-15% of your final project cost.
Utilities approximately: $22,561–$50,762 for a 1,792-square-foot craftsman bungalow
Read also: Best Solar Installers Arkansas
Interior Finishes and Fixtures
Consider a budget of 25-35% for interior work. Another way to estimate the cost for your interior finishes is to combine all rough works: foundation, framing, and exterior. The price will approximately reflect how much you will spend finishing your project.
Low-cost finishes usually start at $31 per square meter. It usually includes no design element and is limited to flooring, walls, and ceiling alone. If you wish to build lovely kitchens, beautiful trim, and exquisite cabinetry, consider a budget of $66 and above per square foot.
Interior finishes approximately: $56,403–$118,446 for a 1,792 square foot craftsman bungalow
Labor costs
The labor cost usually represents anywhere from 35 to 50 percent of total project costs, with the exact percentage depending on the type of work involved. Rough or pre-finishing works run generally around 35 to 40 percent of the final price. Finishing jobs are closer to 41 to 50 percent of the total.
Labor cost approximately: $44–$94.00 per square foot, all dependent on the type of house and scope of works
Home Addition Costs In Arkansas
To understand how much home addition and renovation projects will cost, you should first examine the scope of work needed to construct your home. You’ll also need to identify if there will be a need for additional foundation and framing works. The cost for home addition projects is pretty much the same based on a per-square-foot price, with a total amount usually smaller than building a new home since most home addition projects work within a smaller floor area.
Hidden Costs
Homeowners’ Association Fees
Consider the homeowners’ association fees necessary for your home. If you are building a house in a planned development with strict regulations, you will usually have to submit plans for approval. Prices vary, so contacting your HOA for actual figures would be best.
Landscaping Costs
10% of your construction cost is a feasible budget for an average landscaping job for your home, including all yards and sides. If you were working with a home construction budget of $225,612 for a 1,792-square-meter home, it would be reasonable to spend around $20,000 on landscaping.
Landscaping costs approximately: $20,000 lump sum
Driveway Costs
A plain concrete driveway installation in Arkansas ranges from $3.16 to $6.32 per square foot. An upgrade to concrete would be concrete pavements, which cost $8.41 to $10.77.
Driveway cost approximately: $3.16–$10.77 per square foot
Perimeter Fence
Depending on the type of fence you wish to install, it could go as low as $15 and as high as $60 per linear foot. Perimeter fence options ranging from wood, vinyl, wrought iron, chain-link, and concrete.
Perimeter Fence approximately: $15–$60 per linear foot.