Calculating the cost of constructing a 3-story house with an area of 60m2 starts with determining the total construction area of the entire project. This important initial step is carried out by determining the built-up area of each floor as well as factors such as the foundation, roof, and yard, according to N&N Home construction experts.
For a 60m2, 3-story house, the total construction area includes: the area of each floor (60m2 for each floor), the area of the foundation depending on the type of construction (50% for strip foundation and 70% for raft foundation), the area of the roof depending on the type of roof (30% for metal roof and 70% for tile roof), and the yard area (50% of the total floor area).
Although the cost of constructing a 60m2, 3-story house can be calculated using a formula, the cost depends on factors such as the price of materials and the market at the time of construction.
The total construction area of a 60m2 3-story house is calculated by adding up the areas of all the elements, for example: 60m2 + 60m2 + 60m2 + 30m2 + 30m2 + 42m2 = 282m2.
Having a good understanding of the construction area allows for more flexible and accurate cost estimation. The cost of constructing a 60m2, 3-story house depends on factors such as the construction period, construction area, contractor, and material supplier.
According to references, the cost of constructing a 3-story house per square meter ranges from 3.3 – 4.5 million VND/m2, while the cost for a turnkey 3-story house can range from 5.5 – 9.5 million VND/m2 depending on the type of dwelling.
Based on a simple formula, the cost of rough construction and turnkey construction can be calculated by multiplying the total construction area by the corresponding price. For example, the cost of rough construction for a 60m2, 3-story house is equal to 282m2 x 4 million VND = 1.28 billion VND; and the cost of turnkey construction is equal to 282m2 x 8 million VND = 2.256 billion VND.
The construction price per square meter is usually calculated by the construction company and communicated to the homeowner. This price depends on market factors at the time of construction. It does not include clean-up work or site preparation.
Understanding the cost calculation process for a 60m2, 3-story house will provide investors with a better overview and preparation for their project.
