Current construction costs (ground-up)

[John Bernardo]

What is the best way to understand current construction costs per sqft in my area?

I'm currently using the national average of $250/sf to calculate my ground-up cost, but would like to cross check that against local numbers.

Should I reach out to GC's in my area, or is there a better data source out there?

[Michael Le]

GCs are going to be your best bet. Are you calculating all-in costs or just hard costs? And of course it depends on what you're building. I'm currently pricing out around $170 PSF for garden style multifamily, which is about 30% higher than my previous project.