What is your average new build cost?

[Victor Barboza]

I am currently working on a wholesale deal right now. However, the house is in very bad conditions, and will most likely have to be rebuilt. It has a 10,000 sq. ft lot, the home itself is only about 800 sq. ft. But assuming you add some square footage, roughly to about 1200-1400 sq ft. what is your average new build cost for that size?

I have not worked with a property before that has to be a new build, this one however, I know does. I am in the Phoenix area, new builds in the area where the home is are selling for about 400-500K. Getting an average new build price will help me structure this deal, and see where I need to be at or get a better understanding. Thank you! 

[Aaron R.]

@Victor Barboza I have been doing new construction in Central Phx. For me if my sale price is 500k, there is an existing house there, and I'm building a 2000 sq ft house + 2 car garage I'd like to purchase around 180k. Now I'm also a GC so my build cost may be lower than somebody who needs to hire a GC.