How Much Does It Cost to Build a New Home in Orlando, FL?
If you're interested in building a new home in Orlando rather than renting or looking at resale, we've got good news. You are likely to find multiple options within your budget. Building new may not be as costly as you think, and the result is a home built and designed to your specifications, that perfectly fits your lifestyle, and we think that’s worth both the time and the investment.
The Cost of Building a New Home in Orlando
BudgetNew homes in Orlando can be built in a variety of sizes and locations, so it's important to first figure out what your budget is. You can start by speaking to a lender about how much mortgage you can afford, and if you need to make any changes to balance your debt-to-income ratio. Your lender will also be able to present all the mortgage options that you qualify for — which may include conventional, FHA, and VA loans — so that you can make the best financial decision. Dream Finders Homes offers new homes to accommodate all budgets. Our homes range from perfectly-proportioned single-family homes in Haines City from $287,990, to grand estate-style homes in the Lake Nona area from $557,990.
AreaLocation always plays a big part in the price of new housing. Homes in amenity-rich neighborhoods or in a convenient location to work and retail will typically cost more than those without much around (although some people prefer the peace and quiet!). The area that's right for your lifestyle will have an impact on how much you pay for a new home. Luckily, in Orlando, there are so many great areas to choose from. Whether you prefer the prestige and luxury of a Bella Colina address, or the picturesque solitude of Deer Island, there's a neighborhood — and a budget — to accommodate your lifestyle.
Floor PlanWith your area narrowed down, it's time to choose the best amount of space and the perfect layout for your lifestyle, now and into the future. Dream Finders Homes offers a variety of unique floor plans with in-demand features such as dedicated home offices, multi-purpose kitchen islands, and decked-out outdoor living spaces. These features work for the way people live today, and can change along with your needs. Keep in mind that a smaller, more streamlined floor plan will be less expensive. More square footage with variations in the roof line or mixed siding will typically cost more.
Homesite or LotThe next step is deciding where in the community you'd want to live. Do you need a flat, grassy yard for kids to run? Do you prefer mature trees for privacy or shade? Maybe a smaller lot would work best if you don't want to do much lawn maintenance. Large, premium lots — like corner lots or cut-de-sacs — are typically the most expensive in a community. Other factors, like proximity to the clubhouse or pool, could also impact cost.
PersonalizationFor many people, this is the most fun part of building a new home! Personalization is where you can pick all the finishes for your new home in the Dream Finders Homes Design Studio. Choose flooring, cabinet style, paint colors, fixtures and hardware, appliances, and more. Some of our communities offer "included features" or “design packages” where our designers have curated a collection of finishes. This option streamlines the selection process and can save you days, or even weeks, of time since you are simply choosing the package that you like best. There’s no complicated or overwhelming design phase, and you can rest easy knowing our design consultants will deliver a beautifully finished home. Our designers are well versed in product trends and costs, so if you have a budget that you must stay within, they'll make sure it happens. In summary, the cost of building your new home in Orlando is determined by:
- Floor Plan