Definitions (2) 1. A measure of the average distance between each of a set of data points and their mean value; equal to the sum of the squares of the deviation from the mean value. 2. In accounting, the difference between the actual cost and the standard cost for direct material, labor and overhead.
Whole-house remodels on homes less than 1,000 square feet generally cost about $18347, while it may cost $22417 to update a home of 1,000-2,000 sq. ft., $28904 for 2,000-3,000 sq. ft., and $36121 for homes between 3,000 and 4,000 sq. ft.
Let's begin by considering what square foot homebuilding costs really are â nothing more than the total cost of a given project divided by the total number of square feet in that project. So, a 2,000 square foot home with total construction costs of $250,000 would cost $125 per square foot to build. new house will probably cost between $80 and $200 per square foot... In one form or another, this question is one of the most frequent requests we receive from our visitors.