Thailand Construction Costs | House Building Costs in Thailand.
Often the first questions people ask any builder or information site, is what does it cost to build a house in Thailand. What are the construction costs in Thailand ? How much per square meter does it cost to build a house in Thailand, or what are your building prices per square meter in Thailand?
It is a natural question to ask and of course people do need to know.However as any one who is experienced in the construction industry knows: You can not in anyway, accurately project construction costs, or know what the square meter cost is, until all architectural construction drawings are completed, site location is known, site conditions are known and all house specifications are known. It is impossible to know and anyone who tells you, or says they know is either a con person or someone who has no experience in construction.
It is absolutely vital to have professional architectural drawings completed first to calculate costs.
Experienced construction people can of course provide an approximate guide to what it may costs. But it is only a guide based on experience and knowledge of the industry.
As of January 2023: From what we know from experienced house builders, project managers and contractors in Thailand, to build a house in Thailand using reasonable quality materials (not high end luxury or imported) you could be looking at a minimum of 25,000 to 30,000 Baht per square meter. Naturally depending on where it is, as location can change costs. Higher quality and luxury homes in Thailand can easily cost 35,000, 40,0000, 50,000 and some 60,000 Baht per sqm.
It is why it is very important to know your budget and what you can afford. As any changes and development of drawings can increase costs dramatically. If you do not have a lot of money, or have a strict budget, then the best advice is to keep the size down. Many people go big and tend to not know, that the average house of houses in their own country is a lot smaller. So always consider size, as this can help you reduce costs a lot. The architect can help with this. It is better to reduce size and go with a better professional contractor then go cheap and work with a builder who has no standards. A good quality medium size home is much better than a larger bad quality home.
However if you have plenty of money and are looking for your dream home or amazing retirement villa, then the choices are amazing. You can still build that amazing villa for a lot less then many places in the world.