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To be honest, it is possible to estimate the cost. The US Census Bureau provides an average cost per square foot of new construction both nationally and by geographic region. These are not precise figures and can vary by $20 or more per square foot. Therefore you must include room for variances in your budget. Factors impacting cost include where you live, the time of year youre building, the quality of materials you choose, and your lot, just to name a few.Geographic differences can be significant. Homes in the Northeast tend to cost more than homes in the South. Why? The cost of materials is higher, the building season is usually shorter. The average contract price per square foot as published by the US Census Bureau shows a difference of more than $30 per square foot between the Northeast and South. Now consider whether youre building close to a metropolitan area or in a rural, less populated area of your state. Weve seen prices vary by as much as $20 per square foot between towns only an hour apart.Then there is your builder. Lets face it, a building contractor provides a service. The type of service you want will impact the overall cost. If you want a builder who is meticulous about every detail of your home, it will cost more than if you want a builder who will focus on getting your home up quickly. Some builders increase their prices during high demand periods. If building in your geographic area is seasonal, you may want to consider starting your home in the off-season to take advantage of a builders down time, and hopefully, lower prices.Lots can also bring on many hidden surprises. You dont know for certain whats underneath your feet until you actually start digging. If you are putting in a full basement, you may not discover ledge until youre several feet down. Now you have to add the cost of blasting. A well can also bring on unpredictable costs. Contractors cannot guarantee they will hit water at a certain depth. Even if the lot right next to yours hit water at 100 feet, that doesnt mean you will. You may suddenly find yourself spending a lot more (or if youre lucky, a lot less!) than originally planned. Now, well get into those costs YOU can control. What type of heating and cooling system will your home have? Many eco-friendly systems are more expensive up front, although long term cost savings and environmental impact make them worth considering. Custom cabinets, granite countertops, one of a kind light fixtures and exotic hardwood floors - every choice you make will impact the cost of your home. Smart consumers will splurge on items that cant easily be upgraded after the house is complete like a geothermal heating system. Then they choose standard faucets, light fixtures and other items which can be easily upgraded at some point in the future.These are just a small sampling of what impacts the cost of your home. It would be great if you could slap a price tag on each plan and say this is the final cost to build your home, but then you wouldnt be able to customize it, make it your own. So be patient and flexible. Use the average square foot cost for your region as a starting point for your budget, but not as a final cost. Talk to local builders as they will give you a much more accurate picture of costs in your area. To read more about new home construction make sure your check out the resources section at http://www.designconnection.com