Building a standard production or spec home in the Edmonton area currently runs roughly $180 to $300 per square foot for construction alone, with most buyers landing in the $220–$280 range — before land, permits, and site servicing are added. Custom or luxury builds with premium finishes can run $300–$400+ per square foot.
Why the range is so wide. Cost per square foot depends heavily on:
Home type — a two-storey home typically costs 10–15% less per square foot than a bungalow of the same size, since the foundation and roof area are smaller relative to total living space
Finish level — basic finishes sit at the lower end of the range; upgraded flooring, cabinetry, and fixtures push costs toward the top
Location — building in Edmonton or Sherwood Park generally costs more than rural Alberta due to labour rates, though material transport can narrow that gap
Labour — skilled trade labour typically makes up 30–50% of total construction cost, and demand in the Edmonton area affects pricing
What this doesn't include. Cost-per-square-foot figures usually cover construction only — land, building permits (commonly $1,000–$5,000 in Alberta municipalities, plus separate plumbing/electrical/gas permits), development levies, and landscaping are typically separate line items.
Why this matters when comparing builders. Two builders quoting different per-square-foot numbers may not be including the same things. Always ask what's in the base price versus what's an upgrade before comparing quotes directly.
These figures are general market estimates drawn from multiple industry sources and can vary by builder, community, and current material costs. Confirm actual pricing directly with builders for any specific home or lot.
With over 20 years of construction experience, Jay can help you compare builder quotes and understand what's actually included in the price before you commit.
Call or text Jay at 780-220-8449, or visit jaysells.ca.
Jay Lewis | REALTOR® | RE/MAX Excellence | Lewis & Co. Realty