News & Resources
How Much Does it Cost to Build a Home?
Attention BIA Builders and Developers!
BIA'a state affiliate, the Pennsylvania Builders Association (PBA), has commissioned a statewide study to quantify the financial burden of regulation on the cost of residential development and construction in Pennsylvania. All public policy and regulatory initiatives have a cost, and PBA believes Pennysylvania’s regulatory environment and local zoning mandates have helped worsen the current housing attainability and affordability crisis.
Your participation in this survey will be critical in our efforts to show public policy makers how their decisions influence the availability and affordability of housing in Pennsylvania. PBA commissioned Home Innovation Research Labs* to conduct a survey of Pennsylvania builders and developers to estimate the cost of regulation for the land they developed and homes they built. A regional demarcation will be calculated within the survey results to better show the dramatic differences in development costs throughout the state.
Developers:
Select a single land development project as the basis for your answers.
Prepare for high-level percentage questions about the cost of regulation as a percentage of “X” or the cost of compliance with “A” as a percentage of “B.”
Builders:
Select a single house or unit that you recently constructed as the basis for your answers.
Prepare for questions such as “how much the cost of complying with regulations has increased or decreased over the last 5 and 10 years.”
Please click the link below to participate and start and finish the survey in one sitting. (This survey will time out if a question goes unanswered for more than 8 minutes. You may return to it, but plan to complete the survey in one sitting.)
Cost of Regulation in the Price of a New Home in Pennsylvania
The better we can quantify the costs of regulation, the better our chances of influencing public policy makers. The BIA urges all builder, developer, and remodeler members to complete the survey.
*Home Innovation Research Labs is a full-service market research, consulting, product testing, and accredited third-party certification agency dedicated solely to issues related to the home building industry.