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What it costs to build a house in SA in 2024

Building a house grants you the opportunity to forge a home in your image, but how much does it cost to build a house? Here's what you need to know.

ooba: Cost To Build a House

Article summary

  • The house is measured in square meters, with the average rate per square meter being available on the STATS SA website and at various municipalities.
  • Other factors that will affect the price include location, and the quality of building materials used.
  • You can fund the construction with a building loan.

Building a house from scratch is a substantial undertaking, but it grants you the opportunity to forge a home in your image.

You may be unclear about the costs of such a project. To help you pursue this worthwhile endeavour, we’ve provided a rundown of the costs of building a home.

How much does it cost to build a house?

According to, as of 2023, the average cost is R10 000 to R20 000 per square meter.

Here’s a more detailed breakdown by area from Stats SA.

Province Cost per square meter Standard (146 meter) home 90 meter home
KwaZulu Natal R14 860 R2 170 000 R1 340 000
Gauteng R13 330 R1 945 000 R1 200 000
Western Cape R13 150 R1 920 000 R1 180 000
Mpumalanga R9 190 R1 350 000 R830 000
Limpopo R8 450 R1 235 000 R760 000
North West R7 980 R1 165 000 R720 000

You can also get the average rates from municipalities, property developers, contractors and quantity surveyors.

Some additional information on building a house is covered here

  1. The factors that affect the cost
  2. What goes into the final cost of building a house?
  3. Costs you save by building a house
  4. Funding the construction of a house

1. The factors that affect the cost

The cost of building a house depends mainly on the following factors:

  • Location: Whether you intend to build in a developed urban area or a remote location will influence the size of the house you’re going to build, which in turn affects costs. It’s not just about how good the location is. Houses built near the coast, for example, need thicker roofs which add to the cost.
  • Quality and design: The quality of plaster and paint, the quality of the soil, the design of the structure, the thickness of the walls and so on.
  • Size: Floor size is one of the main factors in determining the home cost. Measured in square meters; the higher the square meter count, the higher the price.

2. What goes into the final cost of building a house?

  • Cost per Square meter: The number of square meters can be gleaned from the architect’s plans for the building.
  • Construction: Includes the cost of materials required to build the outer shell of the building, such as bricks, cement and windows.
  • Specialist items: Cupboards, lights, kitchen and bathroom fittings; and so on.
  • Professional fees: Professionals who will need to be involved in the construction of the home include the quantity surveyor, architect, various engineers and geologists.
  • Miscellaneous fees: Such as travel and accommodation fees for remote sites, administrative fees and planning expenses.

3. Costs you save by building a house

  • You don’t have to pay transfer duty.
  • You have fewer maintenance issues.
  • You don’t have to pay administrative fees for the legal process of transferring a home from one owner to another.
  • Building a new home provides tax benefits, such as claiming depreciation over the next few years.

4. Funding the construction of a house

You can fund the construction by acquiring a building loan.

A building loan is similar to a home loan, with one major difference; the bank does not pay out the loan all at once, but rather in stages. They pay out a portion of the loan each time a phase of construction is completed.

The process of applying for a building loan also requires additional documentation, such as proof of the builder’s registration with the National Home Builders Registration Council (NHBRC), and provisional plans for the project (drawn up by an architect).

As with a home loan, you will need a good credit record to acquire a building loan.

What if you’d rather purchase a home?

Getting prequalified will help you determine what you can afford so you know your target. Prequalification also improves your chances of getting home loan approval from the bank.

You can get prequalified by contacting an expert at ooba Home Loans or by using our free, online prequalification tool, the Bond Indicator.

Get prequalified for a home loan today

DIY with our online prequalification tool, or speak to an expert.

Get Prequalified

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