Okay revised, my bad, figure Minium 12.00 t0 15.00 $ a square foot to build. Again, a lot depends on if you already own the land, how nice you want it, what restrictions there are such as Sprinkler systems (Must) for protection and Insurance costs.!
How to build a House that will with stand a very long time build it out of steel framing, build it with bricks, build it with the fire protection system, build it with Bathing facilities that everyone wants for privacy, build it with all of the eminities to make it nice and safe.
We are in the works of building a new house so I do have an idea being on the House Corporation Board.
It aint cheep folks! You always have to figure in the per bed costs for the people living there, plus parlor fees to help defray the costs.
I have been reading with interest what Leigh U is doing, building a Greek housing area.
But, there is good and bad to that also. You lose autonomy and ownership. Yes, live in a nicer House, but look to U Tn. Mid. Nice houses, and no one can afford to pay the rent to the school!
So, what have they gained? Off Campus with empty Houses?