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How much does it cost to build a 110 m2 house today, in July 2025? - La Nacion Propiedades
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www.lanacion.com.ar
July 18, 2025
In a context where people are once again talking about the possibility of fulfilling the dream of owning a home, there are those who wonder if it is worth buying used or if it is better to build
Construction costs reached unexpected levelsBatrob Construction Company
More than a year after the rise of mortgage lending in Argentina, many people are wondering whether it's better to take out a loan to buy an existing home or to finance the construction of a house . In this context, a key question arises: How much does it cost to build a square meter in the country today?
According to experts consulted by LA NACION, construction of one square meter starts at US$1,400 + VAT (US$1,547). However, it can rise to US$3,000 if more expensive materials are chosen for the entire project and the goal is to build a premium home.
Building a 110 m² house, with the most economical materials, without losing quality, would cost around US$170,170.Shutterstock
Thus, building a 110 m² house using the most affordable materials, while still maintaining quality, would cost around US$170,170; while building one with the highest quality available would cost around US$330,000 .
When compared to the average square meter price of a used home in Buenos Aires (which is around US$1,795, according to Zonaprop), a 110 square meter home would cost around US$197,450 . It's worth clarifying that these figures are averages, taking the minimum and maximum values for Buenos Aires and generating a mean.
However, with the dollar remaining virtually unchanged recently— despite a rise in recent days compared to previous months, it remains within the exchange rate band established by the government— construction costs have reached unexpected levels.
However, experts point out that price increases are slowing. "We're seeing that, as far as materials are concerned, prices are falling, although not at the pace we would like. The opening of imports has helped a lot in this regard, as many people have started buying abroad. Meanwhile, labor is increasing, which offsets the decline in materials prices," explains Federico Azzollini, managing partner of Icon.
Damián Tabakman, president of the Chamber of Urban Developers, agrees with Azzollini that prices are no longer rising at the same pace as before , and explains that "values are plateauing, partly because sales are not as high, and partly because imports have lowered costs."
The labor force has been increasing in recent times. Shutterstock
This amount represents a 65% year-over-year increase , as in March 2024 the same project required an investment of $747,157,927.47. In January 2025, building a 315 m² home in a gated community or private neighborhood required a total investment of $1,156,272,392 (US$963,560 at the dollar exchange rate of $1200, or nearly a million dollars).
However, between January and March of this year alone, the cost increased by more than $75 million, representing a 6.6% increase in just three months. Another fact that reflects the impact is that current costs already exceed the historic peak recorded in April 2018, when building a 315 m² house cost US$572,279.56 .
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Cuánto cuesta construir una casa de 110 m2 hoy, en julio 2025
En un contexto en que la gente vuelve a hablar de la posibilidad de cumplir el sueño de la casa propia, hay quienes se preguntan si vale la pena comprar usado o si conviene construir
www.lanacion.com.ar
July 18, 2025
In a context where people are once again talking about the possibility of fulfilling the dream of owning a home, there are those who wonder if it is worth buying used or if it is better to build
Construction costs reached unexpected levelsBatrob Construction Company
More than a year after the rise of mortgage lending in Argentina, many people are wondering whether it's better to take out a loan to buy an existing home or to finance the construction of a house . In this context, a key question arises: How much does it cost to build a square meter in the country today?
According to experts consulted by LA NACION, construction of one square meter starts at US$1,400 + VAT (US$1,547). However, it can rise to US$3,000 if more expensive materials are chosen for the entire project and the goal is to build a premium home.
Building a 110 m² house, with the most economical materials, without losing quality, would cost around US$170,170.Shutterstock
Thus, building a 110 m² house using the most affordable materials, while still maintaining quality, would cost around US$170,170; while building one with the highest quality available would cost around US$330,000 .
When compared to the average square meter price of a used home in Buenos Aires (which is around US$1,795, according to Zonaprop), a 110 square meter home would cost around US$197,450 . It's worth clarifying that these figures are averages, taking the minimum and maximum values for Buenos Aires and generating a mean.
Why is the cost of construction increasing?
One of the main causes behind this phenomenon is the stability of the dollar, with the US dollar's value falling in recent months , which means that increasingly more dollars are needed to build the same subways. For more than two years, costs measured in US dollars kept pace with fluctuating inflation in pesos and constant devaluations.However, with the dollar remaining virtually unchanged recently— despite a rise in recent days compared to previous months, it remains within the exchange rate band established by the government— construction costs have reached unexpected levels.
However, experts point out that price increases are slowing. "We're seeing that, as far as materials are concerned, prices are falling, although not at the pace we would like. The opening of imports has helped a lot in this regard, as many people have started buying abroad. Meanwhile, labor is increasing, which offsets the decline in materials prices," explains Federico Azzollini, managing partner of Icon.
Damián Tabakman, president of the Chamber of Urban Developers, agrees with Azzollini that prices are no longer rising at the same pace as before , and explains that "values are plateauing, partly because sales are not as high, and partly because imports have lowered costs."
The labor force has been increasing in recent times. Shutterstock
How much does it cost to build a country house?
The cost of building a premium home in a gated community or neighborhood has skyrocketed in the last year: it costs $1,232,162,763 to build a 315 m² home , equivalent to nearly $4 million per square meter , including taxes and professional fees, according to the latest report by Reporte Inmobiliario. In dollars, the total sum would be US$940,582.26 at the blue dollar exchange rate—almost a million dollars— with a value of US$2,985.98/m² at the time the information was collected.This amount represents a 65% year-over-year increase , as in March 2024 the same project required an investment of $747,157,927.47. In January 2025, building a 315 m² home in a gated community or private neighborhood required a total investment of $1,156,272,392 (US$963,560 at the dollar exchange rate of $1200, or nearly a million dollars).
However, between January and March of this year alone, the cost increased by more than $75 million, representing a 6.6% increase in just three months. Another fact that reflects the impact is that current costs already exceed the historic peak recorded in April 2018, when building a 315 m² house cost US$572,279.56 .
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