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Real Estate News How much does it cost to build a "cheap" 60 square meter house in April 2026? - La Nacion Propiedades

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How much does it cost to build a "cheap" 60 square meter house in April 2026? - La Nacion Propiedades​



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Source:




April 10, 2026


Construction costs continue to rise, and the decline of the dollar directly impacted prices in foreign currency.



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When the dollar falls or remains stable while costs in pesos rise, the value of construction measured in dollars tends to increase.Shutterstock

Uncertainty in the construction sector remains a concern, and the outlook for real estate developers is becoming increasingly complex. Therefore, understanding the current cost of building a house is crucial amidst a construction cost trend, both in pesos and dollars, that continues to rise .

The price per square meter is becoming established as one of the variables that directly impact the dynamics of real estate prices and the decisions of both developers and individuals who are considering building.


In pesos, the increase in construction costs was 1% in February compared to the previous month, according to the Construction Cost Index of the city of Buenos Aires, and the cost per square meter reached $1,391,033 (plus VAT) , while the unofficial exchange rate (blue dollar) hovered around $1,435 that month. With that exchange rate, the construction cost became approximately US$969/m² (plus VAT) .

In concrete terms, this means that construction costs increased by about 6% in dollar terms in just one month , even though the increase in pesos was much smaller. The explanation lies in the exchange rate: when the dollar falls or remains stable while costs in pesos rise, the cost of construction measured in dollars tends to increase .


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Construction costs rose by nearly 6% in dollars in just one monthShutterstock - Shutterstock


It's important to note that the cost figure compiled by the city of Buenos Aires doesn't include the land value or several other relevant items. Taxes, professional fees, marketing, and the developer's profit are not included, which leaves that number quite far from the actual cost of a project .

According to leading real estate developers consulted by LA NACION , the most affordable price per square meter starts at US$1,500 + VAT (over $2 million) . Meanwhile, for a higher-end home with premium finishes and materials, the price can reach US$4,000 + VAT (almost $6 million).


How much does it cost to build a 60 m² house?​

Thus, building an affordable 60 m² house costs around US$96,900 (CLP$139,103,300), based on the ICC's reported value. However, if the developer's expenses are included, the cost will be US$150,000.

If these values are compared with the sale prices of used houses in the Autonomous City of Buenos Aires, the average square meter was US$1778 - for a three-bedroom property of 170 m² - according to the latest data from Zonaprop in February .

In that regard, a three-bedroom home has an average listed price of approximately US$302,177 , while a four-bedroom home reaches US$482,194 . It should be noted that these are average values derived from considering the minimum and maximum prices offered in the City of Buenos Aires.



Where are the biggest increases reflected? The rise indicated by the ICC is explained by the increases in materials (0.4%) , labor (1.7%) and overhead costs (2%) .


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