Home / New Mexico / Santa Fe County
Santa Fe County Home Building Costs
2026 construction cost estimates for Santa Fe County, New Mexico. Population: 155,000.
County $/sq ft
$179
New Mexico avg: $165
vs State Average
+8%
Local market premium
2,000 sq ft home
$358,000
Mid-range estimate
Local Market Factors
- ›State capital
- ›Adobe/pueblo style requirements in historic zones
- ›Tourist economy premium
Cost by Home Size in Santa Fe County
| Home Size | Basic | Mid-Range | Premium |
|---|---|---|---|
| 500 sq ft | $66,173 | $89,500 | $121,872 |
| 1,000 sq ft | $132,346 | $179,000 | $243,745 |
| 1,500 sq ft | $198,519 | $268,500 | $365,617 |
| 2,000 sq ft | $264,691 | $358,000 | $487,489 |
| 2,500 sq ft | $330,864 | $447,500 | $609,362 |
| 3,000 sq ft | $397,037 | $537,000 | $731,234 |
| 4,000 sq ft | $529,383 | $716,000 | $974,979 |
| 5,000 sq ft | $661,729 | $895,000 | $1,218,723 |
Costs are estimates only and represent construction costs, excluding land, architect fees, permits, and landscaping. Add 30–40% to these figures for total project cost.
County multiplier of 1.08× applied to New Mexico state average (which itself is 0.88× the national average of $188/sq ft).