Average cost of French self-built home now €294,000

Rising land costs have helped push up the price of building, and the actual size of the average property is decreasing

The average cost of building your own house in France is now €294,000, a significant rise compared to last year, despite the decrease in actual average floor space.

In 2017, the average amount needed to build your own house rose to €294,110, a rise of 5.58% compared to the €278,570 seen in 2016, according to a new study from building advice website, ForumConstruire.com.

This increase represents the rising average cost of a piece of house-building land, which has soared by 7.46% in the last 12 months, from €97,280 to €104,540, as reported by French news source Le Figaro today.

However, because land has become so expensive, the actual size of the average self-built property is actually decreasing. On average, the inhabitable space of an average self-built property today is less than 120m², compared to the 134m² average seen in 2010.

“It is difficult to say whether the trend will accelerate or reverse,” explained Thomas Modolo, communications manager at ForumConstruire.com. “[Especially] with the uncertainty surrounding zero interest loans. But we do know that houses are being built smaller and smaller.” 

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