Eli5: why do people say its cheaper to build up than out?

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I’ve heard contractors say this over and over again. It’s cheaper to build up when adding sqft to a home than to build an addition out? Is this true and if so why?

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Anonymous 0 Comments

If you’re in a city center, land is scarce and insanely expensive, especially the particular land that happens to be next to the land you already own. So you have to make the most of the land available by building a very tall building on it.

If you’re out in the country, it might be more economical to build a sprawling bungalow

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