How much does it cost to build a house in Minneapolis? The usual new home job filed with Minneapolis is $433,850, from 203 priced permits (October 2023 through September 2026); the middle half of firms file between $350,000 and $630,000. A filed value is what the contractor wrote on the permit, not a quote or the final bill.
The usual new home job filed with Minneapolis is $433,850, from 203 priced permits, October 2023 through September 2026. The middle half of firms usually file between $350,000 and $630,000. Half of jobs were filed for less, half for more. A filed value is what the contractor wrote on the permit, not a quote or the final bill. A new home permit here usually takes 396 days from issue to final inspection. How long permits take →
Approximately, from each firm's own spread: every firm's range of filed values, weighted by its 203 priced permits across 71 firms, pooled into one. Half of Minneapolis new home permits were filed between $350,000 and $675,000.
| Percentile | Filed value | Reads as |
|---|---|---|
| 10th | $320,000 | 1 in 10 permits filed below |
| 25th | $350,000 | 1 in 4 filed below |
| 50th | $432,000 | the middle permit |
| 75th | $675,000 | 1 in 4 filed above |
| 90th | $1,090,000 | 1 in 10 filed above |
Firms split into thirds by the usual value of the homes they work on, with each third's usual filed value weighted by permits. Home values: City of Minneapolis assessor values (2026).
| Firms working on | Usual home value | Usual filed value | Firms | Permits |
|---|---|---|---|---|
| Lower third | under $282,100 | $450,350 | 23 | 52 |
| Middle third | $282,100–$747,700 | $350,000 | 23 | 77 |
| Upper third | $763,500 and up | $521,600 | 24 | 74 |
Top 10 by permits in the last 12 months. Usual is each firm's middle filed value; middle half is the range its middle half of jobs were filed in; both are shown for firms with 5 or more priced permits. Busy is not the same as careful: pick what you value to build a list.
| Firm | Permits | Last 12 mo | Usual | Middle half | Finished |
|---|---|---|---|---|---|
| Icon Homes | 32 | 12 | $350,000 | $350,000 | 82.9% |
| Units Environment Sciences Inc | 9 | 7 | $630,000 | $499,000–$827,400 | — |
| Lutz Construction Inc | 6 | 4 | $450,350 | $408,925–$491,250 | — |
| GGR Restoration LLC | 17 | 3 | $521,600 | $510,600–$550,000 | 92.4% |
| Benoz Enterprise Inc | 15 | 3 | $385,000 | $367,500–$390,000 | 91.5% |
| Kennedy Property Development LLC | 4 | 3 | — | — | — |
| Twoie Construction LLC | 4 | 3 | — | — | — |
| Cityline Homes Inc | 11 | 2 | $350,000 | $350,000–$400,000 | 8 of 9 |
| Twin Cities Habitat for Humanity Inc | 4 | 2 | — | — | — |
| Flannery Construction Inc | 2 | 2 | — | — | — |
Line your quote up against the file. In Minneapolis, 1 in 10 new home filed values sit under $320,000, the middle half between $350,000 and $675,000, and 1 in 10 over $1,090,000.
Minneapolis files the fewest new home permits in August (41 against an average month of 100) and the most in October (193). If you can choose, ask for quotes in a quiet month. We have no prices by month, so this is about crews' schedules, not a discount. When each trade is busiest in Minneapolis →
Source: City of Minneapolis construction permits (CCS). The window is October 2023 through September 2026; a permit filed after that isn't here yet.
Usual is the middle permit: half were filed for less, half for more. Only permits with a filed value count; a value of $0 or none is left out.
The spread is approximate: we keep seven points of each firm's own range of filed values, not every permit, and pool them.
Nobody paid to be on this page and nobody can. How the records work in Minneapolis →
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