What is the construction value per square meter?

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Main factors influencing the construction value per square meter
The construction value per square meter is affected by several factors that interact with each other.

The cost of materials, influenced by supply, demand and quality, is one of the main determinants. Labor, with variable wages and worker efficiency, also significantly impacts the budget.

The location of the project is crucial, as urban areas tend to have higher prices due to demand.

Furthermore, administrative costs related to planning and managing the work are essential to ensure efficiency, while the Selic rate directly affects financing costs and the viability of projects.

Value of materials : material prices vary according to supply kenya whatsapp data demand, significantly impacting construction costs.
Labor : Labor costs depend on the region, experience and complexity of the work, affecting the total budget.
Location : Location influences the cost per square meter, with urban areas generally more expensive due to high demand.
Administrative costs : administrative costs include planning and management expenses, which vary depending on the complexity of the project and organization.
Selic rate : the Selic rate affects financing interest rates, impacting the total cost of the work and the viability of projects.

Average cost per square meter by region
The following data are related to the September 2024 report , issued by the Civil Construction Industry Union (Sinduscon) of each mapped state. This data is related to CUB – Basic Unit Construction Costs .

Each table presents construction value data per square meter for each of the categories and standards, organized by selected states from each of the regions of Brazil: Goiás, Minas Gerais, Paraná, Amazonas and Pernambuco.

In order to establish a comparison with one of the regions with the greatest economic activity in Brazil and proportional participation in the GDP, we also included data for the state of São Paulo at the end.

To understand the construction price table: the costs presented below are in R$/m2 and the acronyms represent different construction standards.