Massachusetts home rebuild cost calculator
By Severance Calculator Editorial · Updated
What does it cost per square foot to rebuild a home in Massachusetts?
Massachusetts is in the New England Census division; NAHB 2024 median custom $/sqft is ~$190. Greater Boston, Cambridge, and the 128 belt run materially above baseline; western Massachusetts runs closer to or below it.
Massachusetts replacement-cost statute
Massachusetts General Laws Chapter 175 §99B — view full text.
Under M.G.L. Ch. 175 §99B, the Commissioner of Insurance must approve homeowners multi-peril policies on owner-occupied condominium units or dwellings of four or fewer units containing a loss-settlement clause providing either ACV or like-kind-and-quality replacement cost. Required consumer disclosures accompany alternative loss-settlement bases (e.g. tax-assessed value forms).
Post-disaster reconstruction premium
Coastal Massachusetts (Cape Cod, the Islands, North Shore, South Shore) faces nor'easter and tropical-system exposure. Statewide winter ice-dam and freeze-pipe losses are a recurring driver; Greater Boston historic-district code-upgrade requirements add ordinance-or-law cost at rebuild.
Where to get help in Massachusetts
FAQ — Massachusetts rebuild cost
- Is replacement cost coverage required in Massachusetts?
- Under M.G.L. Ch. 175 §99B, the Commissioner of Insurance must approve homeowners multi-peril policies on owner-occupied condominium units or dwellings of four or fewer units containing a loss-settlement clause providing either ACV or like-kind-and-quality replacement cost. Required consumer disclosures accompany alternative loss-settlement bases (e.g. tax-assessed value forms).
- What happens to rebuild costs after a major disaster in Massachusetts?
- Coastal Massachusetts (Cape Cod, the Islands, North Shore, South Shore) faces nor'easter and tropical-system exposure. Statewide winter ice-dam and freeze-pipe losses are a recurring driver; Greater Boston historic-district code-upgrade requirements add ordinance-or-law cost at rebuild.
- What is the typical $/sqft to rebuild in Massachusetts?
- Massachusetts is in the New England Census division; NAHB 2024 median custom $/sqft is ~$190. Greater Boston, Cambridge, and the 128 belt run materially above baseline; western Massachusetts runs closer to or below it.