North Dakota home rebuild cost calculator
By Severance Calculator Editorial · Updated
What does it cost per square foot to rebuild a home in North Dakota?
North Dakota is in the West North Central Census division; NAHB 2024 median custom $/sqft is $159. Fargo-Moorhead and Bismarck metro labor markets run near the regional baseline; Bakken-region (Williston, Dickinson) construction carries above-baseline premiums.
North Dakota replacement-cost statute
North Dakota Century Code §26.1-30-03 (Standard policy — Valued policy) — view full text.
Under NDCC §26.1-30-03, the standard property insurance policy in North Dakota is a valued policy: if the policy contains a valuation, that valuation is conclusive between the parties for partial and total loss adjustments, absent fraud. Replacement-cost coverage is provided by endorsement above the valued baseline.
Post-disaster reconstruction premium
North Dakota faces severe winter-weather exposure (freeze-pipe, snow load, ice-dam), tornado and hail exposure in the Red River Valley, and Bakken-region rebuild-cost pressure from oil-patch labor competition and remote-crew housing.
Where to get help in North Dakota
FAQ — North Dakota rebuild cost
- Is replacement cost coverage required in North Dakota?
- Under NDCC §26.1-30-03, the standard property insurance policy in North Dakota is a valued policy: if the policy contains a valuation, that valuation is conclusive between the parties for partial and total loss adjustments, absent fraud. Replacement-cost coverage is provided by endorsement above the valued baseline.
- What happens to rebuild costs after a major disaster in North Dakota?
- North Dakota faces severe winter-weather exposure (freeze-pipe, snow load, ice-dam), tornado and hail exposure in the Red River Valley, and Bakken-region rebuild-cost pressure from oil-patch labor competition and remote-crew housing.
- What is the typical $/sqft to rebuild in North Dakota?
- North Dakota is in the West North Central Census division; NAHB 2024 median custom $/sqft is $159. Fargo-Moorhead and Bismarck metro labor markets run near the regional baseline; Bakken-region (Williston, Dickinson) construction carries above-baseline premiums.