Its the location! An exciting opportunity to build a new energy eficient home on one of the very few remaining St Albans City lots, close to Main Street. A substantial home can be built upon this lot. The footprint allowable is 47x45 which equals 2115 sq.ft per floor. The shed must be removed prior to building. Its a post and beam building with some good lumber to be repurposed. Perhaps a crisp New Englander or something contemporary, this location is very close to Main Street, and everything St.Albans has to offer!! How much does it cost to build a house in Vermont? According to the home construction website ProMatcher, the average cost of building a new home in Vermont is $148.23 per square foot for basic construction. That works out to be $296,460 for a 2,000 square foot home.