The cost per square foot usually comes with a list of materials and finishes and provisional sums for some items (the kitchen for instance); cost per square foot is often (but not always) associated with a turnkey service, providing a full construction service including the house, the driveway, etc...
It is therefore very important to clarify what is included in the cost per square foot and the provisional sums as, often, a pool and landscaping are not included in the average cost per square foot.
Given the wide array of possible finishes and designs, it is not possible to give a precise cost indication, but an average entry level cost is about BB$ 180-200 per square foot.
This indicative cost will allow you to build a house, not including fence, pool nor landscape with these finishes: Trowel Plastic plaster on masonry walls, Permaclad roof without insulation, T1-11 (wood panels that look like tang & groove boards) between painted rafters, PVC gutters and downpipes, basic PVC doors and windows without burglar bars, ceramic tiles squarely laid, painted timber skirtings, basic off-the-shelf kitchen with laminate tops, and simple closets and vanities.
On the other end of the spectrum, the luxury residential, there is no limit to prices and high-end finishes.
However, as an indication, an average cost for a villa, including pool, fences and some landscape, can cost from BB$ 450-480 per square foot up.
For this price you can expect coral render plastered external walls, painted slick plaster on internal walls, cedar shingles roof, seamless aluminum gutters and downpipes, aluminum doors and windows, some areas with flat or tray ceilings, exposed rafters and tongue & groove pine boarding with pickled finish in other areas, concealed AC units, travertine floorings laid diagonally, travertine skirtings, custom made kitchen with appliances and granite tops, solid wood custom made closets and vanities, Diamond Brite and mosaic tiles pool.
In our opinion, with a cost between BB$ 250 and BB$ 300 per square foot you should be able to attain a very nice house, with a pool and most of the finishes you love.
If you are in a gated community, you will probably have to conform to their covenants and permissable finishes; you may also be able to lower your costs if the community holds a duty-free concession.
The cost savings brought in by this should not be overlooked as most finishing materials are manufactured overseas and therefore attract duties when brought into Barbados.