A great finish doesn’t come cheap, but it can make or break the look of a custom home. Many homeowners expect plumbers and electricians to be expensive but are surprised at the prices charged by other subcontractors. The most obvious example of this is the professional painting company.
Government red tape takes time, money and skill to navigate. That’s why you need a pro. Some people don’t realize how highly regulated the construction business has become. According to the National Association of Home Builders, the costs of complying with government regulations now account for nearly a quarter (24.3%) of new home prices—30% more than just five years ago.
The work of building a price and schedule for your custom home is a project in itself. There’s a reason that quality project estimates don’t happen overnight. Every home is a collection of thousands…
Should you tell us your real budget? If you want a successful project, the answer is yes. Here’s why: We occasionally meet homeowners who don’t want to reveal their true budget numbers. This lack of disclosure is not in their best interests and almost always sets the stage for disappointment.
Home pricing is a complex subject. Here’s how we answer the most common question. A question we get from a lot of potential clients is “What’s the per-square-foot cost of your homes?” Some clients arrive armed with numbers gleaned from Internet articles. Others quote realtors who appraise and advertise houses by the square foot.
A successfully managed budget is a partnership between the builder and the homeowners. Custom builders work hard to make sure their clients get the home they want at a price they can afford. Cost-control strategies include value-engineering the structure, writing clear product specifications, and managing the construction in the most efficient manner possible.
Some big obstacles stand in the way of the three-bid advice. Folk wisdom, online articles, and basic instincts advise homeowners to solicit bids from several qualified contractors.
Strict allowance policies benefit homeowners as much as builders. Why do builders prefer that the homeowners choose every single item that will go into the house before they break ground? It’s not just for…
It’s as much about the experience as the result. Some homeowners have asked: How does a builder know when a project has been a success? Well, there’s good news—the answer to this question is one of the things that defines a great builder. To a pro, every successful project crosses the finish line with three outcomes.
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