A Simple Plan For Researching Construction

How to Find a Good Custom Home Builder

Finding a custom home builder is sometimes a matter of asking people for recommendations. If there are some good ones in your area, you will probably hear people talking about them. Otherwise, check the directory of the National Association of Home Builders (NAHB) or any other home builders’ association. Or do it the traditional way by looking up prospects in your yellow pages or asking your town office for referrals.

Narrowing Down Your Prospects

It’s good to interview several prospects before choosing the right builder for you. There are three things you want to accomplish during the interview process.

First of all, tell the builder what exact type of home you’d like him to make for you, and ask him how much experience he has with similar projects and in the area you want your home to be built.

Second, ask him about his general experience as a custom home builder. The NAHB recommends knowing the following about your prospects:

> Permanent physical office location (this is usually a sign of stabiilty)

> Reputation with local suppliers and banks

> Breadth and length of industry experience

According to the NAHB, it often takes 3 to 5 years before home builders can establish themselves and their business; therefore, the longer they’ve been in the trade, the greater their ability to finance a home and remain after a home is built.

> Record at the Better Business Bureau

> Coverage of workers compensation and general liability insurance (ask for proof that they are adequately insured)

> Feedback from former customers (ask for client references)

The third thing you should try to accomplish during the interviews is building rapport with your prospects. Obviously, this will be quite crucial. It can be excruciating to be forced to work with a builder you dislike.

Asking for Quotes

As soon as you have all the above information, you should be able to zero in on two or three names. This is always better than having one prospect, if only to make comparisons and see who shines. You can even tell your prospects that you’re comparing their estimates. Usually, they will compete for your business and give you a cheaper estimate without changes in quality.

However, collecting estimates is something you really have to spend time for. You want to be sure that your budget is just right – not too much that you’ll be wasting money on unnecessary things, and not too little that quality will be sacrificed.

Of course, the builder of your choice should have all the important information they need to prepare an accurate estimate. Lastly, note that whatever budget you approve, you should always expect at least a 10% overrun, given that incidentals (for example, change orders) can never be completely avoided.

The Beginners Guide To Homes (Chapter 1)

The Beginners Guide To Homes (From Step 1)