Building Success 101 Q: What is an escalation clause? A: This is [...]
Building Success 101 Q: How are allowances structured? A: An allowance assigns [...]
Steve Jones started Merlin Custom Home Builders in 1989 with a vision: “Build [...]
Home Builder Digest recognized Merlin in the top 20 “Best Custom Builders [...]
Consulting with a builder before drawing the plans will save expense and headaches. Most custom builders have had clients show up at their office with a set of finished plans that, in reality, will cost 25% to 30% more than the clients’ target budget. Fortunately, this problem is easily avoided. Working with the builder on a pre-budget can eliminate unpleasant surprises and help the clients get the home they want at a price they can manage.
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. But three major obstacles get in the way of making those bids realistic and useful: the need for detailed plans and job specifications, the need for comparable bidders, and the need to structure the bids for easy comparisons. Getting all three right is rare.