If you are planning to hire a home builder and have your dream home built, or maybe it’s to be your retirement home, what are the most important considerations? Here’s what the vast majority of people want.
First, most people want the highest quality home, and second, they want it for the least cost per square foot. Clearly, these two goals are in direct conflict.
Here’s what most people don’t know and may never know, and I share this as an insider who has practiced in real estate sales and law for almost 30 years, including as an adviser to builders and contractors:
- There is a vast difference in the quality of homes built from contractor to contractor.
- Advertisements of low construction costs based on the cost per square foot is a Trap for the Unwary homeowner.
How does this happen?
Initially the homeowner talks to the builder about his incredibly low cost per square foot advertisement, and as he goes over what they want, and as they have several more meetings, the homeowners come to accept the fact that they will have to pay probably $20 to $30 more per square foot than the advertised rate in order to get the home they want. So they sign a contract, and then what?
QUALITY OF HOME CONSTRUCTION
This is how the homeowner gets sucked into a contract, and ends up paying as much or more than what they would have paid another builder who gives honest quotes up front and builds a true quality custom home.
True story. Two homes were built adjacent to each other, one by a quality home builder and the other by the discounter. The quality home builder had the home completed in five months, and the homeowners moved in very pleased with the quality and the guaranteed contract price. The discounter next door did not complete that home for over a year, and those poor homeowners were kicking themselves for hiring the lowest bidder, because in the end it cost them more money, more time, and a lot of stress. What’s interesting is that they originally talked with the quality builder, but his bid was higher than the one they hired.
Who are you going to hire as a builder? The lowest bidder or the best builder in Sequim or Port Angeles? Realize that ultimately the best builder may actually be the lowest bidder per square foot, but it won’t sound that way when you are being sold by a discounter. I recommend getting some inside help on how to do your due diligence in selecting a builder. You will be very glad you did.
Who is the best home builder in Sequim or in Port Angeles? I know some good builders, some great builders, and . . . well, some who have had unhappy clients. Email or call me, and we can talk about what kind of home you want to build and what kind of builder you would like to work with. I’ll help match you up if I can.
Chuck Marunde, J.D.
Last Updated on April 3, 2010 by Chuck Marunde
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