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Home Tips
Building Your Dream Home
Perform Due Diligence on Homebuilders
When choosing a homebuilder, buyers should focus on a company's experience, references, and portfolio of completed homes rather than on the quoted cost per square foot. Builders offering steep discounts may sound good, but they usually do not have a proven track record or the management skills necessary to finish the job on time and within budget. Buyers should find out if past clients are satisfied with the builder's work, visit several finished homes, and even check the builder's subcontractors.
Though the cost per square foot is a good tool to determine whether or not consumers can afford their dream home, buyers must understand that some rooms cost more than others. If they are looking for a price reduction, the builder will either take his services elsewhere or use lower-quality materials.
Instead of focusing on the cost per square foot, consumers would do well to seek out builders that have a lot of repeat customers. Since experienced homebuyers know more about the process, understand the builder's responsibilities, and work hand-in-hand with the builder, their willingness to use the same contractor suggests a high level of satisfaction with the firm. It also serves as a ringing endorsement of the builder's reputation. |
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