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re: Builder Asking About Budget on House?

Posted on 3/3/14 at 9:48 am to
Posted by ItNeverRains
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Member since Oct 2007
25988 posts
Posted on 3/3/14 at 9:48 am to
Absolutely. Why should a builder (and his subs) waste time bidding your plans and meeting with you when you might have unrealistic expectations? I can't tell you how many people think they can hire a contractor and have this $100/sqft price stuck in there head. I've met others that think they can build a mansion for $90/ft. Sure, you can build a decent house for $100/ft, but you could also make the same house nicer for $115/ft or cheaper at $90/ft. It's all in the details.

Proper planning is the most important part of any construction project. The final budget is a major key in planning. How can a builder gauge your needs without knowing your budget?

Advice for selecting a builder:
- don't hire someone you don't trust well enough to discuss your budget
- don't hire someone that isn't reputable (too many fly-by-night guys)
- if possible, don't hire a builder that isn't building other houses near you. they are more likely to neglect your house if it is way out of their way.
- don't let someone talk you out of what you want. most builders don't like to get out of their comfort zone. they don't like doing something that is different from their other houses. If you want something, stick to it.
- avoid builders that will build your house in 4 months. speed allows them to hide imperfections before you catch them. Fast, Good, Cheap... pick two.
- get at least 3 bids and make sure you compare apples to apples. are the allowances and materials exactly the same?
- even if you trust your builder, it's important to stay active in the process. Check on the house regularly and make sure things are done properly. If you suspect something is done wrong, ask a third party for there opinion.

Great post.
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