Building a Custom Home has many rewards, but there are also some pitfalls you should be prepared to look out for. By understanding and educating yourself about these pitfalls, you can avoid potential disasters down the road. Here are some of the biggest pitfalls you should look out for during the process:
1. Budgets that get out of control
Work with a builder that creates a highly detailed and accurate budget. This can be an exhaustive process that many builders will not go through on the front end. Learn about your builders process for creating a budget and look out for faults where potential budgetary issues might arise.
2. Poor builder-client communication
Some builders tend to deliver the bad news after it’s too late to do anything while building your custom home. Make sure your builder is a strong communicator throughout the early stages of your home builder evaluation process. If they show a propensity to not get back to you right away or avoid issues you ask about, steer clear.
3. Hiring a builder that lacks relevant experience
There are many different types of new homes. Make sure the builder you are working with has experience with the type of home you are looking to build. Although many builders claim to be custom builders, most have limitations like allowing customization from a set of floor plans instead of working with an architect to make the home of your dreams.
4. Not considering the future cost impacts of your decisions
A penny saved is not always a penny earned when it comes to building a custom home. Consider the long-term costs of cutting corners, using cheaper materials and appliances. A good builder will be able to help you make the decisions that will save you the most money and headaches both now and in the future.
REA Homes builds high performance luxury homes with the customer’s entire well-being in mind. To learn more about our custom built homes in St. Louis, MO, visit our blog or Facebook page.