Are You Planning to Move into a New Construction Home? Here’s What You Should Know…
If you or someone you know is thinking about building a new home, one key decision that needs to be assessed surrounds finding a home builder. New construction homes can be complex; requiring more research on your end versus if you were just hiring someone for a renovation or add-on. Working with an experienced, professional builder can make a difference--either creating your dream home or a nightmare where you'll spend months trying to 'wake up'. There are numerous factors to consider when picking the right builder; however, we’ve outlined the top 5 key factors we believe make or break a homebuilding project.
Credentials: You will want a builder who is licensed and insured. It is also a good sign if they are a card-carrying member of the National Association of Home Builders.
References/Previous Work: Who has this builder worked with before? Are there complaints made against the builder that concern you? Is their portfolio up to par? Do you see projects with similar requirements as your own? Is their style similar to what you’re looking for? If applicable, do they have quality sub-contractors?
Convenience: Today there are various tools and technology in the construction industry to ensure transparency, project management, finance, and collaboration—which are all essential in the home building process.
Personality: Your builder will be someone you work with for the foreseeable future. It’s important to ensure there is a good connection and communication styles. How is their attitude? Are they transparent about all aspect of your project?
Scope: The scope of your project is key. After you determine the budget for your new construction home, communicate some aspects of your design to determine if the timeline of each builder. You can perform your own cost-benefit analysis on costs vs. time. You may find it worth paying more to have your home completed by a certain deadline in mind.