Mar11th

Budget The Building So You Can Build The Budget

That statement seems quite simple to say and yet in over thirty years of home building experience I find “building a home that exceeds the budget” rated very high on customer’s fears; even though most people would choose the New Home that is sized and decorated to their liking.

When I ask what they have heard or experienced, it relates to two main areas; poor communication between the Builder and the Owner, and changing the scope of the project after it’s begun. A true Professional Builder should spend ADEQUATE time with you to explore all the expectations you have for size of home, how simple or complex of a design, it’s location on the site, how much detail in finishes, etc. along with your lifestyle and special features. Taking this information the Builder should be able to properly budget the project.

Setting up accurate budgets combined with clear, complete Plans, Specifications and Contract will start a project on the right foot. This alone is not the complete answer though. Regular communication updating costs and options desired during construction are a must. This will allow for adjustments before the Budget gets off track.

If you want to change or add something to your home during construction, a Change Order should be used before the change is made. This will keep an accurate account of where the budget stands.

Finally, using a professional Custom Builder, timely communication and good paperwork will position you to “Build the Budget” and hopefully have an enjoyable experience.

Dan Diephuis is the owner of Diephuis Builders , Inc. and winner of the HBAGGR 2006 Custom Builder of the Year award.

No comments yet. Be the first.

Leave a reply