For some Building a Custom Home will be the biggest investment in our lifetime and we at EDHB want to make that decision a pleasant one for you!
SELECTING A BUILDER
The Process for most people in selecting a Custom Builder is driven by emotions. But because the stakes are high, many buyers try hard to come up with a standard way to compare Custom Builders, which is by square foot but you can’t do it that way.
I can’t tell you how many times I have heard potential clients ask, “How much will you charge per square foot to build us a house? “To our minds, that’s like asking a car saleman , “how much is the car per pound?”. There are many factors to determine value and quality of a home, like Ceiling Heights and Details, Window Brand, Wood Species for Cabinets, Tile or marble floors, and Custom Closets or not. Two houses could be the same square foot and one could be double the price than the other because of Details, Selections and lot conditions.
In addition, ask yourself if the builder is someone whom you would want to have as friend? You don’t need to form a lasting bond to get a home you will love. But understand that you and your builder will spend hours and hours together for months at a time, planning the project, Building the home, and following up after closing. At the very least, you need to share respect and trust for one another and commitment to the project.
BUDGET WORK SHEET
This is a Budget Break down of all facets of the Home Building Budget process.
DETERMINING YOUR BUDGET
Before you can make an objective decision about who should build your new home, you’ll need to figure out how much you can afford or want to spend on your home.
Your total budget is the sum of cash plus borrowing power plus equity, if any, in the home site.
At this stage, we strongly recommend that you know your budget first before meeting with a builder to save you a lot of time and money. Now lenders can help you develop a realistic picture of how much you can spend on your new home. By now you can begin to determine the approximate dollar amounts of the construction of your new home. After a few conversations with lenders, however, you will gain a clearer picture of how far your dollars will go.
- STEPS TO BUYING A HOME
- Add up your income.
- List your household expenses.
- Calculate home ownership cost.
- Give your Budget room to grow.
- Make Adjustments.
Every Home project is unique in scope, but process is systemically applied to each Home project.
We seek to get involved early in the design phase so that we can manage the project more efficiently, provide effective building solutions, and identify challenges early on to mitigate design changes after construction starts.
This involves Detailed Pre-Construction planning crucial to successful Home project and on-time delivery, and allows the client piece of mind and team a clear pathway to the Bidding process, Construction phase, and through to completion. This is the best use of resources you can spend!
THE CONSTRUCTION PROCESS
Clearing trees, cutting in a rough driveway for access, staking the foundation, and setting up temporary electric service.
Digging, setting concrete forms, installing rough plumbing and electrical leads, pouring concrete, and finally knocking down the forms.
Setting the lumber for walls, roof rafters, beams floors, roof decking, and stairs. Installing windows, exterior doors, sheathing.
Felt paper, shingles, tile or slate.
Installation of rough plumbing, electrical rough and HVAC rough.
Installation of interior insulation material.
Painting exterior, siding, stucco or brick.
Installing and finishing drywall, trim , doors cabinets, and built-ins. Paint and staining, installing flooring and hardware, blowing in insulation, cleaning the home and doing minor touch up work.
Installation of plumbing fixtures, lighting fixtures, electrical outlets and switches, appliances, heating and air conditioning units.
Finishing the driveway, sidewalks, final grading of the lot, and landscaping. At this stage, builders finish concrete flatwork, clean the lot, and landscape it.
The last stage, in which you and the Builder meet to note last minute touch-ups and discuss warranty issues.