One of the ways to go about designing and building a custom home is the design-bid method. The design-bid approach is when homeowners first find an architect/designer and then find their builder after the plans are done. Or, a homeowner could purchase an online pre-made plan, then search for a builder. Usually, the homeowner sends the plans out for competitive bid by two, or three, or even more builders.
On the surface, design-bid, or competitive bid, may seem like the logical way to get the best price for your new custom home. But the competitive bid is not the best way to get the best value or even the true cost for your custom home. And, it can lead to many other unintended problems.
Don’t trust your dreams to just anyone.
You should feel confident and excited during your home building process. After all, the builder you choose could mean the difference between a project that’s done right, on-time and on-budget, and one that costs too much, takes too long, and is fraught with quality problems.
But with every builder claiming to be the qualified, how can you be sure you’re picking the right one?
Download What You Need to Know Before Hiring a Home Builder, written by Choice Builders’ owner and author, Roger Thomas. This guide will help you choose a builder who is right for you.
In it you'll find answers to questions like:
- How do I make sure a contractor can build to my budget?
- Why do some contractors appear to cost more than others do?
- Should I ask for a “free” estimate?
- How do I chose a good contractor, let alone, the best one?
- How should I compare prospective contractors?