Custom Built Homes, Hiring a Builder

Lindsay ~ 18 February 2005

People often decide to go with custom built homes when they are looking for a vacation home or are fortunate enough to be able to design their dream home. Unlike with production built homes, you can get exactly what you want and nothing you don’t want. It’s likely the largest project you’ll ever undertake though, and hiring a builder can be tricky. Realty Times offers a helpful article called Online Tools Help With Builder Selection that’s a good place to start if you are thinking of building a custom home. Mortgage calculators is also a helpful place to visit while you’re in the planning stage, as it can help you figure out how much of a payment you’d be looking at. Most contractors will tell you to plan for an end cost of at least 10-20% more than your estimate with a custom built home. Also remember, you need to figure in the cost of the land as well as the materials and labor.

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