Tips & Advice
How long does it take to build a house?
The time it takes to build a house varies, with the average time of the construction being 6-7 months from the time the permits are approved. If a customer chooses a personalized production home in a development, the construction phase can take only 4-5 months.
Custom homes take longer, for a few reasons: before the permits are approved, the custom design, floor plans and pre-construction process has to be complete, and this alone can take a few months. Getting financing and choosing a contractor can also add time to the process.
All home builds can be delayed due to weather, permit and inspection delays, waiting on construction material supplies, and disagreements between homeowner and contractor on design details.
Is it cheaper to build rather than buy a house?
It is not easy to figure out whether it’s cheaper to build a new house rather than buy. Industry reports show that the final price of a new construction home is significantly higher than buying an existing home. However, this isn’t necessarily an accurate side-by-side comparison, since new builds tend to be larger, more energy efficient, and more customized in terms of features and materials. Pre-existing homes will often end up requiring significant repairs, and ongoing upkeep.
What is a general contractor?
A general contractor is a company or individual that oversees an entire construction process and is responsible for pulling permits, liaising with inspectors, hiring subcontractors, working with homeowners and designers, and handling day-to-day oversight on the construction site.
How much does it cost to build a new house?
The cost to build a new house varies widely and is affected by many factors including the market, the specific location, the size of the house, what kinds of materials will be used, and what kinds of special features will go into the house. To get a better idea for price of new homes, start by researching comparable new builds in the area and neighborhood you’re interested in buying. Speak with architects and builders in your area. Also, read local blogs and trade websites. In general, the cost per square foot of a new development is $150.
How to choose a home builder
Choose a home builder based on their reputation for quality work, their style (it should match what you want in a home), their price, how busy they are, and how well they listen to and understand your needs. Take lots of time to research and interview. Read plenty of articles and profiles, ask people you trust for their recommendations, and ask your potential builders as many questions as you need to before committing. This is a major decision and above all you should not feel rushed or boxed into a decision.
Do home remodeling companies offer warranties?
Yes, home remodeling companies have a responsibility to offer minimum warranties to clients, and many of the reputable ones provide warranties well beyond the minimum terms.
Do home improvement projects require a permit?
Yes, home improvement projects almost always require a permit. Only remodels that are purely cosmetic--i.e. interior painting, cabinet refacing, replacing hard flooring--do not require permits. It is usually prudent to check with the local building/permitting office in advance of beginning the project.
What is a home improvement contractor?
A home improvement contractor is a licensed, insured, and bonded residential contractor who specializes in home renovations, home remodels and additions. Some home improvement contractors are mid-sized companies with employees, and they can handle major projects, such as second-story additions, from soup to nuts, bringing on reputable subcontractors and handling the permits with the local authorities. Other home improvement contractors specialize in just a few trades, like flooring or roofing. Individual, inexpensive home improvement contractors can be just a step up form handymen or carpenters--but if they’re making any lasting changes to the residence, they should still be licensed and insured.
What is a home improvement loan?
A home improvement loan is a loan specifically earmarked for renovating/remodeling the residence, and if the collateral is home equity, the borrower usually needs to detail the scope of improvements and costs, and a contractor needs to sign off when complete. However, people with good credit can also commonly take out unsecured home improvement loans, and there’s also an option of taking out a subordinate (second) mortgage.
Is home renovation the same as home remodeling?
Home renovation is not the same as home remodeling, though it is similar. Home renovation is the term for making improvements to the elements of a residence that are rundown or noticeably dated or too old to be comfortable/livable any longer.