We put you in control with no surprises. Some contractors work on a cost plus basis, shifting all the risk to the client. We understand that you rely on us as experts, and you expect expertise in developing budgets and costs. That’s why we provide our clients with a fixed price agreement.
As we develop the plans and specifications for your custom home, we continue to develop the budget. Once the planning concludes, we provide you with a final fixed price cost quotation so you’ll know the cost of your new custom home before we excavate for your foundation.
How It Works
There are three primary cost drivers for your custom home. These cost drives include:
- The land characteristics
- The home design
- The ingredients that make your home.
All three cost drivers interact with each other in a dynamic way. The success we have in achieving your targeted budget will depend on how well these three drivers are integrated and updated.
Land Characteristics
All real estate is not created equal. Land characteristics can often affect a budget by as much as 30%. To develop an accurate budget, a site analysis is imperative. Estes Builders performs an extensive site analysis that integrates with the budget and design of your custom home.
Design
A benefit of our design team approach is our ability to incorporate the budget target as we move the design forward. Your design will be developed alongside the target budget with current and accurate cost information.
Ingredients (Specifications)
During the planning process, we work with you to develop your ideal ingredient list for your home. As you explore alternatives to various ingredients, we provide prices for these alternatives so you can see what the affect is on your budget.
Feasibility Study: The Whole Picture
Often, there are other cost items beyond the home construction that need to be considered before you develop your custom home budget. We can assist you in developing your budget by implementing a feasibility study.
A feasibility study helps us account for costs like site development and utilities. This study can help us provide you with a more complete budget picture.
To learn more about our budget process, contact us today.