You’ve been dreaming of building a custom home your whole life. Don’t let a builder kill your budget.
This scenario happens far too often—
A property owner has worked hard and saved for years to build a custom home. He finally feels he has enough money saved and is in a good position to build his ideal home. He approaches a home builder with his plan and the builder is quick to say, “Yes! We can build that. And we should be able to stay within budget, allowing for a few unforeseeable variables.” That sounds good, the property owner thinks. Building a home is a complex process, so there’s bound to be a few bumps along the way.
He decides to hire the builder and move forward with the design and construction of the home. Before he knows it, those “unforeseeable variables” start piling up fast and begin to weigh heavily on his budget. By the time the builder is nearing the end of construction, it looks like the property owners budget has been long forgotten. The dream has become a nightmare.
Are budgets made to be broken?
It depends on who you ask. Many builders will tell you that allowances are a necessary evil in custom home construction. We disagree. With a realistic budget, planning, and forethought, there’s no excuse for broken budgets. If you’re in the market for a custom home and want to avoid the scenario described above, do yourself a favor and download this free report. We’ll explain nine of the biggest budget killers and how to avoid them. It won’t take long to read, but it could save you from a ton of frustration.