Building a new home can be an expensive, confusing proposition. For most prospective homeowners, the costs and inevitable complications of new construction are enough to drive them up the wall. One of the easiest and most reliable ways to avoid untimely surprises is to arrange a building estimate. |
What It Entails
The standard building estimate will take into account all construction costs, from materials to permits, license fees, and labor. Estimates are ordinarily completed by general contractors (GCs) or by architects. Because they have a more intimate knowledge of construction costs, GCs are often better suited to complete these estimates.
Hiring A General Contractor
No matter how well a project is planned, mistakes will inevitably occur. Because they understand that errors are unavoidable, general contractors almost always put funds aside in anticipation of mistakes, overtime fees, and standard delays. Often, this means that your estimate will be a little on the high side, and you may be pleasantly surprised by the cost savings in the end.
Where To Start
To obtain a contractor estimate, take your house plans to a reputable GC and explain to him/her in great detail exactly what you're looking for. Although these plans are often completed by architects, GCs are far better at calculating building costs because they are, generally speaking, more experienced when it comes to project management.
To come up with an accurate number, the contractor will need as much detailed information from you as possible. The rooms you should focus on first are the master bathroom and the kitchen since they're often the most expensive when it comes to construction costs. At the very least, you will need to consider the fixtures, the tiling, and the plumbing in both spaces.
One of the key advantages of building a new home is that you can add all the latest features as you go. For example, putting in energy-efficient windows will save you the trouble of having to replace inferior windows in the future, not to mention the fact that they could save you thousands in annual energy bills. Adding features like these allows you to save money in the long run by ensuring that you choose equipment that is cost-effective and durable, rather than being saddled with equipment that is already present in an existing home.
Finding A Builder
After you have received your construction estimate, make sure you shop around a bit. Do not feel like you have to offer the project to the GC who completed the calculations. Depending on your location, it may behoove you to contact a number of different companies, from small independent contractors to large firms.
The difference between a small firm and a large one is that a large firm will often handle the entire project in-house, which means their cost projections are generally more reliable. By comparison, a small firm will often subcontract out the work to different specialists, such as masons, carpenters, and electricians, in an attempt to secure lower costs. Because no one firm can or will guarantee lower prices, shopping for general contractors is a critical step after you receive your construction estimate.
Seeking more information about general contractors? Sacramento, CA residents can learn more by visiting http://www.millsbuilders.com/.
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