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Planning a New Home/FAQs
Should I Hire a Builder? |
Building your own home is not as simple as it may appear. For example-Have
you had adequate technical training and do you have a working
knowledge of the Building Code? You would be somewhat nervous
if your builder told you that your house was going to be his
first and you may not want to finance his education.
For you to take over any function in the home construction process,
you should calculate in the cost of your education to do that
job. The cost of wasted materials after you have done it the
wrong way, and the professional consulting to get the mistakes
fixed, can be a difficult and expensive learning experience.
A professionally built home instills confidence. If you sell your home down
the road, will a purchaser pay more for a novice built home or one built by a reputable known builder?
There is a common misconception that the builder adds excessive
profits to the total home costs and some people think they can avoid paying the extra charge by building
the house themselves. In order for this statement to be true the novice builder and the professional
builder would have to have the same net costs. The professional's net cost will always be lower.
Construction is a competitive industry and profit margins are lean. There is not a lot of money to be
saved by acting as your own general contractor. You might be pleasantly surprised at how little
it really costs to hire a professional.
Can you devote 3-4 months of essential daytime supervision? Will
your current job suffer? Do you have the ability to recognize
and stop potential problems as they occur? When you take on
the responsibilities yourself, you may find that you cannot
hire the better sub-contractors when you would like because
they are already booked.
Those who have chosen the route of self-contracting commonly speak
of frustration, costly delays and headaches. Although they
were in direct contact with the subtrades and were able to
make their own decisions every step of the way, they were
overwhelmed by the sheer volume of decisions to be made. The
builder makes it easy for you by making many of these decisions
on your behalf, leaving you with the decisions that make your
house uniquely yours such as cabinetry, fixtures, and wall
and floor coverings.
There are so many complexities and other important aspects to building
a new house that it is wise to deal with a professional builder
and one who can provide you with an independent third party
guaranteed warranty. You can get started by going to the list
of Registered Builders in the New Home Warranty Program.
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