So, you're building a new house. Congratulations! Building a new home is overwhelming, exciting, and stressful, and one of the things you must do is select your materials. If you've never built a new home before, you might wonder how this works.
In this guide, you can learn how material selections work when building custom homes. By understanding this, you'll know how it works and your responsibilities with this task. A custom home offers a house that you design, and here are a few things to know about selecting the materials.
You agree on a price
One of the primary steps of building a custom home is signing a contract with the builder. The contract tells you what the builder offers and the amount you agree to pay. The amount you agree to pay includes everything needed to build the house. It might not include certain things, such as landscaping or appliances. You can read the contract to determine what it includes.
The contract also states the amounts you can spend for your material selections. Your contract should include various sections, including the following:
- Plumbing fixtures
- Electrical fixtures
Each category of the contract includes the amount you can spend on the items. For example, if the cabinets state an amount of $20,000, you can spend up to $20,000 on the cabinets.
You pick the materials by the deadline
Additionally, the contractor will give you deadlines for the material selections. You might need to pick some things before they begin building the home. You might then have to pick other things by the end of the first month. You must follow this schedule to avoid delays in the construction process.
As you look at the schedule, you can begin making your selections. Talk to your contractor if you need advice about where to shop for the materials.
You pay the extra
When picking your materials, you should consider the amounts you can spend. If you keep your purchases within these guidelines, you won't pay extra for the house. However, if you exceed these limits, you may pay extra.
For example, if you spend $22,000 on cabinets instead of $20,000, you must pay an extra $2,000 to the contractor. If you exceed each category, you might owe the contractor a lot of extra money at the end of the project.
Work with a contractor
Building a custom house gives you a home that you design. Are you ready to do this? Talk to a local custom home builder to begin working on it.