Published at Monday, April 16th, 2018 - 05:31:44 AM. . By Tordis Lovise.
Know your budget: When shopping for homes with developers, you have the advantage of having the floor plan, and builder chosen and the ‘price tag’ is already predetermined. When you purchase house plans you are going through a catalog of plans and will need to add up the components on your own. While a house plan may seem reasonably priced, remember you will still need a contractor to build and their fees must be taken into account, along with the property price. Before purchasing floor plans, know what your overall budget would entail.
Budget Considerations. One good way to find out what you can afford is to simply get three estimates from contractors. Discuss what you want with the contractor and if the estimate is high, ask them how you can reduce the costs. The estimate should be separated into cost of materials and cost of labor. By getting a professional opinion first, you may find that the bids are very similar and you have a good starting point for the high-end cost of your project.
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