Ready to build your luxury home? If you answered yes, then it is time to start thinking about who you will hire to build it. This is perhaps the most critical step.
You may have a design in mind or even the necessary funds but if you do not find someone who is proficient to execute the building of your home you are going to find it a difficult process.
In order to prevent this from happening you need to hire a competent and reputable builder. Here are a few tips to help you choose the right luxury home builder.
If the company is new, the contractor should have previous luxury home projects for you to consider before hiring them.
Your contractor should be licensed. It does not make sense to hire someone who has no professional certification. Licensing is not a requirement in every state but your contractor should at the very least be able to show continued education in the field and be a member of a professional body for home builders.
Having insurance is very important because accidents do happen on construction sites no matter how careful everyone is. Builders must have general liability and workers’ compensation insurance.
If they do not have this type of insurance and someone gets injured, you could find yourself being held liable.
The amount of money that it will cost should be outlined before you enter into any contractualagreement.
Be familiar with the billing cycle. You do not want to be in a situation where you are blindsided by costs at periods that you did not expect.
The time-frame for the completion of the project is important. While pinning your builder down to a specific date may not be possible, there should be some discussion about the month in which you can expect completion of the project. You should also ask for a schedule.
The reason why you should not pin your builder to a specific date is that many things can affect the timeline. Weather, construction changes you want, and the design of the home can all be a factor in how long it takes to finish the project.
You now know the right questions to ask your home builder. The decision to build your dream home is a big one and you want to place your project into the right hands so that you have peace of mind.
The best thing you can do is to ensure that your builder has the experience, insurance, and licensing if your state requires it. Also, remember to ask about costs and the schedule for completion.
If you would like some help with building your luxury home, please contact us.