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Choosing to build the home of your dreams can be an overwhelming task with many decisions from where to build to the layout and type of home you desire. Selecting the right builder for your home is paramount to making the process go smoothly. To help you decide on the builder that works for you, here’s a brief explanation of the types of home builders and some of the differences in working with each.
Custom Home Builders
A custom home is generally a single-family home that is built to a buyer’s specifications on land that the buyer owns. With a custom home, you’ll be starting with a new design, so you must make many decisions, from the floor plan type to the final finishes. Therefore, you’ll have to work closely with the builder and architect to design and construct a home with all your desired features and elements. A custom home is truly one-of-a-kind and won’t look like any other house in the neighborhood.
Given the number of decisions you’ll make related to crafting your dream house, it could take longer to build and be costly. However, a key benefit of working with a custom home builder is that you can make alterations during the building process, although it may increase the overall price of the home.
Semi-custom Home Builders
A semi-custom home is constructed based on existing blueprints and can be built on the builders’ land or land you own. As a semi-custom home buyer, you can review the plans before construction and conform them to your personal preferences. However, unlike a custom home, once construction begins, there is less flexibility to make changes. And since the house is not being designed from scratch, it often costs less and is completed in a faster timeframe than an entire custom home.
Production Home Builders
Production homes are built in developments on land the builder owns and there will likely be multiple homes in the neighborhood that look similar. Production builders use standard plans, but often offer a variety of plan choices and options, such as different floor plans and elevations. You can choose from various feature options, from cabinets to countertops, which may or may not increase the base home price.
In general, production homes are built in a fast time frame since the builder has already obtained the necessary permits for the plans. However, alterations to structural elements, such as the foundation walls, will require reengineering the plans and resubmitting them for new permits, which could lengthen the completion date.
For more information to help you design your dream home, including a list of local professional builders, visit our member directory.