Custom builders vs Project builders
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Just wondering if anyone had any advice on custom builders vs project builders. Not sure if thats the right terminology. Is there a massive cost difference. Are the homes from a custom builder any more or less expensive? Is the quality different. Is the whole experience different.
Thanks.
Instead we're going with a small custom builder who provides the designer, does the custom brief and the build. I'd prefer to do it this way rather than engaging an architect / designer and tendering out the build as at least this designer and builder work very closely together all the time, and know costings etc and what will blow out.
It will cost us most likely between 35% to 40% more for a medium to high spec (full timber floorboards, skillion roof with highlight windows, clerestory windows to one side, high spec insulation, double glazing and thermal sealing etc). As we're building on stumps it will also take longer for foundations than a slab, so more expense there. However, for a custom build which suits our block and that we're planning to live in for 10+ years, it's worth it.
You do have to be careful though that you don't overcapitalise on your land. Good luck with your choice.
I'll let you know if we're happy in 18 months time
Luck of the draw as to whether you will find one that will build the house for less. In my circumstance though I think I saved about 10-15% on what an equivalent home would have cost with a project home builder. Quality was quite good too and they were quite flexible to work with. See my build thread for the end result.
In the end I'm happy - I think we got the best of both worlds.
Stewie
Where are you looking to build, Anne? We've had one one quote from a custom builder (he builds 1 to 5 homes per year) and it sits around $1200 per sqm. This is based on specs that include 2720 ceilings, higher and lower ceilings in certain areas, high grade insulation, double glazed windows, stone bench tops in kitchen and both bathrooms, 2pac finish to joinery, decorative cornice and so on. Also includes site costs. We're in SA.
Can you share which builder this is?
Project homes can be built (depending on the level of finish and design of course ) from $1300-1500 per sq m for the house only excluding site works etc whereas a custom build using a one - off design and small builder will start at $2200 -2500 per sq m and frequently go well north of that. You just have to weigh up how much you can afford as opposed to how much you really want that particular custom design.
Stewie
Stewie
What state are you basing these figures on?
Custom drawn and built homes can end up being much more expensive on a per sqm basis but as I said earlier this depends on your particular site, ease of access, complexity of the design and the level of finish and fittings you are after.
I tell all my clients - which are nearly all renos and additions, to allow for around $2500 per sq m as a starting point ( without including window furnishings or floor coverings ) and if they add up all the sq m of their job, they should be in the ballpark cost wise.
Final costs in some cases are sometimes north of that as well.
Stewie
Will add that the cost per sq metre is about $1,000-1,200 but not include extra site work, drive and landscaping. Also depends on your choice of finishes you can easily double it.
Stewie
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