Building a custom home is something that many homeowners aspire towards, and it is often the culmination of months and even years of planning. The process varies from project to project, but there are some common steps that owners and builders undergo.
Assuming that the location has already been decided and financing has already been secured, the first important step is developing a plan. If the house is to be built in conjunction with a developer, the blueprints may be based on a combination of your original plans plus structural modifications suggested by the developer. The firm you are working with may also be able to provide you with template plans that you can then modify and/or adapt to your needs as you see fit. You may also opt to hire a third-party designer who will draw up a plan from scratch based on your specifications.
It is important to at least inform your custom home builder of your budget or at least its general range. Custom home construction almost always exceeds cost expectations, so you will want ample warning before you bottom out. Any recommendations that the builders make will therefore always consider the bottom-line. This will also enable the builder to make an appropriate proposal based on your specifications and your budget range.
You will have to meet with the builders at some point of course. A sit-down will enable you to discuss the plan in detail, along with the specifics of any features you may want to add or changes you may want to make. This process may require more than one meeting, as all the details of the project will need to be discussed in order to ensure the successful completion of the home.
After meeting with the client, the builder will then prepare the proposal. This will include the cost estimate of the project, the length of time in which it will be completed, and so on. Preparing the proposal can take several weeks, and it may undergo a few revisions. Once the proposal has been approved by the client, the contract can be drawn up.
The next step of the process is to actually sign the contract, which will signify that everything in the proposal is in order. The contract essentially protects the client from going over budget or beyond the timetable, and also protects the developer from possible disputes about work that was done–or not done–as the case may be.
The final step is the actual construction of the house. This itself can take several months, and the owner may also have to specify finishing touches as well. If all goes according to the approved plans and proposal, the custom home will be ready for occupancy at the agreed upon date.