Six Things You Shouldn’t Assume About Custom Home Builders

If you hire a custom home builder, you might find that you end up more satisfied with the home that you eventually end up living in. That's why you should not be disinclined to work with a custom home builder because of inaccurate assumptions.

The following are six things you shouldn't assume about custom home builders. 

You can't have your home financed when you hire a custom home builder.

It's not necessarily true that you won't be able to take out a loan to build a custom home. While it might be easier to get financing to purchase a home that has already been built, it's still possible to get a construction loan for a custom home if you're persistent and you do some research. 

You need architectural or building experience to work with a custom home builder.

Anyone can have a custom home built. Your custom home builder will handle all the technical details for you. You don't have to have any building experience yourself to fully benefit from the services and expertise of a custom home builder. 

A smaller custom home is significantly cheaper than a larger custom home.

If you're having a custom home built, you shouldn't assume that it's always less expensive to choose a smaller home. In fact, the cost per square foot of custom homes tends to go down the larger the home is. This could make it so that you can afford a larger custom home than you expected. 

Custom homes are always more expensive than spec homes.

A lot of future homeowners are discouraged from having their own custom home built because they think it will cost way more than buying a spec home or a home that has previously been lived in. However, if you explore the options, you may find that custom homes are surprisingly competitively priced in comparison to spec homes. 

You will have to wait a long time to move into your new home if you hire a custom home builder.

Another common reason why future homeowners decide against hiring a custom home builder is that they think it will take too long to build a new home. It's important to realize that it can also take a long time to close on a previously lived-in home. Custom home building doesn't always take a lot longer than buying a preexisting home. 

You have to buy a lot before hiring a custom home builder.

While you'll need a lot before a custom home builder can start constructing your residence, you don't necessarily have to purchase a lot before you hire a home builder. In fact, custom home builders may be able to assist you with finding the right lot for your unique home design in some cases. 

Contact a company like Yellowstone Basin Construction to learn more.