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Custom Home Building Frequently Asked Questions
What About Costs?
This is
probably the most asked question on Hilton Head Island. The
answer is: It depends on what you want in your new home.
A number
of factors will influence actual costs. These include lot elevation,
tree clearing, whether sewer is available, the type of finished
work you desire, types of floor coverings, bathroom fixtures,
cabinetry, wall coverings and wall finishing's, windows, landscaping
and driveway, walkway layout, as well as the size of unheated
areas such as garages. Most builders do not include wallpapering
and landscaping in their final price.
Normally
you will be given an “allowance” for various items such as:
Bathroom fixtures, Light fixtures, floor coverings, cabinets,
counter tops, appliances, shelving and door hardware. These
allowances represent the amount that the builder has budgeted
to complete these items. Allowances may differ among builders
and will make a difference in the final price, so you need to
evaluate these budgeted items carefully with your builder. Be sure
that your allowances will cover any particular desires you may have-
for example wood flooring will be more expensive than
carpet, luxury fixtures will cost more than standard.
What is an Adjusted Square Foot?
The term
adjusted square footage describes the total areas of a home, not
just the heated square footage. The footage most people
are familiar with is the heated square footage which is, of
course, the area of the house that is conditioned space. However,
there are many other parts of the house that contribute significantly
to the cost and must be calculated to obtain the total. This
process is known as “factoring”. The various areas of the house are
given values that relate specifically to the amount of work and
cost involved in construction of that particular area.
Calculate this, the actual square footage of the area is multiplied by the
value of that area, thus becoming an adjusted square footage.
Do You do Free Estimates?
No. we normally charge a “value engineering fee” This is a service we provide to our clients
during their design and estimating phase.
This enables the client to gain product and construction knowledge in
order to make informed decisions before construction starts and to have an
active part in the cost of his or her home.
The fee is to cover time and materials cost. If we are selected as the builder, this cost
is credited to the contract price.
How long will it take before we can start building our
home?
The design process takes between
60 and 120 days. The Architectural
Review Board (ARB) Review Process is 30-60 days. The Town Permit/Review Process about 10
days. The average for the process is
about 4 months.
How long does it take to build?
Weather permitting, a 2500 to 3500 sq foot
home will take up to 8 months. A 4500 to
6500 sq foot home may take up to 12 months.
Is there a better time of year to start building?
Not really, but probably the best time is
between November and May in order to avoid a great deal of rain during
hurricane season.
If we purchase plans from a magazine, can you build from
them?
They can be used somewhat, but
local building codes, ARB guidelines, and local engineering requirements will
have to be incorporated in the plans. We
work with Residential Designers, Architects, and Engineers to help you
accomplish your goal. We also have a
selection of Southern Living House Plans that can be altered as well.
What is the
difference between an Architect and Residential Designer? An architect has 4 years of college and a two
year internship. Many residential designs have just as much experience as an architect and perform
the same tasks, but they do not have an architectural degree. Many residential designers have an architect
or a registered engineer review their work for accuracy. An architect generally charges a higher price.
What is a “Cost Plus” Contract?
Cost Plus means the builder is charging a fee
above the actual costs. The client is
required to pay for all costs of building the house and all items incur the
builder’s fee/percentage.
What is a “Stipulated Sum” contract?
After going through value engineering with
the client, a contract amount is identified and agreed upon where all materials
and labor are specified. The contract is
then written for a “stipulated” amount with certain considerations for changes.
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