The Custom Home Price Confusion

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Custom Home Build Island EstatesAward-Winning Custom Home

How Much Will it Cost to Build My Home from the Ground Up?

Your dream home is in sight! You have worked out the number of bedrooms and bathrooms you want. You have ideas for the kitchen, living room, fireplace, floors, fixtures and furnishings. Oh yes, you also want a pool with a custom deck, landscaping and a 3-car garage.

So how much will it cost to build your dream home?

Reported Price Per Square Foot

Surprisingly, it can seem there is no exact cost figure that can be given in response to this question.  And at this point a lot of confusion can enter the budget equation.

A Google search about the cost of building a home in Hillsborough or Pinellas County, Florida, gives results suggesting custom homes cost between $100 and $400 per square foot. That’s a staggering difference. On a 4000 square-foot home, that means your project could cost anywhere from $400,000 to $1.6 million. How can you properly budget on that?

Custom KithenAward-Winning Custom Kitchen

We receive calls from prospective clients wanting to build a custom home for $100 to $150 per square foot.  The high-end custom homes we build start at $200 per square foot on the lower-end and go up from there.  This can result in more confusion as it’s not what was seen on Google. So why the discrepancy? What affects the square-foot cost? Read on to find out.

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Five Ways to Make Your Custom Home Project Cost More – and How to Avoid Them

 

Custom Home

When you’re building or remodeling your home, you’re not buying towels or dishes.  In most cases, it’s one of the most costly purchases you’ve ever made.  So when it comes to budget, you probably want to figure out the best places to save money right off the bat.

There are many parts and pieces to a renovation or a construction project, and many ways to save money.  That’s the beauty of working with a qualified Design-Build company, as their professionals usually have years of experience on pricing and can guide you in the right direction on which design items to select to stay within your budget.  We often save our clients thousands of dollars by finding them finishes and fixtures that still look good and are in keeping with their tastes, but are far less expensive than what they might find on their own, as a consumer.  

When we sit down with our clients for their initial design consultation, there are five major areas we like to discuss before we proceed.  These big-ticket items can make or break the bank when it comes to a custom home project, and the direction we take depends on finding that balance between budget and aesthetics.  You have to decide – are these items so important to your custom home that you are willing to stretch your budget a little?  Or does budget take priority?  Is there a middle ground in any of these areas?  These are all important aspects of the design and planning process.

Here are five places where you can sway your budget considerably on a custom home project:

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