When the decision has finally come to start building that new home in Duluth, MN or to start that remodeling project in Superior, WI there are a few things to consider before hiring a home building contractor to do the work.
The Bidding Process
Before you decide which building contractor to hire you need to go through a bidding process. The bidding process is designed for builders and remodelers to compete for your business. To start this process you’ll need to have a clearly defined scope of work and you should get at least 3 estimates for the work being done. Being crystal clear for the project and getting multiple bids allows you to select the builder and contractor that matches your vision and needs as a homeowner.
When the estimates are completed go through them to make sure all the contractors are on the same page with your ideas. The estimates should be itemized for the various portions of work, any allowances should be made clear with what was included, and the major materials should be specified. Did you include what materials you’d like for your building project?
Making A Decision
As a homeowner, before you make your final decision, ask the contractor for some references. Try and get references for similar projects that you are having done. The important and all too often missed opportunity is to actually call the references! Ask what these customers liked and what they didn’t like about working with the home builders.
When you decide on a contractor and before you sign a contract you should do a few more things.
First and foremost, make sure the contractor is licensed in the state where the project will take place. This ensures that the contractor is not only operating legally, but that they are also bonded and insured.
Secondly, make sure that the contractor provides some sort of timeline for start and completion of the work. Expectations are the #1 reason for dissatisfaction with home building projects and why our team at Anderson & Hammack is so dedicated to clear communication!
Lastly, read the contract you are signing. You are investing your money in your home and you need to know what obligations you have and what obligations the contractor has throughout the project. Again, clear communication and expectations are crucial for success. Hire a partner in your vision, not just another home builder.
If you are thorough and diligent during the hiring process, you will be on your way to a successful project that you will be able to enjoy for years to come.