FAIRFIELD COUNTY RENOVATION AND BUILDING: THE COST QUESTION

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FAIRFIELD COUNTY RENOVATION AND BUILDING: THE COST QUESTION
Greenwich Builders backhoe
Greenwich builders backhoe

A question we get asked all the time is: ‘How much will the house cost per square foot?’ The perception (or presumption) is that if you want to add or subtract a few square feet for whatever reason, you can simply add or subtract that amount per foot from the price or cost of the house.
However, in the construction business, it just doesn’t work that way. For us, it’s an impossible question to answer without a lot more info and details, and the answer can only be derived once the house specifications are finished and all costs have been accounted for.

It’s akin to asking, ‘How much does a vacation cost?’ without first knowing where you plan to go, how long you intend to stay, and how you’re going to get there, among other considerations.
The fact is, the details of every house are very different, and therefore the cost is entirely up to you, not your home builder. Only you know how much you can afford and what you want in your new home. It’s our job to apply our expertise and experience to finely detail your wants and needs and then construct a home that meets (or ideally exceeds) those expectations while remaining within your budget.
That’s why it is so important to determine and share your budget with us from the first moment you select us to build your home. Budget information should precede any talk of contracts or actual construction. Using the vacation analogy, we are like a travel agent working with you to plan a trip.  
Still, the square-foot cost question persists. So it might be helpful to understand what goes into or affects the cost (or ultimate price) of a home to gain a better perspective or understanding.    
First, the costs of similarly sized homes can vary considerably due to their specifications, the type and complexity of the foundation and roof, and many other construction and design specifics that are not directly related to the square footage of the house.
In also, costs including development impact fees and permits or state- and municipality-mandated code requirements can add anywhere from a few thousands to tens of thousands of dollars to the ultimate cost of a new home, regardless of size. Labor and material costs can also vary based upon the time of year, availability and demand for building materials and workers, weather conditions, and the complexity of the project.    
The list of variables goes on, and we’re happy to discuss them with you and explain how they might impact the cost of your new home. But in our view, asking us up-front what our homes cost per square foot and basing one of the most important decisions of your life on that metric alone would be short-sighted.
We think it’s better to have a full understanding of our process and expertise and marry our skills with what you can afford, want and need in a new home to achieve your goals. Visit our website for more information or talk with some of our past clients.

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