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                         The Building 
                          Process 
                          Construction time for a custom home is typically 4 to 
                          5 months depending on the complexity of the home and 
                          weather conditions. 
                           
                          Construction Inspections  
                          With a complete set of plans and detailing the home 
                          as agreed and complete specifications detailing what 
                          is included in the home and what is not. The construction 
                          of the home is inspected by the town building department. 
                          They are trained in the field and look at a lot more 
                          than most homeowners will ever want to know about the 
                          construction of a home. 
                           
                          These inspections are done at the following times: 
                          Basement footing 
                          Basement wall 
                          Garage footing 
                          Rough framing 
                          Rough plumbing 
                          Rough electrical 
                          Insulation  
                          Final certificate of occupancy (C of O) 
                           
                          Cost 
                          There are several factors to consider when trying to 
                          calculate the cost of a home. There are a limited number 
                          of suppliers and labor providers for custom homes. We 
                          have one of the oldest track records in Penfield as 
                          well as an excellent credit rating. I would love to 
                          tell you that our purchasing power allows us to purchase 
                          products and labor at a lower rate than anybody else. 
                          However in reality, it is a very competitive industry 
                          and most credit worthy builders pay about the same price 
                          for the goods and services they purchase. Therefore 
                          it is hard to understand how one builder can offer a 
                          special cost advantage over another builder. If there 
                          is a cost advantage it is typically because one builder 
                          is purchasing and providing a lower quality service 
                          or product than another. 
                           
                          If three different builders were to prepare a bid on 
                          the same house with the exact same finishes and level 
                          of quality I would be shocked if there is more than 
                          a 1% variance in the price between the three. The problem 
                          is that this never happens. Each builder will include 
                          different items in the home and their trades will have 
                          different quality levels than other builders. This will 
                          make a completely different home with a completely different 
                          price. This is what makes it so difficult to compare 
                          prices. 
                           
                          The important point is to find a builder that you trust. 
                          Everybody should agree on exactly what will be included 
                          in the home as well as the quality level that is expected. 
                          The end cost will be a function of the home and quality 
                          level you desire. 
                           
                          Cost per square foot is a commonly asked question of 
                          a builder. It is impossible to give an accurate answer 
                          to this question until the plan is chosen, finishes 
                          are agreed to, and the home site has been evaluated. 
                           
                          Each home is quite different and the material included 
                          or not included will make a major difference in the 
                          cost per square foot. There are probably 10,000 variables 
                          that can impact square footage costs due to home design, 
                          specifications, site conditions and more. 
                           
                          Typically as the square footage rises, the cost per 
                          foot will go down. This is because the same home, regardless 
                          if it is 2,500 feet or 3,500 feet or whatever size, 
                          built on the same lot with the same quality will have 
                          the same amount spent on landscaping, utility impact 
                          and map fees, driveway, appliances, garage, and many 
                          more major items. As the square footage increases those 
                          common costs are spread over more square footage which 
                          reduces the actual cost per square foot. 
                           
                          There are many areas in a home where footage can be 
                          added relatively inexpensively. This will work in your 
                          favor since the cost of the footage will be less than 
                          the value of the footage. Your builder should be willing 
                          to discuss this with you and make some suggestions. 
                           
                          Our preferred method of operation is to assume that 
                          all of our customers are looking for and expecting an 
                          executive style home with executive finishes included 
                          as standard. When you consider the cost per square foot 
                          it is advantageous to build that style of home. Many 
                          builders offer a low price per square foot with minimal 
                          specification for the home assuming the buyer will upgrade 
                          to the expected quality. Personally I do not want to 
                          be on either end of a surprise like this, and I doubt 
                          you would, too. By using an extensive standards list 
                          it is easy for a buyer to remove certain items that 
                          do not fit his or her needs. It is easy to imagine something 
                          not being there. If you have to upgrade to a certain 
                          item try to see what the style of workmanship is in 
                          the installation of the product. 
                           
                          Financing 
                          We allow you to get your financing from wherever you 
                          feel comfortable. We do things a little different than 
                          some other builders.  
                           
                          Upon a signed contract and before we start the house 
                          I ask for a 5% deposit. With the balance at closing. 
                           
                          Be wary of a builder that requires draws at certain
                           stages. This is a sign that your builder may be in
                          over 
                          his head financially. If this is true you should be
                           careful to be sure no mechanics liens are on the home
                          
                          at time of transfer. This may also makes a difference
                           in the quality of labor available to that builder.
                          Very 
                          few trade workers are happy about working for a builder
                           that cannot afford to pay his bills. 
                         
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