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Estimating Costs for Custom Home Builds vs. Spec Homes

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  What should be answered first when it comes to building a new home is whether to custom home build or not, or just take a spec home. Both of these are associated with the cost, schedule, and benefits packages. However, to know what best suits your life and your pocket, you will have to dig a bit. Let us simplify it all and make you calculate possible prices of each possible option prudently. What’s the Difference? Before we dive into cost comparisons, let’s clarify what each type of home actually is. A custom home is the one that is constructed according to the personal demands. It is all about your choice; the layout, the fittings. A speck home (shortened to spec home ) is a home built by a developer with an aim to sell. It has pre-selected features, finishes and layouts. A Real-Life Example Assume you are like Sam and Amina, a young couple who want to settle down. They owned a piece of land in the suburbs and big ambitions of having their forever home. Initially, they were mo...

How to Factor Weather and Seasonal Delays Into Your Estimate

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  The weather is one thing that is never predictable but can bring chaos to your construction schedule. It is a matter of life and death, or rather, bidding when the weather delay in construction is not known to estimators and contractors. For estimators and contractors, knowing how to deal with weather delays on construction is not just helpful, it’s essential. Without good forecasting and some cushions, you are doomed to missing deadlines, extra costs, and unhappy clients. Let us explore how weather affects construction schedules if it is possible to preplan in a season and then some practical ways to adjust your estimates accordingly. Why Weather Planning Matters The first, weather delays happens to be one of the very common reasons that a project falls behind. Rain, snow, extreme heat or even high winds can pause progress sometimes for days. But here’s the rub: the weather isn’t just today; it’s also averages. That’s when understanding construction weather days per month becom...

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