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The objective for most people who build a new home is to get a valuable return on the investment and a home that fits their lifestyle needs. Value is created when your finished home is worth more to you than the cost of construction.
Keep in mind that there are no shortcuts to achieving a successful result when building your home. It takes expertise, good planning and proper management to build your home right.
Good up-front planning saves time and money and helps you to stay in control of your project. Penticton Home Builders takes your design concept and helps you develop a realistic budget before you start construction.
Because construction is largely a sequential process, resources need to be scheduled on a timely basis. When building components or manpower is not available at the jobsite, it will cause a ripple effect. Trades that are booked for jobs will be delayed and the building completion timeline may be affected. It is often difficult to reschedule trades as they may be busy doing other work.
For this reason, changes to the design once the project has been started can be a major cause of increased costs and time delays. On-site changes that may seem simple can result in structural design issues and the need for additional materials and construction resources.
The key is to planning ahead is to include all the variables in the building process. This enables you to monitor performance against your budget on a timely basis and make decisions that minimize risk. Penticton Home Builders can help you in this process.
Cost certainty in a construction project is a major concern for homeowners, builders and financial institutions alike. Penticton Home Builders has access to the proprietary Custom Builder XPM ™ construction estimation software developed specifically for the custom home industry. It produces realistic budget estimates that take into consideration all the details of the project in a short period of time.
The ability to generate a realistic budget in order to get the required level of cost certainty is not only important for the homeowner. It also helps financial institutions validate homeowners and builders for construction loans. You want to make all the necessary changes to your design so you can finalize your blueprints before asking for price quotes. Making changes during construction will alter the scope of work and subsequently affect the budget.
Getting a fixed price on the entire project is generally not feasible due to the complexity of building a custom home. A combination of fixed prices and realistic allowances is the most accurate budgeting method. Simplistic finished price per square foot quotes for the whole project are not realistic in custom home building.
Penticton Home Builders can obtain fixed pricing for the design and materials to get to the lock-up stage. This usually represents about one-third of the construction budget. Also the cost of framing the home can usually be fixed. Allowances for the remainder of the project can be determined once the homeowner has made a final decision on finishing materials and other items.
The time taken to complete your project will depend on the size of home, location of property, complexity of construction, weather conditions and frequency of inspections.
To determine a realistic occupancy date Penticton Home Builders uses a comprehensive work schedule detailing key milestones to keep the project on track. Each milestone is carefully planned to bring the project to successful completion and meet your projected occupancy date. Completing a custom home will be dependent on reaching these key milestones:
|Activity||From (wks)||Up to (wks)|
|Selecting Design and Materials||8||12|
|Permits and Approvals||2||20|
|Construction and Inspections||15||38|
|Projected time to occupancy||25||70|
Another important factor that influences timing is Penticton weather conditions. The Penticton region experiences cold spells and moderate snowfall which leaves a limited time period for building a custom home. Construction can take place any time once foundations are complete. However, foundations cannot be poured until the frost has left the ground. Road restrictions can take place in March and April which means it is difficult to transport heavy loads such as excavation equipment, concrete or full truck loads of materials.
Penticton Home Builders has a thorough understanding of Penticton requirements. We can help you plan your project to start at the optimal time.
Penticton Home Builders generally serves the Penticton and surrounding area but will also travel to more remote areas depending on the location. While it is relatively easy to find standard building materials in the Penticton area it is more difficult to access the higher quality specialty items used in many custom homes.
Penticton Home Builders has negotiated favorable discounts with local as well as national suppliers. This enables us to offer a wide range of quality building material options to our customers at attractive prices. Materials can be consolidated and shipped to the building site together. This saves our customers a significant amount of time and money.
Because of the wide range of customer design requirements, we offer access to site specific design services and assist our customers to select the right building components. We consider all the complex variables involved so that the home can be built cost-effectively on any building site in the Penticton area.
Building a custom home successfully requires attention-to-detail and a working knowledge of the construction process. There are many tasks to be performed and this requires a combination of good management and skilled people.
Homes have become more complex over the years and building code requirements more stringent. As a result, more construction expertise is required. This is why most homeowners agree that it is safer to hire building professionals to complete their projects. In some cases, banks will require a proven general contractor.
Any construction project is a major undertaking in terms of both time and money. The objective is to get a valuable return on your investment and a home that fits your lifestyle needs. Value is created when your finished home is worth more to you than the cost of building it. This is best achieved by good up-front planning and then making the right purchasing and hiring decisions.
Getting ready to build
The building process starts with selecting the right design and combination of materials. Once these key decisions are made, you can start to plan your project in detail. It takes time to get ready for actual construction, as a number of issues need to be addressed before work can start.
There are many design possibilities and thousands of building components with different performance characteristics to choose from. To get the best result, it is important to choose someone early on in the process who is a design and building material specialist. This enables you to develop a site specific design that can actually be built on your property.
Hiring the Right People
Someone needs to act as the general contractor and be in charge of the entire building process. Some homeowners act as their own general contractor and hire builders and trades directly. Others hire a general contractor to look after the project.
You should select a builder who is qualified for your type of project and is available to meet your time frame. Getting someone who can find, manage and schedule the right people is also important. You can only prepare an accurate budget by obtaining construction quotes that are based on rates that apply at the time of construction. Evaluation should also be based on the expertise offered and the ability to finish the project. Selecting a builder based only on the lowest hourly rate is never the best choice.
Contractors who are not properly insured automatically transfer the risk of injury and damage-related lawsuits to the homeowner. A contractor's business liability insurance can protect you if your home is damaged by the contractor or his employees, or if he causes damage or injury to third parties.
Having a meaningful written contract with your builder is essential. The key elements are scope of work, procedures for changes, payment terms and provisions for sign-off at the time of completion. The construction contract should also address responsibility for work-related injuries, damages to third parties and property damage (builder's risk insurance).
Getting building permits
Home building is a highly regulated process. Building permits are required before construction can begin. The time it takes to get permits is dependent on:
Apply for permits as soon as you have your construction blueprints because you can only start foundation work when building permission has been received. You can always delay construction, but you can't move forward without permits.
Preparing the building site
Once the land is cleared, the actual construction of your home can commence. This starts with excavating so that foundations can be formed and concrete poured when the weather conditions are right. It is important to get the foundations in place as soon as blueprints are available and permits have been obtained. Cement cannot be poured below freezing temperatures or other adverse weather conditions without special procedures.
Construction to Lock-up
When the building is at the lock-up stage it means that the home is now weatherproof and secure. The roof is complete with windows and doors installed. An inspection will take place at lock-up. This key milestone inspection will determine the structural soundness of the home and its compliance with building codes.
Finishing to Occupancy
When all of the exterior and interior finishing work is complete you can apply for a final inspection. Any deficiencies identified need to be remedied by you or your general contractor prior to granting an occupancy permit. You may be able to move in prior to receiving an occupancy certificate but you will need one prior to obtaining a mortgage, home warranty protection or selling your house.