There are so many things to consider when choosing a builder for your dream home, but one rule you should always follow is: do not choose the builder who offers the cheapest quote.
We understand that cost plays a huge role in determining the design, selections and construction of your home, but you should be wary of builders offering too-good-to-be-true prices. In the end, this decision could end up costing you more in the long run!
Read on to find out why the cheapest quote should be avoided, and how you can make an informed choice about your builder.
WHAT’S WRONG WITH THE CHEAPEST QUOTE?
If you’ve received a few building quotes, but one is showing a radically reduced price, consider it a red flag. A quote that seems unrealistically low – especially if it’s been put together for free – could be completely incorrect and may be based on an inaccurate square metre rate.
By the time you’ve signed the contract, you might be seeing additional costs mount up – costs that weren’t factored into your original quote. This opens up the possibility of blowing out your budget.
A builder offering a very cheap quote generally means they’re willing to cut corners and may mean lower-quality finishes in your home. When you’re investing so much time, energy and passion into a project, this is the last thing you want. You want someone who will be honest and upfront about the cost of your build, so you can get the most from your budget and receive a beautiful home.
A more unreliable builder, however, is more likely to do to the bare minimum. This could result in unsatisfactory work that you have to rectify later with another builder, or even a larger scale renovation in only a few years’ time. In the long run, taking the cheapest quote can end up costing far more than you bargained for.
HOW TO PICK A TRUSTWORTHY BUILDER
If you don’t want to find yourself in any of the predicaments above, there are a few things you can do to ensure you’re choose the best builder for the job.
Firstly, make sure you do your homework. Check out the company online – look at their website, social media accounts and any other press they may have gathered over the years. A trustworthy and highly-skilled builder will have an updated website, which includes testimonials from past clients and a gallery of previous projects you can look at. By doing this research, you’ll be able to get a sense of their process, what they are like to work with and the kind of style they usually build in.
When doing this research, you should be wary of a builder that says they specialise in a wide range of different services. It’s better to find a specialist builder who is an expert in a niche area.
Secondly, you should be wary of builders who offer free complimentary quotes. Creating an accurate quote involves time, expertise and research, which is why many respected builders charge for this service. A free quote can be wildly inaccurate, and this alone can provide an important insight into how a certain builder conducts their business.
Are you looking to work with a trustworthy and honest builder who will provide an accurate and reliable quote? Get in touch with the expert team at Edina Building Group today.