What do you recommend for building products when building a new home?
Posted April 28, 2019 in Real Estate Trends
Let’s discuss the concept first. Then I will follow up with future articles on specific products and techniques that will apply to create maximum value.
I am often surprised how people make decisions when purchasing a new home. Cost is always a factor. I always ask our clients this question: Are you most concerned with the upfront cost or the cost 10 years from now?
Most of our clients plan their home to be their last home. One that they would live in over the next 10 to 25 years. Aging in place is on the forefront of our client’s minds.
All products have a shelf life. Lower priced (builder grade items) tend to have a shorter shelf life. It is very common in our industry for builders to offer lower grade products to make the initial price more attractive. Maybe I am a contrarian. I 100% disagree with this approach.
We spend a lot of time challenging the system. The whole supply chain (vendors and subcontractors) are trained by most of my building peers to attack the price. What can you give me for the best price is the most common question builders ask their trade partners?
My question is: What would you do if you were building this home for yourself or your parents? Often you get a much different answer. One that attacks the value proposition. We then spend much time on evaluating how we can get maximum value at a price that is justifiable.
If you take the above into consideration your future will thank you.
Our Model Home (7909 NE 78th Street—across from Crossroads Church) is open Fridays-Mondays from 10a-4p.
We will be holding one of our Quail Cottages at Quail Grove open on Saturdays and Sundays from 12-4pm.
If you are thinking about downsizing…. Consider Quail…. you’ve earned it!!