You have decided that you are going to build your dream home, but do you hire a custom-built or production home builder in LBI?  Is there any difference?  Yes, there is.  Both builders are great choices and can give you that dream home you desire.  The main difference between the two is that a production builder builds their houses using a library of floor plans, and a custom-builder creates one-of-a-kind homes.

Custom-Built Builder

This type of build is less scripted because there are no pre-defined choices.  Your home can be built on land that you just bought or land you have.  You can either commission a set of floor plans that are drawn from scratch or use the ones you have designed.  You have the choice to work with separate builders and architects.

With a custom-built home builder in LBI, the buyer is involved more with the project and has opportunities to make decisions.  You can pick out the products you want in your home from any category, 

Production Builder

According to the National Association of Home Builders (NAHB), hiring a production builder, often offer a package deal on the home and land.  You will have to choose from one of many house plans.  They also only allow the buyers to select their style and design from a set menu in the product categories they have chosen.  The homes they build are for move-up, first-time home buyers, and luxury buyers. 

Cost

With a production builder you can expect to pay less for the same size home you would get from a customizer home.  One of the reasons they can do this is that production builder in LBI is they have volume purchasing power when buying land and building materials.  The strategy of a production home buyer is to purchase the right type of land to build large communities.

The actual price of a custom-built home will depend on different variables.  The biggest variable is the size of the home.  The intricacy of the design, building materials and products, and the land all figure into the price.  A custom builder does not enjoy the economics of labor efficiencies and the ability to purchase building supplies and material in bulk.

Conclusion

When deciding which builder in LBI to choose, you need to remember that working with a production builder, you cannot change typically change the basic structure.  This includes the square footage or layout of the rooms.  The plus to this is that there are usually a wide variety of options or floor plans, to choose from. 

Using a custom builder, they are using your ideas and floor plan to design the perfect home for you the way you want it.  There are no “cookie-cutter” homes you have to choose from.  Your home will be different from the others in the community.  They are just going to be more expensive.

If this is a home you plan to stay in for many years, you have to decide if you want to pay the extra and have a dream home you have designed or one that looks about the same as all the other homes in the community.

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This Article Penned by Lora Davis