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We are considering relocating to the Raleigh area. If we do, we want to custom build our dream home. We want something like 4000 sq ft on at least 3/4 acre lot, granite, 3 car garage, pretty nicely upgraded but not overly upgraded.
Does anyone have any experience on custom builds? We are most interested in getting a rough cost estimate of what it would cost per sq foot (excluding land). Are the builders good to work with? Please help.
Check out Elliott Stroud (http://www.elliottstroudbuilders.com/) (broken link). I met with them and we walked through a few of their homes in Wake Forest. I was very impressed with them and the quality of houses that they were building. Unfortunately, they were out of our price range and were building too far north for us. They are willing to build on your lot too.
I think that if you explore their web site and look at some of the houses that they have for sale your questions will be answered. They list the asking price, show pictures, and the spec sheets go into detail about the items included in the price, lot size, etc. If not, give them a call or email them. They were very helpful to me. The only reason that we decided against them was that they were building in neighborhoods that were too rich for our blood, and also the drive to RTP was more than I was comfortable with.
We are fortunate to have many excellent custom builders around here. Price per square foot is very deceptive. It depends on what you select for the house and what kind of construction you choose, so you need to be pretty specific when you talk to a builder. Very significant, also, is where you are building. The cost of the lot does vary, as you know, but so does the cost of labor, permits, utilities to the lot (if they are not already there), grading etc. There are also semi-custom builds, which is actually what most people actually end up doing. There are a lot of new construction neighborhoods with features like you describe and they are all over the map. It is far easier to pick one of those neighborhooods where you are allowed to customize the house from a choice of plans. Builders own those lots and you can pick the builder you like the best and then his or her best lot. If you are going out of a subdivision or trying to find a lot which allows you to "bring your own builder" it can be tougher unless you already own a lot. Developers and builders are out looking for lots every day, but there is so much competition they do not have that many lots of their own. PM me if you want more specific information.
I'd like more info too, when you get the chance. I like the idea of choosing a builder first, then checking out the plans and the lot. We want .5 acre + wooded lot, deep set front yard, etc, ranch, reasonable, and this is proving difficult to find. New construction doesn't really excite me, (the older houses have a karma that you can feel, and it helps make the buying decision easier) but most older homes we have seen are in serious need of upgrades, or have something else wrong with them. So, why not start from scratch??? Thanks.
Someone also mentioned in the Charlotte forum also you can check out jd powers website.
http://www.jdpower.com/homes/ratings/home_builders/index.aspx (broken link)
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