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Old 05-02-2018, 04:49 PM
 
Location: Florida
4,230 posts, read 3,528,408 times
Reputation: 9385

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I spent about 3 hours today at the showroom of a builder we are considering. Omg do they ever offer the cheapest crap as your base items then charge a ton for 'upgrades'. For example, an upgraded towel ring was listed for $80. I checked online and it only costs $20. Seriously?






So, who here has built a home with a large building company and not been bled dry? How did you do it?
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Old 05-02-2018, 05:00 PM
Status: "October is the eighth month" (set 24 days ago)
 
Location: Just south of Denver since 1989
10,682 posts, read 28,512,207 times
Reputation: 6842
only upgrade what is hard to do after the property is finished.

ie added electrical, upgraded flooring...

do the other stuff after you close.
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Old 05-02-2018, 05:22 PM
 
Location: between three Great Lakes.
1,633 posts, read 1,788,160 times
Reputation: 5392
Buy an existing house!
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Old 05-02-2018, 05:49 PM
 
10,274 posts, read 6,519,194 times
Reputation: 10857
Quote:
Originally Posted by kab0906 View Post
I spent about 3 hours today at the showroom of a builder we are considering. Omg do they ever offer the cheapest crap as your base items then charge a ton for 'upgrades'. For example, an upgraded towel ring was listed for $80. I checked online and it only costs $20. Seriously?






So, who here has built a home with a large building company and not been bled dry? How did you do it?
Get the cheap towel ring and put a better one in later.
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Old 05-02-2018, 06:15 PM
 
2,393 posts, read 4,868,184 times
Reputation: 4519
When buying a new house you MUST expect this. The price quoted is for all builder-grade stuff and the model has all the upgrades.

Either pick a cheaper base model so you can afford the upgrades you want or buy a bare-bones better model.

Not a lot different from buying a car.
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Old 05-02-2018, 06:33 PM
 
2,141 posts, read 1,154,578 times
Reputation: 4371
Do the work yourself.

or

Buy a house that has the upgrades you want already built. Plenty of resales out there.

I wouldn't be buying in SE or SW Fl at this stage in the game. I can't speak to the Northern areas but any place that has been driven by Greatest and Boomer's moving down is likely to be peaking now or really soon. The last 5 years or so of the Boomers are significantly worse off and many either already own property or can't afford it and will be continuing to work.

Don't expect the last 20 years to continue, well except the inevitable crash that is coming in any areas outside of the largest cities. Prices are ridiculous for many area wages and it isn't sustainable. All those bedroom communities with little more than a Walmart, some strip malls and HOA after HOA are going to be in hurting.
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Old 05-02-2018, 07:05 PM
 
16,519 posts, read 17,570,611 times
Reputation: 23616
Quote:
Originally Posted by kab0906 View Post
I spent about 3 hours today at the showroom of a builder we are considering. Omg do they ever offer the cheapest crap as your base items then charge a ton for 'upgrades'. For example, an upgraded towel ring was listed for $80. I checked online and it only costs $20. Seriously?






So, who here has built a home with a large building company and not been bled dry? How did you do it?


You do your own plans and your own upgrades. Basically you send them YOUR specs on what you want built down the the nail size thatís used to nail the framing together. Then they bid off your specs. Youíre telling them what they use not the other way around.

And yes upgrades are going to cost a lot. Thatís why you upgrade what you need and the rest you do after you move in.

Example
Get good cabinets and flooring to start with.
Good front door
Good valves and faucet fixtures.
Good windows
Prewire for alarm system, satellite, surround sound, data, video etc if youíre a techie
Wire for a chandelier, exterior lights etc. itís a lot cheaper now than later.

The towel racks, lighting fixtures, door trim knobs crap like that just get whatever they normally put in and later when they break replace them with what you want. Donít waste money on baseboards. You can rip out the cheap crap and put better ones in. Same with crown molding or if you want window trim.
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Old 05-02-2018, 07:19 PM
 
4,483 posts, read 7,949,372 times
Reputation: 6415
Quote:
Originally Posted by kab0906 View Post
How did you do it?
Install the $20 fitting, after you move in.
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Old 05-02-2018, 07:19 PM
 
1,046 posts, read 713,298 times
Reputation: 2000
Upgrade on your own later! Think about it: why mortgage an $80 towel ring? Get in the house you love and upgrade with cash a room at a time.
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Old 05-02-2018, 07:43 PM
 
Location: The Berk in Denver, CO USA
13,125 posts, read 18,750,321 times
Reputation: 20445
1. Only do “structural” upgrades. For example, an electrical outlet. For example, natural gas outlet near patio.
2. Learn to love cheap towel rods.

Do not buy from builders with showrooms.
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