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Old 05-02-2018, 04:49 PM
 
Location: Florida
7,244 posts, read 7,069,492 times
Reputation: 17828

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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
 
Location: Just south of Denver since 1989
11,824 posts, read 34,425,536 times
Reputation: 8970
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: The Mitten.
2,533 posts, read 3,098,493 times
Reputation: 8974
Buy an existing house!
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Old 05-02-2018, 05:49 PM
 
12,016 posts, read 12,750,660 times
Reputation: 13420
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
 
3,607 posts, read 7,917,540 times
Reputation: 9180
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
 
2,956 posts, read 2,341,741 times
Reputation: 6475
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
 
Location: Riverside Ca
22,146 posts, read 33,513,828 times
Reputation: 35437
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 that’s used to nail the framing together. Then they bid off your specs. You’re telling them what they use not the other way around.

And yes upgrades are going to cost a lot. That’s 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 you’re a techie
Wire for a chandelier, exterior lights etc. it’s 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. Don’t 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
 
4,566 posts, read 10,652,230 times
Reputation: 6730
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
 
1,251 posts, read 1,077,396 times
Reputation: 2315
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: Berkeley Neighborhood, Denver, CO USA
17,708 posts, read 29,804,344 times
Reputation: 33301
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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