If you’ve been looking at the high prices of homes in Denver recently you might be seriously considering planning your own custom build. Is it worth it? The short answer is yes, but while building your own custom home provides good value for money, there is a lot of planning and attention that needs to go into the process.
Find A Plot
The first step to building a house is to find a suitable plot of land on which to build. You will then need to consider the cost to excavate the site to prepare for building. Often this will involve mitigating the land as Colorado has a tendency of having soil that does not lend itself to building. Factor in accessibility to the property site; is it well connected to main roads or on any kind of gradient? Construction equipment and design work can raise the price if you don’t consider it initially so make sure every single base is covered.
In 2018 the average cost of building a custom home in Denver was north of a million dollars at roughly $250 per square foot. Factoring everything into your initial budget will give your project a detailed itinerary from start to finish. For a basic home you can look to pay $150 per square foot while a luxury build will be closer to $400. The cost of building also includes the excavation and foundation, fittings and fixtures, and labor costs. As you’ll see below these are issues that you can get help with in the shape of a great general contractor.
The Right General Contractor
You must find a reliable and trustworthy Denver general contractor before you start to put any of your plans into action. An experienced contractor will help you through the design and planning aspects of your new home to give you the best possible amenities while keeping the bill within your budget. They also provide the best quality materials at lower prices than you would find yourself by buying wholesale. There are several reputable contracting organizations in Denver so do your research and choose the one that has the most experience in the style of home you want to build.
Fixtures, Finishes & Appliances
You will find the process of building a new house from the foundations up is a good opportunity to fit any systems and finishing touches within the building process. This means you can roll everything into one job without having to worry about remodelling rooms at a later date – and at an extra cost. Think smart systems for security and lighting, high-quality countertops and cabinets in the kitchen, and a master suite with clever plumbing upstairs. For appliances you can select energy efficient options with long warranties to save you more money once you’re moved in.
With all things considered, building rather than buying represents a shrewd choice for buyers looking to settle in Denver, and is worth the extra energy and time to create the home of your dreams.