We recently purchased a 2-acre lot between Weatherford and Granbury.
Wife and I are about to be empty nesters, and we have lived in 3 homes over the last 20 years but never built. Few questions...
1. Is it better to pay a House Designer/Architect to have a set of plans that we can have a few builders bid - or to select a builder who will provide custom home design services as part of their offering? On the surface, it seems owning plans and being able to negotiate with several builders would be good...but average cost to get plans is $2.50/$3.00 per square foot under roof. For us that's going to be $10-12K for plans.
Noteworthy that I believe what we are seeking is not a unique floorplan nor do we have anything difficult about the build site to contend with.
I'm a negotiator at heart - so it's difficult for me to give up the option to work with multiple builders - but I fear I could be paying for plans that I would otherwise get for no charge and maybe there isn't enough savings potential to mess with negotiating hassles.
Thoughts?
2. Is there a benefit to having a realtor represent me to meet with builders? I can't imagine the builders don't just increase every line item by 3% to pay the realtor commission. What value should I expect to receive from that? Maybe it's worth it, but I need someone to explain to me why and how.
3. Referrals to great builders that operate in Parker and Hood counties would be appreciated
Thanks very much.
Wife and I are about to be empty nesters, and we have lived in 3 homes over the last 20 years but never built. Few questions...
1. Is it better to pay a House Designer/Architect to have a set of plans that we can have a few builders bid - or to select a builder who will provide custom home design services as part of their offering? On the surface, it seems owning plans and being able to negotiate with several builders would be good...but average cost to get plans is $2.50/$3.00 per square foot under roof. For us that's going to be $10-12K for plans.
Noteworthy that I believe what we are seeking is not a unique floorplan nor do we have anything difficult about the build site to contend with.
I'm a negotiator at heart - so it's difficult for me to give up the option to work with multiple builders - but I fear I could be paying for plans that I would otherwise get for no charge and maybe there isn't enough savings potential to mess with negotiating hassles.
Thoughts?
2. Is there a benefit to having a realtor represent me to meet with builders? I can't imagine the builders don't just increase every line item by 3% to pay the realtor commission. What value should I expect to receive from that? Maybe it's worth it, but I need someone to explain to me why and how.
3. Referrals to great builders that operate in Parker and Hood counties would be appreciated
Thanks very much.