How to Keep Your Custom Home Building Budget Under Control

When you’re buying a custom home, it can be tough to strike a balance between the home’s overall cost and exactly what you want – but if you’re prepared, you can do it. The reason it’s so difficult is that you don’t know how much to budget until you have a design… but you can’t design without having an idea of your budget range.

BUILDING BUDGET

So what do you need to do to keep your custom home building budget under control without compromising on either side?

Establishing Your Custom Home Budget

The biggest things that affect the cost of any home, custom or not, are:

  • Size
  • Complexity
  • Level of finish

Size and Your Home Budget

When you’re gauging the size of your next home, it’s important to remember that each room has a different cost per square foot. A bedroom, for example, will cost less per square foot than a kitchen will, which requires a high level of finish.

Complexity and Your Home Budget

A complex house costs more than a simple house does – but determining what makes a house complex is… well, complicated. Homes that stick to standard shapes (including roof shapes) cost less to build because labor and materials are generally cheaper.

The Level of Finish and Your Home Budget

This is simple to figure out; when you’re choosing costly finishes, you’re going to pay more. If you’re serious about sticking to a set number, limit your costly finishes to the kitchen and bathrooms while you use less expensive finishes elsewhere in the home.

Ready to Discuss Your Custom Home Plans with a Builder?

Call us at 615-661-9995 or get in touch with Carbine & Associates online to see what we can do for you. You can also take a moment to explore our gallery and find out what other services we provide, including land development and utility contracting in Middle Tennessee.

Contact

We would love to hear from you! Please fill out this form and we will get in touch with you shortly.

About the Author:

Carbine & Associates was founded by James Carbine and the late Denzel Carbine in 2003. Originally from Florence, Alabama, James earned a bachelor of business administration degree from Auburn University. As a long-time home builder, he continues the quality, elegance and passion for building synonymous with his early partnership with his brother.