Choosing the right builder can be difficult. As you begin to navigate the home building process, it’s important to assess each builder’s capabilities in bringing your dream custom home to life. One of the best ways to do this is through a building quote.
For first or second-time home builders, obtaining a reliable quote may seem difficult, but there is one way to guarantee a reliable estimate for your new home – and that’s paying for a quote. A paid quote means your builder has taken the time to thoroughly assess your building requirements.
Continue reading to learn why you should always pay for a building quote.
The Difference Between Free Quotes and Paid Quotes
Put simply, a paid quote means peace of mind. By paying for this service, you’re setting a standard for financial clarity and are more likely to avoid budget issues down the track. Builders who offer paid quotes are also more likely to be reputable companies who can provide you with a seamless building experience from start to finish.
While you can source free quotes from various builders, these are likely to be only ambiguous outlines. Free quotes may only be one or two pages long and include low estimates based on square metre rates or low range inclusions. These quotes fail to factor in detailed specifications or bespoke contract features.
Settling for a free quote also increases your risk of paying more as the build unfolds. From excessive Provisional Sums to hidden variations, this approach leaves your budget open to potential blowout.
The Process of a Paid Quote
When you opt for a paid quote, your project is considered down to the very last detail. From custom warranties, to detailed descriptions of materials and realistic Prime Cost inclusions – nothing is overlooked or hidden.
Quoting processes vary from one builder to the next, but most builders will follow these steps:
- Analyse your current plans and any prior design documentation.
- Coordinate a site visit to meet with you and inspect the building site.
- Collaborate with you to produce a detailed specification sheet with all the inclusions for the project.
- Consult with any engineers, suppliers and architects who are already engaged for a detailed product review and progress analysis.
- Contact suppliers and trades for accurate service pricing.
- Develop a concise building timeline to understand the duration of your project.
- Quantify predicted costs for labour, materials and hire items.
- Assess insurance requirements.
- Tailor the inclusions package to align with your design specifications.
- Present the quote in a professional package.
While the above process is a reliable way to ensure all bases are covered, no two builders are same. Some builders will calculate their services from a pre-existing list of expenses, adding upgrades to this base price to provide a general but possibly unclear quote. While this method allows a builder to produce a number of quotes at once, it lacks the detail and finesse required of a custom quote.
From unnecessary variations to disappointment and the possibility of disputes during construction, free quotes can be accompanied by a wealth of personal and financial risks.
How Much Does A Paid Quote Cost?
A quality builder will tell you about their quoting costs upfront. Depending on what stage your build is it, your builder may need to conduct research and tests prior to developing an accurate quote. Generally, a paid quote will be around the $1500-$2000+GST mark.
At Pilot & Pine Homes we’re upfront about the financial reality of your project, with genuine quotes and meticulous project management from the outset. Ready to discuss the future of your next building project? Reach out to our friendly and experienced team today.
