Custom Building – Cost vs. Value

Do it right the first time.

Whether it’s a commercial or residential construction project it seems there is more of a tendency to go with the lowest cost general contractors.  That mentality is understandable in these lean economic times. However the old adage that “you get what you pay for” still holds true for general contracting services.

Clearly construction costs have come down in this economic downturn.  This doesn’t mean that the most qualified custom general contractors will suddenly become the least expensive.  Their costs have decreased proportionally due to the slack labor market and decrease in some building materials.

In construction the best way to control cost is to have effective management that inspires efficiency.  Getting each aspect of your construction project right the first time is always the goal of a competent general contractor.  Construction can be a very complicated process especially on larger projects.  With many moving parts and human beings working together mistakes will inevitably arise.  The trick is to identify the potential problem areas and mitigate their likelihood to harm the project.  With proper construction management by an experienced general contractor this can be done effectively and efficiently.

I’ve seen too many owners make their custom general contractor decisions based on price alone.  When choosing a custom general contractor based on cost the value delivered is commiserate with the price.  Evaluating your general contractor selection on other criteria such as experience, referrals, etc. will help you get your project done right the first time.  Re doing things not only cost more but adds stress and inconvenience.

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