What is a ‘semi-custom’ home? This question might be on someone’s mind who is buying a new home. The term isn’t as recognized as others in the world of real estate, but it is an option that many buyers consider. To gain a comprehensive understanding of this concept, let’s analyze what a semi-custom home is and what the process of building one entails.
What is a semi-custom built home?
This home is one where certain features are pre-determined and cannot be altered (i.e foundation, room locations). This part of the building process includes using templates rather than having to put together a complete design and building plan. Builders also purchase many of the materials and finishings in bulk orders, providing deeper discounts to the homeowners. Choosing semi-custom speeds the process of building up versus building fully custom, and it can reduce the timeline by months.
With a semi-custom built home, the property owner maintains complete control over many parts of the house, the same as they would in a fully custom built home. Details that can be changed include flooring, cabinetry, bathroom fixtures, countertops and even the layout or use of some rooms, often known as flex-spaces, within the house.
This is often a fascinating option for those who don’t want to work from the ground up with their new property. By having pre-determined components in place, it speeds up the process while enabling the property owners to still personalize their new home.
Enables Better Control Over One’s Budget
A significant advantage of building a semi-custom home is in the budget. Everyone has a finite amount of funds to work with on their new home. Therefore, it is essential to sit down and find a method to control expenses. One of the best ways to do this is by choosing to build a semi-custom home.
Numerous fees are eradicated such as the extra hours charged by an architect to build a new plan. Other costs can easily be controlled by limiting the selection of many materials and finishings to only those that are in the homeowner’s budget. This control helps ensure the project does not fall apart midway because the funds were misused or unexpected costs arose. Budgeting becomes that much easier.
Another way in which homeowners can control the budget in a semi-custom built home is by deciding which aspects of the home are most important to them. While one family might dream of a chef’s kitchen that includes high end appliances, granite countertops, a wine bar and espresso machine, another might prefer to go with a simpler kitchen and spend more money on a luxurious outdoor living space with a fireplace, built in grill and seating and water features. A semi-custom built home allows flexibility where it is most important and the option of going with builder’s grade options where upgrades mean less.
Studies have been done between custom and semi-custom homes to see which one costs less, (cost per square feet) and semi-custom homes came out on top. This is because materials are purchased in bulk by the builder and the timeline to build is reduced, and that equates to a significant amount of money saved.
Building a custom house is enticing as there is complete control from top to bottom, but sometimes, semi-custom is the best option, allowing control where you need it while reducing the added expenses and timeline involved. If this option is appealing to you, speak with us at Hawthorne Creek Homes to learn more about options available to you when building your own semi-custom home.
About the Author
Patrick Rogers runs Asurent Property Management based out of Medford Oregon. If you are needing property management services in that area, you can learn more at <a href=”http://www.medfordpropertymanagement.com/“>MedfordPropertyManagement.com</a>.