March 28, 2024

Answering Your FAQs About Custom Home Building

At NS Builders, we’ve been helping clients turn their dream homes into a reality for over a decade, and we’re here to answer some of the most frequently asked questions we get about custom home building.

Building a custom home is a lifelong dream for many homeowners. The idea of designing and creating a space tailored specifically to your preferences and needs is incredibly exciting — but it can also be overwhelming.

Luckily, equipped with enough research and the right custom home contractor, new home construction can be a stress-free and rewarding experience. At NS Builders, we’ve been helping clients turn their dream homes into a reality for over a decade, and we’re here to answer some of the most frequently asked questions we get about custom home building.

Why Choose a Custom Home?

One of the primary reasons people choose a custom home is that it offers complete control over the design and features of the house. Unlike a pre-designed spec home, a custom home allows you full creative control to create a home that reflects your unique style and caters to your specific functional needs. From layout and floor plan to materials and finishes, every aspect can be tailored to your preferences.

Custom homes are also a great fit for people who have a plot of land they love and want to create a custom home design that is ideally suited to the landscape. While you can always renovate or build your home to your exact wants and needs, plots of land aren’t as versatile, so many homeowners opt for choosing the perfect plot and then designing a custom home to complement the land and its unique features.

What’s the Difference Between Spec Homes and Custom Homes?

A spec home, short for speculative home, is a house built by a builder or developer without a specific buyer in mind. These pre-designed homes are often constructed in new developments and offer a cookie-cutter design that the builder thinks will suit most people. There are typically some minor options for customization, such as choosing cabinet and counter finishes.

On the other hand, a custom home is uniquely designed and built for a specific client. It offers endless possibilities for personalization, from floor plans to finishes, and is minutely tailored to the homeowner’s one-of-a-kind needs. 

How Long Does It Take to Build Custom Homes?

The timeline for building a custom home can vary depending on many factors, including the home’s size, complexity, location, and the weather. Generally, custom homes take about a year from initial consultation to final move-in. However, this can be as many as 18-24 months for large homes or complicated construction sites.

Luxury custom home builders will always provide you with a timeline for your specific project once the build phase begins. This will help give you an idea of when you’ll need to sell your old house and get ready to move into your new property. Although delays are always possible, high-quality custom home builders like NS Builders will continually strive for clear communication and timely updates throughout the process to ensure everything goes smoothly.

Do Custom Homes Appraise Lower Than They Should?

Unfortunately, custom homes do generally appraise for less than their value. This is because custom homes are generally built in neighborhoods with houses from past decades, so there are no accurate comparisons with which to appraise against. 

This lack of comps means that new custom homes don’t always appraise for as much as they should. As a result, buyers should ensure that they have more cash than needed to put toward their new home, as their loan may not be sufficient to cover the full cost of the build. The exception to this, if having cash on hand is a concern, is if you are building a custom home in a neighborhood with many other new construction homes that can be used as fair and accurate comps.

If you’re seeking a premier home-building experience, NS Builders is here to help. We pledge to be your lifelong partner in the new home construction journey, working alongside you to create a custom home that fosters decades of happy memories for you and your loved ones. No matter your design goals, our team has the knowledge, resources, and experience to turn your dream home into a reality. Let us show you the difference that our commitment to excellence and client satisfaction can make. Give us a call at 774-273-7585 or contact us online and book a design consultation for your custom new construction home today.


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