The time has come. You have decided it’s time to chase that dream and build your very own home. It’s okay if it is your first rodeo but we want you to feel confident, prepared and excited when entering the home building and design phase. While approaching the custom design process you may begin to feel overwhelmed, so we’re here to break down a common question first time home builders ask themselves; what does cost per square footage mean and why should I care?
“Cost per square foot is a formula used to break down the cost of your home into an easy to understand metric.”
Why it matters
The reason why this calculation matters is because home builders use this formula to determine the right amount of materials to calculate the total cost of building and designing your dream home. There is no set price per square foot because it completely depends on what kind of home you want, the location you want to build in, the finishes you choose and many other factors. This formula is a relatively simple way to determine how much a home builder and/or custom designer would cost.
Since all builders vary in what they include, it’s important to figure out what materials and parts are included and what the criteria is when determining that price. When you choose a home builder make sure you are both clear on what is defining that final number when calculated. This can include hardwood flooring, a finished basement, any high-end finishes, etc.
When entering the building process, it should be simple, clear, stress free and straight forward. Construction specifications should be laid out and transparent. If you have any questions, ask! It is important that you understand every aspect of the process not only so you end up with a custom home that matches your lifestyle, but also so you aren’t surprised by any hidden costs.
Questions to ask yourself
If you’re having difficulty choosing the right home builder, ask yourself these questions:
- Do you feel confident the builder will deliver on the timeline they promised?
- Are you confident that your new home will stay on budget?
- What’s their reputation?
- Do they build with quality in mind?
- Do you know for sure what is actually included in the price of your home?
- What is the process they used to get the cost per square foot?
- What was included in the calculation?
The Sarasota Homes Experience
At Sarasota Homes, we are completely transparent and we work around your schedule and your budget without sacrificing quality. No hidden costs and no surprises. At Sarasota Homes, custom is our standard and we take pride in making your dreams become a reality.
Thinking of building? Think Sarasota Homes.
