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Many of the Features We
Look For in a New custom home
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One
of the most common questions I am asked is "How much will it cost to build
or buy a
new home in Fairview, Lucas, or Parker?" That's an impossible question
to answer without some detailed information. It's like asking "How much will a new car cost?"
Compare a Lexus to a Hyundai? They are both cars but priced at opposite
ends of the spectrum. Lexus knows its customers demand a high quality
performance, total reliability, a luxurious environment, and will pay for it.
Hyundai knows that its buyers are looking for a functional and affordable car
without too many frills that will get the job done. The Hyundai car owner
probably likes his car as much as the Lexus owner. So the real question is
what are you getting for your money when you buy one or the other. I don't
know much about cars, but I do know a little about homes.
A
home
in Allen on a small lot
with 6' 8" hollow doors, 8' or 9' ceilings, minimal crown moldings, carpet instead
of hardwood floors, laminate or Corian countertops, lower grade appliances,
hardware, and fixtures, a minimum
insulation package, and a pre-packaged floor plan that is
shared with your neighbors, can be bought for about $65/sf to $70/sf including the lot. For instance, a 2,500 sf
tract home on a small lot might sell for around $162,000. This
price range is the largest segment of the home buyer market nationwide!
If
you prefer a custom home with its
own unique floor plan, built on
a large lot of at least one acre, with high quality finishout, appliances and
hardware, you are going to have to pay for it. A new, true custom home in Fairview, Lucas and Parker
on a 1 acre lot might be around $160/sf (including the lot), but can go
up to $200/sf if it is absolutely top quality with a pool. Most of the 2000's generation, pre-owned, custom homes in these towns
will fall
somewhere between $120 to $150/sf (including the 1 acre lot).
Don't
overlook Paul Taylor Homes,
David Weekly Homes and Drees Homes. These builders are all in Fairview and Lucas from
the $90's to low $100's psf (including the lot). I have been very
impressed with the level of finishout in these homes (moldings, appliances, wood
floors, granite, etc.) so if a repetitive floor plan and similar elevations
within your neighborhood doesn't bother you, you might want to take a look. If truth be told,
these homes are giving the true custom home market a run for the money and these
builders are not going away.
They can be a good value for your money, but keep in mind that you are one of
thousands. Sellers of these homes have told me that some builders are more
responsive to repairs than others, but none will probably ever approach the
service you will get with a good, smaller builder who can move more quickly.
The
following list of features are items I look for when I
walk through a custom home, but
don't expect to find all of these features in any one home. That home would
probably be so expensive, very few people could afford it.
Keep in mind that a builder has to make many decisions when it comes to building
and outfitting his "spec" home. If he puts everything in the book into the
home, he has priced himself out of the market. If he doesn't put enough
into the home, a discriminating and educated buyer is not going to be
interested. There is one thing I know for a fact ... when it comes to
buying a home, you get what you pay for!
One
of the things we feel very
strongly about is letting prospective buyers know exactly what is in our homes.
This is why we are so detailed in our descriptions. Our
Sellers paid for every upgraded item in their home, so they deservedly want
credit for those items when they sell. When
a home is priced at $110/sf at one end of the street and another is priced
at $130/sf at the other end, you need to find out exactly what is in each home.
The home at $130/sf might even be a better deal than the home at $110/sf.
Relying solely on a price per square foot to
determine value can be very
misleading and should only be used as a starting point. The true
value of a home can only be determined by "peeling back the layers of the onion"
to see what is there and what other buyers have paid for homes of similar quality.
Features You Can Easily See
When You Walk Through a New, True Custom Home
First Floor
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Do you see 8'
solid core doors? You will know it because they are heavier than a hollow
core door. This is definitely the norm for a new custom home.
The solid core door provides much better
sound insulation than hollow core doors.
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Most custom homes
are going to have the thick crown moldings near the front door and entry. But
how far away from the front door do those moldings carry through the rest of the home? If you see a home
that is loaded up in the entry and the finishout tails off significantly the further you walk away from
the front door, that is where the builder is saving some money.
Nothing wrong with that, but just be aware of it. A
new, true custom
home will usually have double to triple crown moldings (unless it
would not fit the style of that particular home) throughout all of the downstairs living
areas, and an exceptional home will carry those molding through the secondary
areas like the laundry room.
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If
the home has tile, it is porcelain or ceramic?
Porcelain is more expensive, but unless it is a major scar, when it is
scratched, you are not going to see black marks. When ceramic tile is
scratched, you are taking off the top coating and it will show..
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What about the floor moldings? Do they look like an afterthought?
Floor moldings on high end custom homes are often about 6" thick and carry through the
entire first floor.
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What
is the thickness of the granite in the kitchen? Is it 3 centimeters or 2
centimeters thick? Obviously, the thicker the granite
the more expensive the slab.
-
Is there granite in the master bathroom or cultured marble?
Granite used to be reserved for only the most expensive homes, but it is quite
common (and almost expected) on homes from about $400K and up.
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Does
the home have rounded (bull nosed) wall corners? That costs the builder about $1.25 per linear foot
to install, and can add up fast, especially with wide, tall arches!
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What is the ceiling height on the first floor? A 10' ceiling
minimum
is the norm.
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Large
master bedrooms are what everyone looks at first, but how large are the secondary bedrooms?
Are their sizes going to hurt you on re-sale?
-
Does each secondary bedroom have its own
walk-in closet, or is it a hanging closet? Buyers of high priced
custom homes tend to want walk-in closets and big closets
are a big plus when it comes to re-sale.
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Look at the height of the tile (if used) in the
shower stalls. On less expensive homes, the tile in the master bath
only goes to about a 6' height. On a custom home, you often find them
up to 8' tall, and it's a nice plus (but much more expensive) if they go
from the floor to ceiling.
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Do
the cabinets look like they are purchased off the shelf at a Super
Center? Look at the hinges and hardware. If they look inexpensive,
they probably are. Are any of the cabinets glass front? That is
a nice touch to a kitchen, but more expensive to put in. Are there
glass front cabinets? What is the wood made of? Oak is the most
common, but if they are maple or Knotty Alder, it is going to add costs to
the home.
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Are
the wood floors glue-down, laminate or nail-down solid hardwoods on top of a sub-floor?
Glue-down laminate floors are quite a bit less expensive than true hardwoods and can only be
refinished 2-3 times at most. Most new custom homes will have the
nail-down hardwoods on a sub-floor.
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Are
the windows
"tilt-out
operable" for easy outside cleaning? A nice feature but added
cost. Are they aluminum, vinyl clad aluminum, wood windows or a
combination of wood and vinyl? Wood windows are pricey, and can
add a lot to the price of a home. They can also suffer from wood rot,
so be aware of this. If you like the wood window look, a good alternative
is a combination of wood (on the inside) and vinyl (on the outside). Of
course these are much more expensive than
aluminum windows so it comes down to what you want and how much you will pay for
it.
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Are
the windows energy efficient, Low "E"? If not, they should be on
any new custom hone!
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What
is the grade of shingles? Do they carry a 15 year or even a 40 year warranty?
The longer the warranty the more expensive the shingles.
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If there is a porch roof, are the supports wood or brick
columns? If they are wood, make sure the wood stands off the patio because
the bottom
will
rot over time.
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Pull
out a drawer in the kitchen. Does it slide smoothly or does it rock left and right as it is being pulled?
You might also look to see if it is "dovetailed" in the back. Not a huge
deal, but usually a sign of a quality cabinet. Again, look at the hardware
pulls.
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Are the appliances stainless steel? Stainless steel
appliances are more expensive, but they are the norm for today's high end
custom home. What is the grade of the appliances? Are they top, top of the
line Viking, Miele, Bosche or ASKO or are they good quality GE or Jenn-Air?
-
Are
the kitchen countertops granite, tile, or Corian? All serve their
purpose, but granite is
going to be much more expensive than the other two selections. What is
the thickness of the granite? 3 centimeter granite is thicker (and
more expensive) than 2 cm granite. Where do you want to see it?
Kitchen? Master Bath? Secondary bathrooms?
-
Does
the home have a central vacuum system? An extra cost, but very handy!
People either love these or don't use them. But we have been told
several times by different homeowners those are one of the nicest features
in the home.
-
Does
the home have an "instant hot water" circulating system throughout the home?
This is a great feature if you don't like to stand in a cold shower waiting
for it to warm up and the bigger the home, the further some of the bathrooms
are going to be from the hot water heater.
-
Where
is the hot water heater located? If it is in the attic, you always run
the risk of a leak and the water is going to find its way down. I like
to see the hot water heaters in the garage so if there is a leak, it goes to
an area where there will be few problems.
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Are
the hot water heaters tied together? This provides a larger capacity
of hot water since you are pulling out of two tanks, not one.
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Is
the garage floor sealed? Many of our new custom homes have this
feature, but that is an added cost.
-
Look
at the frame around the master shower. If you see a frameless, 3/8
inch thick glass, I can tell you, that is a very expensive feature for the
builder. If you see aluminum framing around thin glass, that can be a
savings of up to $2,000 to the builder. Not a bad thing, but it comes
down to your priorities.
-
Does
the home have "state of the art" mechanical systems (including cat 5 wiring and
security)? Are all the windows and doors pre-wired for security? Are
all of the living areas and bedrooms appropriately wired for television and phone systems?
You don't want to be adding these to the cost of the home when you are
negotiating the price.
-
How
about the lighting features? Most people can tell good quality without
coaching. If it looks expensive, it probably is and visa-versa.
-
Look
at the hardware on the doors. Does the quality of the hardware befit the
home? For instance, "Baldwin" brass hardware is much more
expensive than your typical door hardware. A good set
of hardware for a door can $75 apiece or more.
-
How about plumbing fixtures.
Are they high grade
fixtures and a name brand associated with quality? These can be very,
very expensive so if you see them, make a mental note that there was money
spent there. For instance, Newport Brass fixtures
have all brass interior fittings, not plastic.
-
Check the front door. Does it look like a custom front door? A
2 1/4 inch thick Mahogany front door or a custom made iron door can easily
cost $2,000 to $3,000. The front door sets the tone for the quality
of the rest of the home, but a builder can save a lot of money on a door.
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Was the front yard sodded or hydro-mulched?
Sod is much more expensive than hydro-mulch, but it also "takes" much more
quickly. In addition, hydromulch will wash away with heavy rains so
you might be living in mud for awhile and it might also take a couple of
treatments to get it place. A custom builder with a home on acreage
will typically sod the front yard and about 20' out on the sides and back.
It is just too costly to sod a one or two
acre lot.
-
How much of the yard is
sprinklered? A good, high end builder will sprinkler an entire one
acre lot, but you rarely find that with a production home builder.
-
Is
the home completely guttered? If not, it should be, no "ifs, ands, or
buts". The gutters should be designed to take the water away from the
foundation. A gutter draining right into a flower bed with no escape is
inviting foundation problems.
Second Floor
-
What
is the ceiling height? A nine foot
ceiling (or taller) makes a big difference over an 8' ceiling and reduces the "tunnel
effect". Of course, this is more expensive for the
builder because they have to buy longer boards and cut them to size,
creating wastage. Anything over 9' (like a vaulted ceiling in a bedroom) makes a
huge difference. It can make a small room appear much larger than it is
and really opens up the room.
-
Are the doors upstairs hollow or solid core? A newer
true custom home should have solid core doors up here also, but 6'8" doors
are the norm. When I see a home with 8' solid doors on the second
floor, that tells me this is a builder who is putting money into his home.
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If
you find thick crown moldings, thick floor moldings, and rounded wall
corners on the second floor, that builder has put money into the home where
many wouldn't.
Features You Might Not Think About or Be Able
to See
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Was
the home built on piers? If so, to what depth were the piers set?
Many times piers are not required (per the required engineering report), but I personally
would like my home sitting on piers in this "black gumbo" soil
which
is so prevalent in this
area. Piers are relatively inexpensive when compared to the overall price
of the home.
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Are
the perimeter wall studs 4" or 6" thick? 4" walls are the standard, but 6"
walls are better because they provide more room for insulation.
-
Is
there a
"house wrap"
on the home for additional insulation?
Is the house wrap
"tucked" around the windows so heating and cooling is not lost?
-
Is the insulation within the exterior walls a
state-of-the-art, low density, spray-applied foam, or
the less expensive (and less effective) "batt" or "blown in cellulose"?
For a comprehensive explanation of insulation alternatives, see
www.foammandfw.com.
Are
the interior walls insulated for
sound? When a commode is flushed upstairs, you don't
want to be listening to it downstairs.
-
Are
the
can lights
throughout the home
designed to be insulated from above? If you are in to this sort of thing,
go up in your attic on a hot Dallas summer day. Put your hand over one of
your can lights from above and see if you felt cool air blowing
from below. If so, you are suffering a significant cooling loss which will
impact your utility bills. The standard can light runs hot, and is not
designed for
insulation over the top. A newer generation, less bright but cooler burning, can light
is designed to take the insulation
right over the top and keep the air inside the home.
-
Another thing to look for in the attic
is a
thermal roof decking insulation?
This is the silver backing you see when looking up. This will keep the attic from 20
to 30 degrees cooler in the summer and retain the heat in the winter. Here
is what good attic construction should look like.
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Is
the garage door a typical 7' in height, or 8'? Is it an insulated or
non-insulated door? Is it a custom wood door? Again, added costs.
-
Does
the wiring system have a
"home run"
which is easy to get to? It should be.
-
Although
commodes are a bit of problem to talk about, but those are just as important
as most other features of the home. Are the commodes a standard brand,
or an industry leader, such as Toto.
-
Does
each bedroom have its own separate air return for better heating
and cooling efficiency?
-
Are all of the HVAC vents on separate runs to the air handler?
This is not a requirement, but if there are
two or more vents on the same run, the vent at the furthest end
of the run from the air handler can have a reduced air flow.
Making a separate run to each vent costs more in materials and labor, but the
heating and cooling is more evenly dispersed.
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Are the wall studs behind the sheetrock on 24" centers or 16" centers?
24" centers
are code
for a single story home, but
16"
centers provide
more screwing surfaces for the sheetrock (straighter walls). Is the
sheetrock attached to the wall studs by nails or screws? Screws take
more time but the sheetrock is not going to move. Again, this all adds
costs to the home.
-
Is
the home wired for surround sound? Builders rarely install the speakers,
but the home should be pre-wired for them.
-
How
about the second floor? Is it going to squeak when you walk on it? A
"Silent Floor" system prevents the squeaking. The decking should be screwed
and glued to the
truss. The decking should also be tongue and grooved into each
other to provide a sound floor system.
-
Is the
builder using OSB (particle board) for the second floor sub-flooring or
plywood? Plywood is a superior material to use but more expensive.
-
Is the thickness of the second floor sub-flooring
3/4" or 1 1/8"?
You can feel the difference!
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What
is the Seer rating on the HVAC? A "12 Seer" is the standard, but
many times a good custom builder will take it to the next level. The
highest I have seen is an 18 Seer. Is the tonnage
adequate to carry the home?
Other Things to Consider
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How many homes does the
builder build a year? If it is a smaller builder, they can be stretched
with too many homes on the ground, so find out what they have going and what
they have coming up.
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Was
the builder (or his superintendent) on-site every day of construction to make sure his subcontractors
were doing things right? Remember, any builder is only as good as his
"subs" so find out how long his subs have been working for him.

Tom Grisak Estate Homes Realtors, Inc - Texas
License # 0329533
Your Realtors for Allentexas, Fairviewtexas, Lucastexas,
McKinneytexas, Murphytexas, and Parkertexas
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