In Florida, property owners seeking to build are stymied by ever-increasing construction costs in an unresponsive construction market. Builders only make things tougher by offering one-sided contracts with high fees added on top of unreliable cost estimates that always prove to be too low. How, then, can owners push back and make their projects more viable and equitable?
Simple: by significantly lowering those construction costs. And the secret to doing that…is being an Owner-Builder.
Few people know about this legitimate option, so let’s start there. What is Owner-Builder construction? Property owners have the right to remodel or construct a home that they will live in without having to hire an overly expensive builder to do it. An Owner-Builder takes advantage of this approach to maximize overall construction cost savings. For most, this represents a significant amount of money—money that could be put to better use. The savings might be used to help offset the property’s purchase price or pay for upgrades to the project, thus increasing their home equity as well.
However, with reward comes risk. Owner-Builders enjoy complete control of the project, but they must legally take on all of the risks and responsibilities that a builder typically would. Maybe they have some experience in the construction industry. Maybe they just enjoy the process. Maybe they’ve simply done the math and concluded that the benefits outweigh the risks. The value is there. Indeed, the more expensive the project, the more substantial the potential cost savings.
Still, Owner-Builder construction is about more than just meeting legal and insurance requirements. Owner-Builders are tasked with managing the entire construction process. To be successful, they need help from someone with ethics, experience, contacts, and clout. Someone to protect them by mitigating the risks and helping handle their many, varied responsibilities.
In short, Owner-Builders need someone they can TRUST, like Naples Custom Home Cost Consulting (NCHCC).
We build that TRUST by advocating for, and presenting clients with, the many choices they have, advising them on the differences between those choices, and guiding them through the entire construction process to see a project built that meets THEIR needs—whatever they may be.
We offer a complete set of services to assist—help that other builders don’t offer. We can be hired as an Owner’s Construction Manager and, if they choose, perform nearly all of the same functions that a full-service builder would, including managing the actual construction of the project for them. To help, we can call on a deep group of industry-wide contacts—across ALL price points—developed over 25 years in SWFL: a deeper “bench” than any other firms have.
Owner-Builder construction offers owners the greatest potential upside. If they have the fortitude, NCHCC can help them realize that potential.
