Buyers looking for a new home often ask, "How much does it cost to build a custom home?" The cost to build a custom home depends on a range of variables, including the specified location, size of the home, and more. Although many people confuse custom homes with multi-million dollar McMansions, building a custom home means choosing your price.
HomeAdvisor estimates that a custom home can cost anywhere between $350,000 to over $1 million. At Dennis Miller Homes, we tell our clients there is no firm price on building a custom home in St. George, Utah. Instead, our custom home building process allows you to customize your home and budget.
Because you decide which style, features, and amenities you want in your home design the total cost of those will depend upon your selections.
When you work with us, our home builder in St. George, Utah will work with you to set a comfortable budget, whether $400,000 or $2 million.
Our team will present you with a proposal at the beginning of the building process that includes a long-hand bid. This bid will have several different allowances to give you an idea of how much money you will pay depending on your home design.
For example, the long-hand bid often includes an appliance allowance. If you don't use your kitchen as often as other areas of your home, you might decide to install appliances that aren't as high-grade as we included in the bid. On the other hand, buyers who enjoy cooking might want to upgrade their kitchen appliances.
Based on your decision, you can update your budget to reflect how much money you spent on that allowance. Then, you can decide to allocate money from a different allowance or adjust your final budget.
No matter which option you choose, our team will be by your side to regularly update you on where your money is going. We want you to stay informed throughout the process to make design choices to help you reach your end goal.
Unlike quick builds, prefabs, or used homes in St. George, custom homes are original designs informed by our clients.
Dennis Miller Homes's custom home-building services will help you build a home that reflects your lifestyle and budget. Working with our St. George custom home builder, you will be guided through every step of the design and construction process.
You will select everything about your new home, from the location to the floor plan to the finishing touches by collaborating with our design + build team. Before you begin the custom home building process, to ensure you understand the cost of building your St. George custom home, our team has outlined a few variables that may affect the final price.
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The current real estate market can dramatically affect the cost of your new home. If homes are selling at a higher price, you can expect to pay more to build a custom home. If the market is low, you might pay steady or, even, discounted prices.
Other market factors that come into play when building a custom home are lumber or other material costs. The laws of supply and demand means that prices sometimes fluctuate.
It is up to you to decide when it’s the right time to build a custom home.Some homebuyers have a flexible timeline while others must begin the building process immediately. Our team will work hard to meet your timelines and ensure you get the best price for your custom home. We are on your side.
Custom homes come with a custom price tag. No matter the current standing of the Utah real estate market, there are always benefits to building a custom home, including:
Although the estimate for construction in the United States is $150 per square foot, that cost fluctuates depending on where you build. For instance, the construction costs for building a custom home in St. George, Utah, are vastly different than they are in Los Angeles, California, or even Salt Lake City, Utah.
The price discrepancy is due to changes of the price of materials, building permits, labor, and other fees by location. No matter where you build, there is always a potential for unforeseen costs. For example, rocky surfaces require special machinery to remove, which may affect your budget.
Our team will analyze potential build sites to provide you with an estimate and alert you to any factors that may increase your costs.
Another location factor that impacts price is the project scope. The size of your custom home will directly impact the cost to build it. Generally speaking, increasing the size of your home or the amount of work that it will take to build your home will increase the total project cost.
If you choose to build your custom home on a lot with sloping, you will pay more for grading, foundation work, and retaining walls. If you select a large lot, you may spend more money on landscaping. Other factors may include adjustments for water table levels, reclamation needs, and tree removal.
When you choose the right custom home builder, you can collaborate and agree on a project scope that fits your budget.
How much design work your custom home requires will affect the final cost of your project. For example, if you need a fully customized home plan drawn up by our team, it will cost you more than if you were to alter a replicated design. At Dennis Miller Homes, we offer it all.
Our three-tier design model ensures that you have the home-building services you need to fit your budget.
The major advantage of building a custom home is customizing your design. As discussed earlier, your specifications determine the cost of your new home. You will spend more money on larger homes with luxury finishes than mid-grade finishes in a mid-size home. The cost is up to you.
Installing optional features in your custom home will also drive up the cost. One feature that many St. George homeowners love to install in their custom home is an outdoor pool.
While swimming pools are fantastic in a hot location like southern Utah, installing a pool will cost you more money. The variations on swimming pools range from custom designed pools vs. prefabricated liners, hot tubs, fountains, stone and concrete work, slides, or diving boards.
Our design + build construction team can estimate the cost of your planned outdoor swimming pool in the original bid for your custom home. Together, we can determine how to design a custom home that includes all of your wishes for the right price.
Along with the typical construction costs, there are a few more factors that will affect the final cost of living in your custom home. Some overlooked items are landscaping, fencing, and furnishings.
In addition, a custom home requires having some maintenance items on hand. For many first-time homebuyers, these can be a surprise. Ladders, garden hoses, lawnmowers, and other tools for your home’s daily maintenance and upkeep come with a price tag.
Once you’ve built your beautiful new dream home, you’ll want to decorate it with furnishings that compliment the space and match the finishing touches in your home. Furniture and other home decor can be an added expense.
Landscaping around your custom home may also cost more money than you might expect. Many buyers have an idea of what the exterior of their home will look like but forget to budget for a sprinkler system, sod, plants, trees, and bushes, and outdoor furniture.
Our Dennis Miller Homes design team can work with you to create an allowance for every aspect of your new home, including interior design and landscaping.
Although building a custom home doesn't include a straightforward price tag, working with the right builder will allow you to comfortably stay within your predetermined budget. Let Dennis Miller Homes be your constant throughout the custom home building process.
At Dennis Miller Homes we offer complete cost clarity to our clients. In the beginning stages of building your custom home, we will draft a long-hand bid that includes approximate project costs.
Then, you can shop around using the allowances that we decided on together. We will provide complete transparency, so you know where every penny is going towards your new custom home's cost.
Trust our home builders to ensure your dream home fits your budget.
Build your dream home in St. George, Utah, by contacting Dennis Miller Homes today.
