Just this morning, I met with a client at his new home to discuss pricing for a rather large asphalt driveway. We had a company to visit the site yesterday and another to meet on site this morning. Both were very professional and their reputation as being quality subcontractors preceded them. My client was willing to work with either one, depending on their price and specifications for our project.Company A priced the work at $10,800.00 while Company B priced out at $9,100.00. My client's first reaction was "Wow, that's a $1,700.00 difference. That will go along way in doing some other things we'd like to do". Well, as they say in the NFL after a second look at a close play, "upon further review" we found that there wasn't actually a $1,700.00 (or 18%) difference in the prices. Company A had estimated more asphalt, more stone, and more grading than Company B, thus bringing his price inline with his competitor. His price appeared to be higher, but when all things were considered and we compared "Apples to Apples", his price was very fair.
Once in a while, when we price a custom home for a prospective client, we are told we are a little higher than the competing contractor. Occasionally we are never given a second look. The client looks at the prices and says, "well, he's to high, so I guess we'll go with the cheapest". The largest purchase and investment they will ever make and just like that, they make a decision. It truly amazes me that some folks compare prices between grocery stores sales papers more closely than they compare prices for their new home. They'll drive across town to save a nickel a gallon on gas, but will not ask the important questions that need to be asked of their general contractor.
Folks, I urge you, if you are thinking about building a new home (whether you partner with us or not), please review the specifications closely. Ask questions...a lot of questions. Review allowances closely. Compare windows, doors, insulation R values, shingle types, brand names, SEER ratings, etc. Don't assume each builder is including the same materials and allowances.
We hope you will take the time to do your homework and due diligence. If there is anything we can do to help, please do not hesitate to call. You are under no obligation with us. We will do all we can to honestly help you evaluate prices and specifications from multiple builders. If you're like us, you appreciate value. Value is not necessarily the cheapest, but value is defined as "a fair return or equivalent in goods, services, or money for something exchanged". Be sure you are getting what you paid for, or more importantly, what you expect and deserve.
