Is it difficult to be my own general contractor?
The American Dream includes owning your own home. With the total debt per family ranging over $800,000, it can seem like this dream is a fantasy. However, there is a way to build your own home with Homestead Homes by becoming your own general contractor!
When you think of being a general contractor, a list of concerns come to mind but you don’t need any degree or experience.If you follow a road map, you can take charge over the construction timeline.
To be an effective and efficient contractor, you will need to do the following:
- adapt and learn
- manage tasks and organize
- understand your wants and needs
Once you have decided to be the general contractor for your home, you need to be very particular with the art of shopping. This means you need to be able to compare and negotiate prices when building your own home. The art of shopping gets easier when you plan out every detail for the house. Through research and planning, this allows you to negotiate a price within your budget.
Also consider how planning is not only for when things go right, but when unforeseen circumstances arise out of nowhere. Know where you can cut costs and how to handle an emergency crisis.
You’re the boss. You decide who’s hired and who will be fired. Building a home requires a set of different subcontractors knowledgeable in their delegated tasks within a much larger project as you build. Remember: choose them wisely based on their expertise and background! This will help you build your house quicker and spend less money.
Keeping a close eye on job site:
Since you will be the head of your project, you’ll need to make sure you are updated every minute about the site. Should you hire a general contractor, know his/her time is split between multiple projects.When you take the lead, you can undivided devote focus to your own house.
Keeping a close eye on your budget:
You’ll have a close-up on your budget all the time. Building your own home means keeping track on all the work being done from building walls to adding those final finishing touches. It’s important to set a budget, with some wiggle room and stick to it!
Choosing jobs you are best at:
This is something you and your family can work on together. You might be the organized one, your significant other might be the penny pincher and you both are bossy! (Or the kiddos are bossy). This helps keep everyone on task for their set of requirements for building the new home.
Keep celebrating accomplishments:
One of the most important things about being your own general contractor is celebrating your accomplishments. It may be as simple as finally deciding the bathroom flooring, the master bedroom closet layout or finding the right pillows. No matter the success, big or small, you deserve to celebrate it.
When you think of being your own general contractor it tricks you into resorting for help. Through understanding your own capabilities coupled with the skills mentioned above, you can be the best general contractor and save some extra money.
Homestead Homes has been helping families build their dream home for over 22 years! We are currently building in states all over the Midwest. For more information, contact us today.