Why You Shouldn’t Hire A General Contractor
When you have pulled the trigger on building your home, you then have to decide whether you are going to be your own contractor or if you are going to hire a general contractor. There are negatives to both sides of the playing field and it’s about what works best for you and your budget.
Here are some cons to hiring a general contractor and why they cost so much to use:
- This might not be their only job.
When you are building a home you want to be as efficient as possible and get it done in a timely manner, but when you hire a general contractor you have to take into consideration that this might not be the only project they are focused on. They are probably overseeing 5+ other homes along with yours and they might not be available as much as you would like them to be.
- They aren’t as cost efficient as if you were to DIY.
Assuming you don’t make any mistakes that can cost you big, you can save about 15% on your total costs by not hiring a general contractor to build your home. These savings can add up quickly and you can use those savings elsewhere when your home is complete.
- You aren’t in control of time and they aren’t really in a hurry.
If you hire a general contractor and you give them a deadline, there is very big chance that they will not meet it even if nothing goes wrong during the process. If you do things yourself, you can ensure that you can have things done when you would like them to.
- They might not always execute exactly what you are envisioning.
Contractors always do a great job, but their vision and end goal might not always be the same as yours. You might have specific wants and needs that you might not get unless you do it yourself.
- Under-qualified contractors might low ball the estimate to start with.
If you do decide to hire a professional, make sure that they are qualified for the job at hand. If they are under-qualified they could low ball the initial estimate and you could end up spending a lot more $$ than you were originally told.
- General contractors aren’t always looking to save you money.
The more money that you spend the more they gain to make at the end of the project. They aren’t looking to cut corners on cost and come with a lot of fees such as selling fees and the overhead cost of building your home.
- If you use a general contractor, you don’t get the pride of doing it yourself.
Building your own home and being able to step back and say, “I did that!” can give you and your family an amazing feeling when it’s all said and done. Sure, scheduling, supervising, and inspecting a huge project like this can be extremely overwhelming, but at the end of the day you did it yourself.
Interested in being your own general contractor? With Homestead Homes you can do just that! Contact our experts to get started building the home of your dreams.