Approximately 120,0000 new homes are built annually in the United States by thousands of home builders and construction companies, according to figures from the National Association of Home Builders.
In their quest for a trustworthy construction company that can complete their project with minimal hassle at an affordable price, both first-time homeowners and individuals building their homes often face the same challenge.
No matter how large or small your home building project is, selecting a construction company is a very important decision that should be carefully considered.
In general, construction companies provide a one-stop service, which means they oversee your building project from start to finish. All phases of your building project will be handled by them, including obtaining building permits, hiring and supervising subcontractors, working with designers and architects, and scheduling inspections and examinations.
Construction companies aren’t all created equal, so keep this in mind. These tips will help you pick the right construction company:
- The construction company should provide you with paperwork and samples of their work as proof of their professionalism. Bills, bids, and contracts must be clear and detailed.
- Learn how the construction company handles communication efficiently. Call them and see if they return your calls promptly.
Construction companies or contractors should be readily available when you need them. The use of pagers, radios, home phones, and mobile phones is a good accessibility indicator.
- When building or remodeling, find out if you can see the current work in progress. Consult with the homeowner to learn if the service and work of the contractor are to their satisfaction.
- Inquire about the number of construction projects similar to yours that they have completed to determine if they are experienced in the field.
- Ensure that all employees are covered by workers’ compensation insurance as well as a minimum of 1,000,000.00 dollars in contractors’ general liability insurance.
As homeowners, you must obtain this insurance to protect you from any liability. Examine their insurance certificate.
- Ensure your prospective construction company is able to handle and complete the project. Still, having a great deal of work is an indication of success. Ensure that they have the time to work on your project and are not overbooked.
- Make sure that you are clear about your expectations and that you are honest about your budget when you choose a construction company. It is important to communicate constantly. Meetings should be scheduled in advance.
- Decide what you want, then put it in writing. You have to remember that anything that is not clearly defined can always be manipulated and disputed.
Outlining your project in writing allows you to discover any phases you may have missed in addition to having a clear expectation and definition for your construction company to refer to.
- Don’t give your contractor a large payment upfront because they will no longer be motivated to finish the project or even begin it. As a rule, you only need to pay 10 percent for a down payment.
- Be sure to include all aspects that the building project involves, such as the specifications, quantities, thickness of the materials, costs, as well as the exact date of completion.
- Make sure you fully understand all terms of the contract, including warranty and guarantee obligations.
- Your construction company should be insured, licensed, bonded and their address and company name should be displayed clearly on your contract.
- If for any reason you aren’t sure about anything, have an experienced individual study the contract so that they can give you further guidance.
Through your process of searching and investigating, comparing one element with another, you keep returning tox, because all of their information is clear and forthright, their pricing matches your budget and their design plans match what you have told them.