Скачать или смотреть Beware of the Lowest Home Build Bid!

In *theory*, choosing the lowest home build bid makes sense.

In *reality*, the lowest home build bid rarely translates into the lowest price.

Two common reasons this happens:

1. The homeowner isn’t fully clear with their builder about all the upgrades they want in their home (so the bid might be based on the lowest-cost products)

2. The bid is deliberately low in order for the builder to secure the business

The first reason is legit and happens A LOT.

The second reason is shady and also happens A LOT.

I like to give people the benefit of the doubt and assume low bids are simply due to a lack of clear communication between the builder and client about wants, needs, and must-haves.

However, there are some builders out there who aren’t afraid of a little ‘bait-and-switch’ tactics.

In other words, they’ll tell you what you want to hear in order for you to hire them.

Don’t fall into this trap. 🥺

Even if your house does end up being that (low) price, the quality (and materials) might be lower than you wanted.

Unfortunately, the more common outcome in this scenario is that you go SIGNIFICANTLY over that ‘lowest quote.’

I’m not saying all ‘lowest bids’ are a bad thing, but carefully consider the quotes you’re given from various builders.

If one quote is slightly lower than the others, that’s fine … go with that builder if you want.

If one quote is significantly lower than the others, that is a RED FLAG … run the opposite direction.

👉Follow @carolineondesign for more tips on building your dream home with less stress, more confidence, and a strategic plan to build within budget.