Common question
Budget Running Over on a Custom Home?
Budget overruns on a custom home start before construction does. Luxury Home Builders New York prices the full scope, sets allowances for items you have not chosen and tracks every cost against the budget you approved.
Main serviceA common question about our main service. Read the full scope, process and common questions:
Custom Home ConstructionThe cause
Where Overruns Start
- Drawings that are not complete
- Finishes, fixtures and appliances not yet selected
- Soil, rock or water found after excavation
- Changes made after work begins
02
How We Control the Budget
- Estimate the full scope from the drawings and the site survey
- Set allowances for unselected items, so each has a stated amount
- Hold a contingency for unknown site conditions
- Review the drawings with your architect for cost before permits
03
Change Orders in Writing
Every change goes through a written change order that shows the price and the schedule effect. Work on the change begins only after you approve it.
04
Weekly Budget Reporting
Each weekly report shows costs to date, allowances used and decisions we need from you, so the budget never surprises you.
Custom Home Construction
Review Your Budget
Send us your drawings or your plan, and we will explain what the budget should cover and where the risks sit.