Budget vs Actual
My architect is finalizing the last few details and I am getting ready to break ground within the next month or so. The thing that keeps me awake at night is the unknown of how much the house will actually cost vs the builder's estimate. We have done a huge amount of detailed work up front to try and minimize the uncertainty, but I have never heard of a project coming in under budget so I am still very nervous.
SO...here is the topic. What was your budget and what was the actual cost for your new home build?
Also, how much of the overage was due to YOUR change orders vs BUILDER errors / misunderstandings?
Thanks for helping me get a real world view of what is going on in the home building space.
This post was edited by Mark_KC on Mon, Feb 11, 13 at 20:31