How does the "after bids" meeting go?

sweet.reverieSeptember 17, 2012

Our builder has all the bids in and I am SO nervous! We, like others, are trying to keep the build "modest" (not sure what counts as modest!) but we will be helping with some of the work as is allowed by our lender and such.

How did this meeting go for you? If you were over-budget, what next steps did you take?

Thanks in advance?

Thank you for reporting this comment. Undo

We were over budget like many, but we spoke to the builder on our must haves and sorted out our needs (ie.granite in the laundry room is out as was soapstone) we were able to find some savings in the materials our contractor buys from his suppliers ($10 porcelain sinks/$5sqft hardwood floors...) we do however have to go through the sales "yard" to pick them out. We considered doing some unfinished areas...less custom areas(empty closets). It really depends on how much over you are and what your willing to forgo: sqftage, finishes, ceiling heights, appliances,...

    Bookmark   September 17, 2012 at 10:39PM
Thank you for reporting this comment. Undo

We came in 8% over and decided to bid it out to other GC's just to double check pricing. We also got rid of a playroom upstairs and tweeked a few things. Like originally i was going to do a wide plank floor but am going with a narrow width. I didn't care what it was as long as it was site finished wood.

In the end our builder was able to come down to within 1% of the budget. Also we are building fixed price so along the way I won't have cost surprises.

    Bookmark   September 18, 2012 at 6:36PM
Sign Up to comment
More Discussions
Revised Floor Plan - Please Critique
We're building our first house this Spring and are...
Smaller 2nd story possible in two story home?
My husband and I are in the beginning stages of figuring...
Lauren McLellan
Raised basement
For a level lot, a basement is usually underground....
What would you do differently if you were building your house again?
I saw this thread dated from a few years ago on the...
Darla Grossman
Frank Betz Chapman from Start to Finish
Following in the footsteps of 'jnjmom,' our family...
People viewed this after searching for:
© 2015 Houzz Inc. Houzz® The new way to design your home™