At Schar Construction in Eugene, Oregon, we can transform your dream home into a reality! Read on for the answers to questions you may have about custom home building.
How long does custom home construction take from start to finish?
The duration of construction depends on your specific home-building project. For example, a 3,000-square-foot home shouldn’t take as long as a 20,000-square-foot estate, although land permits, weather, budget restrictions, and designs all impact the timeline.
As a general rule of thumb, it takes approximately ten months to two years to complete most home construction projects—not including the designing and pre-construction phases, which may take around three to nine months.
Is now a good time to build a home?
If you’re interested in building a custom home, now is the best time to start. While inflation rates may feel intimidating, many anticipate rates to remain high throughout 2022 and possibly longer. You shouldn’t expect building costs to decrease drastically soon, so be sure to jump on the chance now!
Aside from custom home building costs, you should also consider the market opportunities. In 2019, custom homes had a market share of 16.5% in the Pacific Northwest and 20.2% nationwide. The nationwide figure depicts a slight increase of 0.6% from the year prior, signaling the market movement toward building dream homes.
When will construction costs go down?
The increased cost of construction materials in 2022 relates to a supply chain backlog. Construction economist Richard Branch predicts that these prices may taper down by the end of 2022. While you can’t depend on this prediction, our home builders recommend investing now, as material costs may decrease. See our related article to learn more.
How much do custom homes cost to build?
The cost of custom-built family homes varies based on many factors. Your plot of land, design complexity, project size, materials, construction grade, and permit requirements will all contribute to how much your project costs.
A 1,000-square-foot custom home in Eugene, OR, usually costs between $110,000 to $240,000. A 5,000-square-foot home may cost around $550,000 to $1.25 million.
Such figures depict rough averages. If you need an accurate estimate for your exact project, contact our team at Schar Construction. We’ll analyze your project scope, design specifications, and construction needs to generate a realistic quote.
Why build a custom home rather than purchasing an existing one?
Custom homes allow you to personalize every aspect of your property, from the foundation walls and flooring materials to each cabinet and lighting fixture. You can control the style of the home, how each room functions, and the location. Instead of compromising on location, features, or size, you can get everything you want in a house (within your budget).
For example, when purchasing a pre-built home, you may have to renovate an existing room into a mother-in-law suite. With custom builds, you can include this preference in your initial design.
Do I need to pick a certain time of year to build?
Many assume that you must avoid winter for custom home building projects. The Pacific Northwest climate is fairly mild, even during the colder months. At Schar Construction, we operate all year long, rain or shine, so that you can enjoy your dream home as soon as possible.
How are custom homes different from spec homes?
Spec homes have pre-designed plans with options to choose different features, layouts, and locations. Custom homes allow you to design every aspect from scratch, so you don’t have to compromise on anything. See our related blog article here.
How do I start the custom home building process with Schar Construction?
Begin the custom home building process by contacting us at Schar Construction in Eugene, OR today! We offer home additions, remodels, and custom builds. Call us at (541) 229-6270 to discuss your project with our professional team.