How Much Does a Custom Home Cost in Cincinnati, OH?

If you are ready to start making your dream home into a reality, one of the first things you might wonder about is the cost. It’s important to set a budget that you can work with, especially if you’re talking about building a custom home. Here are a few ways that you can look at the cost to build a home in Cincinnati, including a handful of cost factors.

How Much Does It Cost to Build a Home in Cincinnati?

If you’re planning to build a home in Cincinnati, you’ll pay between $100 and $400 per square foot for most standard options. It’s a big range, so you may have a lot of questions about where your home will land. Keep in mind that there are a lot of cost factors that go into a price for a new home, including:

• Size
• Materials
• Customization
• Style

You don’t have to break the bank to get a home that meets your needs, but if you want a true luxury home, you’ll pay more for it.

How Much Does It Cost to Build a Custom Home?

A custom home can cost more than the typical price for a new home, up to $500 per square foot. Custom-built homes are unique in that the builder typically isn’t saving money by buying in bulk for a dozen homes at once. Custom home plans often start from scratch and build from the ground up, which means it takes extra time to make plans and devise the right building strategy for the home. All of these things add to the total cost, with the added benefit that you get a home that is truly built for you.

Custom Home Cost Factors

There are a handful of cost factors that you should keep in mind as you plan. Some may make your project cost more, while others lower your total expenses.

Land

Building a house in Ohio requires land. When you start to search for Cincinnati builders, be sure to find out whether their custom home building process includes assistance in finding the right lot. Some businesses are happy to accommodate clients who say, “I want to build on my lot,” while others may expect you to allow them to select it. If you are really specific about the location, or you have a lot in mind, you should ask about it first.

Materials

You’ve probably read something about the changing cost of building materials, and you should know that it could affect how much you pay for new build homes. Remember that prices for materials fluctuate all the time. As a homeowner, paying close attention to it doesn’t affect the market either way. Cincinnati custom home builders who have experience navigating the building process can help you determine the right estimates for the materials you want to use so that you’re less likely to be surprised when it’s time to order supplies.

Type of Home

The way that you want your home to look, as well as the way that your builder approaches custom homes, may significantly affect your estimate. If you want a truly unusual style, or you’re going far outside the standard for the area, you may need to hire a builder who can create a truly custom home. If you’re hoping to get something that is already in the builder’s repertoire, you may pay less. Ask these questions before building a custom home, so that you have a better idea of what you expect.

Custom Home Building Process

One of the first questions you should ask a builder is, “Who will design and build my home?” These days, many builders rely on the design-build process, which means that they hire designers, architects, and engineers to make plans that the builder will execute. Download this custom home building guide to learn more about the design-build process.

Some builders rely on an older process known as design-bid-build. With this approach, the design and building processes are kept separate, sometimes creating significant delays and price increases to handle things like change orders. Because the design-build process is carried out through one company, you can often save time and money by choosing builders who use this approach.

How Do I Choose the Best Home Builder in Cincinnati?

In order to choose the right builder for your project, be prepared to look for these qualities:

• Experience with Cincinnati homes in the style you want
• Responsive staff who take your concerns seriously
• A defined building process that you can follow
• Proper licensing and insurance
• A portfolio full of satisfied customers

It’s a good idea to interview at least a few different builders, as you may notice significant differences in style and demeanor. Wondering when’s the best time to build a custom home? We can walk you through it.

Is Building a Custom Home Worth It?

Although the process for a custom home can feel a little overwhelming at first, most homeowners are delighted with the result. Think about how much better you’ll feel in a home that is perfect for your family, now and in the future. At Chris Gorman Homes, we aim to meet all of our clients’ expectations with professionalism and care. Contact us to learn more about our services or to tell us about your dream home.