There are three types of home builders today. There is the “high-end custom home builder”, the “production builder”, and the “small, hands-on builder”. While there are variations and hybrids within these three categories, these are the basic types at work today. The trick for the prospective buyer is to identify which one is the best match for their pocketbook and home-style demands.
A custom home’s plan is often drawn by an architect who spends a lot of time interviewing the customer, drawing rough drafts, and making revisions before coming up with a final draft. Normally, the best home builder in Telluride will be part of the decision-making process involving colors and finishes.
The customer usually secures the construction loan and land. The building process is always lengthy and requires a lot of focus on the builder’s part to assure quality and coordination. In other words, it is not something most new home buyers can afford.
Many Production Home Builders are aware of their limitations in customization as well as their strengths in production homebuilding.
The popular term “pre-sold home” is commonly used to get the notion of “custom” out of the buyers mind. The buyer is allowed to buy the builder’s product any time before completion and select from a list of options when possible, but it is the builder’s home until the customer pays for it with their final mortgage loan. It is a fair way of doing business.