When deciding to build a new home, there are a lot of things to consider, including the pricing strategy you want to proceed with. Most home builders will offer clients the option between a fixed price and cost plus contract. Deciding which one is right for you can add to the stress of home building, so at Gibson Contracting our team works with every client to assist them with this decision so that it becomes one more flawless step in the construction of your new home.
Fixed Price Contract
For clients that have a set budget and can prioritize their home options, a fixed price contract is the best option. With that being said, all things aren't equal when choosing a contractor. At Gibson, we don't compromise the integrity of a home to present a lower bid than competitors. We present our fixed price contracts with the Gibson standard of using superior materials and installation methods.
The most significant advantage of a fixed price model is that it allows the homeowner to know in advance what the house will cost. You will be aware of the total cost before the project even begins and not have to worry about market price fluctuations.
The main disadvantage of the fixed price model is that it typically requires clients to prioritize their home desires and possibly make concessions to keep within their set budget.
Whether you’re ready for it or not, fall has arrived. As the leaves start turning orange and the days get shorter, its time to switch your white wine to red, and get your house prepared for the coming months.
Our Gibson team has put together some tips that will help make your home more comfortable during fall and winter.
1. Check windows and doors on the exterior for possible air or water leaks - make sure the weep holes are clear at the bottom on the outside.
2. Inspect caulking around windows for cracks or separation from the window or building.
3. Check the roof for loose shingles, tiles or shakes. Make sure vents are in good condition and are not blocked with debris.
In Fall 2018, the speculation tax will be applied on properties that are not the primary residence of the owner — they’re not living there for more than six months per year — and that aren’t being occupied by a tenant when the owner isn’t there.
Secondary properties will only be hit with the speculation tax if they’re located in any of the following areas: