When building a custom home, should you upgrade?
Every builder had a different definition of "standard." Builder "A" may claim that they have a "premium appliance group" or an "upgraded carpet package" for the same price that was quoted to you by builder "B" for his standard specifications- no upgrades. But, before you get to excited, compare builder A's package to builder B's packages. Sometimes you will find builder "B" has the same appliances or the same carpet as builder "A", but he doesn't refer to it as an upgrade.
In some cases, it is not uncommon to see builders offer bonuses and discounts that substantially affect the price (upwards of $12,000) of your new home. It is important to look into these numbers to see if they are real or not. make sure the "upgrades" or "discounts" really add up and be sure to compare these features and numbers in relation to other builders and their quotes.
Builders will sometimes often boast that they offer large discounts, huge incentive packages or a certain amount of free upgrades. There are literally hundreds of issues that must be accounted for. It is important to see through the vague descriptions and enticing slogans and get to the details.
Be sure to try and price the specific upgrades and see if they are worth the cost. Sometimes the upgrades are a great idea and will save you money in the long term, other times the upgrades are nothing more than a profit center for the builder.
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