ᐅ How many prefabricated house providers did you compare before making your decision?

Created on: 3 Nov 2012 15:06
N
nk2101
N
nk2101
3 Nov 2012 15:06
We are slowly but steadily making progress with our house planning. We already know that it will be a prefabricated house and have a rough idea of the floor plan.

Now the question: how many prefabricated house companies should you meet with or get quotes from? How long does such a meeting usually take, and should you provide detailed ideas in advance?

AND how do you choose which companies to meet with in the first place?

Also, does anyone know a good way to check how financially stable a construction company is? Just to avoid the risk of the company going bankrupt during the build...

Thank you in advance.
V
vokono
3 Nov 2012 15:46
Hello,

My advice: Narrow it down to a maximum of two to three options. Check independent building blogs to see who delivers good quality. Since meetings with providers often involve several appointments, it’s important to clarify your expectations beforehand. Sending multiple inquiries may not be very useful because it can be difficult to compare different construction contracts and building specifications. However, consumer advice centers (usually free of charge), specialized construction law attorneys, and independent building consultants (architects) can offer guidance. You can also look up company registries through official publications, which can be somewhat helpful. Just enter it into a search engine.

Good luck
B
barcuda
4 Nov 2012 11:13
At the beginning, you need to decide whether you want to build with solid construction methods or use lightweight construction. Once this decision is made, it makes sense to pre-select, for example, three providers. If you have already at least clarified the basic floor plan solution—as it sounds like you have—you can request concrete offers. It is important to clearly define your requirements regarding features, technical specifications, and energy standards. Ultimately, the offers must be comparable, and floor plans alone are not sufficient for this.

Discussing the offers with the providers usually cannot be done in a single meeting. In the end, you should receive an offer including a detailed building and performance specification as well as a draft construction contract for review. If a provider is unwilling to provide these documents, it is advisable to walk away. Comparing prices alone is not very useful. You need to assess what is contractually and bindingly agreed upon. Which services are included, and how detailed are the descriptions of execution, materials, and so on? Besides purely construction-related aspects, references are naturally important, as are guarantees or other securities. Construction contracts also typically include assumptions under which the offer price is valid (ground conditions, site setup, etc.). To properly evaluate and compare these factors, I recommend involving an independent and knowledgeable construction consultant. Often, it is the fine print in the contractual terms that makes a significant difference—this is difficult for a layperson to learn thoroughly on their own.

Consumer advice centers are certainly a good starting point. However, building contracts with detailed building and performance specifications can be quite extensive (and they should be). When dealing with several offers, one may question whether consumer advice centers can manage this, as thoroughly reviewing three offers in depth requires several hours.

Please keep in mind that given the scale of investment for a house, professional advice should be affordable within your financial limits. Don’t try to save money in the wrong places!