How do I decide whether to build or buy an existing house?

What should I look for in a custom builder?
Is cost per square foot a good way to compare and choose a builder?
What are some of the issues that are discussed during the design phase?
What's the process of building a home?
What should a contract with my builder include?
What kinds of warranties does a builder offer?

What should I look for in a custom builder?

The following are the top qualities that you should consider when you evaluate the potential builders of your new home:

Strong Reputation
Check references not only of recent customers, but also of people who have lived in their homes for a number of years. Poor quality may not be apparent immediately.

Experienced
A new home is a major investment for you. Make sure the builder has the experience and qualification necessary to build your home the way you want it. You don't want someone learning on the job.

Pride of Workmanship
Look for an emphasis on the quality of workmanship and pride in the construction. Don't make the mistake of going with the lowest bidder. The difference will be in the materials and workmanship. And watch out for builders who brag about their speed!

Good Communicator
Part of building a home without having any unpleasant surprises is having a builder that has strong communication skills. Is your builder going to get back to you quickly? Is he willing and able to constructively discuss any issues that may surface while building your home?

Well-Organized
The building process is complicated and involves many different people and thousands of details. Make sure your prospective builder is well organized and efficient.

Understanding and Caring
Building a custom home is a dream come true. You've probably spent years thinking about it. Now you want to work with someone who will take the time to help make your dream become a pleasant reality rather than a nightmare. You probably will change your mind during the process and the really good builders will try to work with you, while controlling costs.

On-Site
Is your builder actually on-site a good deal of the time? Or does he have six houses going simultaneously and stay in the office while a foreman runs the jobs?

Trustworthy
You want someone who you can trust. You will be relying on the builder to make hundreds of important decisions, and you need to be confident that he will treat you fairly. And do you actually like him? Good contractors are never pushy, arrogant, or hard to talk to.

Long Term Relationships With Quality Subcontractors
Most builders subcontract out much of the actual building process. The best builders have strong long-term relationships with their subcontractors. That is the only way to maintain a high level of quality and service. Builders who constantly switch subcontractors in search of the lowest price, often end up with lesser quality and longer building times. Instead of being partners in building a quality home, the subcontractors see themselves more as mercenaries, and they lack the pride that is necessary to build a great home.