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I have a low bid from another builder. How do I compare?

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Your decision to hire one builder over another shouldn't rest solely on price. In fact, there are several other criteria that are more important: style, finishes and features of the home, the site conditions and the type of contract you want to use for construction. Bids by competitive builders are difficult to read and compare - and you have to ensure that the bids are based on identical specifications, using the same quality of materials. Then consider the quality of the workmanship offered by each builder. Remember, the low bid signifies the cheapest builder you can find, and it is possible that that builder won’t be the cheapest when construction is done. More important than cost is the builder's reputation and professionalism, experience, competence and warranty coverage. Another important consideration is compatibility with your builder. Building a custom home can be a stressful experience, and the better relationship you have with your builder, the easier it will be.