Wednesday, June 6, 2007

Budget Myths

Most people focus on square footage as the big item for cost control. This is not always the best place to cut cost. You can build two houses from the same set of plans with different specifications and have a significant difference in price. One house can have a slate roof, granite countertops, lots of trim or molding, etc., while the other house has the cheapest composition shingle, Formica” countertops, and little or no trim and moldings. The biggest mistake someone can make is to pick a plan solely on square footage. Buying a plan with a family room or den that is too small and you end up miserable in the house because of it is a huge mistake. Consider cutting back on finishes to save money. You can always add a nicer roof, granite countertops, or even more trim and molding. But you can not add that foot back to that family room or den.
Frank Snodgrass

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