Interested in building with us? Contact Warren Cole
610 N Bragg Ave
Lookout Mountain, TN 37350
Frequently Asked Questions:
Q: Will you work with my own architect?
A: Yes, we’ve worked with past clients who had family architects or a chosen architect from another state. We collaborate with out-of-state architects & homeowners with ease. Architects can be as involved or uninvolved in the process as they chose.
Q: Will Cole Construction build a modern design?
A: Yes, we are not married to one style. We welcome all styles and have a portfolio of all the styles we have built in the past from modern, traditional to mountain rustic.
Q: What goes into pricing a custom home?
A: It seems I am constantly fielding questions from customers about how much a custom home costs. The best answer I can give without being able to see a set of architectural plans first is to ask how much a car costs. Though the two concepts may not seem related at first glance, I ask you to take a moment to consider the following:
There are a variety of items that go into the making and price tag of a car, including an engine, wheels, doors, steering wheel, brakes, and an accelerator. But the cost of the car is determined by the price of the materials that go into its construction as well as the labor and time required to build the car and ensure that it is in working condition.
The same holds true for the construction of a home. When a builder tells you he can build a house for X amount per square foot without even taking a look at the drawings or considering the cost of materials involved, you may want to proceed with caution.
Q: Is getting several bids the best way to choose a builder in today’s market?
A: I suggest you spend your time wisely by putting a team together instead of bidding out a project, since this is often the most critical part of having a successful build. In this blog post, I will explain why engaging in a bidding war is often the biggest mistake my clients make.
Builders are often given a set of plans that may or may not be the final set of drawings. During the bidding process, builders know they are in competition with other builders of varying levels of expertise, which may be reflected in the price. Bidding will not help you with what should be your top concern: the quality of the house one builder can offer over another.
Often the lowest bidder is the guy who is the least busy, and it’s important that you ask yourself why.
If your goal of bidding is to get a better idea of how much it will cost to build your home, you may want to reconsider. In reality, a builder will only bid exactly what they see on the set of plans and nothing more because they know that all the other builders will do the same. The problem that occurs here is that it is unrealistic to think that an architect will call out every detail on your plans. This is why the items are not accounted for in the bids that you receive back. If there are grey areas, many builders and subcontractors will not bid on those areas, or will give a low estimate in order to get your business. The reality of the situation is that the number you receive from the builders is a guess at best.