NAHB Outlook on Housing Released (Waukes

10 May

NAHB Outlook on Housing Released
(Waukesha, Wis.) May 9, 2013 –

The National Association of Home Builders (NAHB) recently released their outlook on housing and found the housing market is turning around in Wisconsin and the nation. According to NAHB’s Chief Economist Dr. David Crowe, “The temporary ‘softness’ in housing starts early this year was a ‘momentary pause,’ and momentum will pick back up for the rest of the year.” The pause was due to the federal budget sequester, along with labor and material shortages. Housing, according to Crowe, drives the nation’s economic recovery. There will be an increase in housing in Wisconsin, and in the nation. Wisconsin and the nation are entering a period where there will be more houses being built. “The MBA has received many inquiries from consumers looking for a builder to build their dream
home,” said Kris Hillmer, MBA executive director. “People interested in building can tour brand new homes during the MBA Parade of Homes this August and September. For those who can’t wait and want to build a home now, visit the MBA’s web site at MBAonline.org, to find quality custom home builders.”

According to the NAHB report, multifamily homes and remodeling projects are now close to normal levels in the market. This year alone, multifamily homes are predicted to climb 35 percent nationwide. Remodeling projects are predicted to increase by 2.2 percent this year. The report showed single-family home activity at 47 percent of normal during the first quarter this year. Crowe predicts it will be a 71 percent of normal by the end of 2014. The report predicts an increased number of people buying a home compared to last year.

Spring Tour of Homes starts this weekend!

30 Mar

The Metropolitan Builders Association is hosting Southeastern Wisconsin’s Largest Open House – The Spring Tour of Homes, Condominiums & Land April 17th through May 2nd. This FREE tour runs Saturdays and Sundays from noon to 4:00 p.m.

The Spring Tour of Homes, Condominiums & Land has celebrated the beginning of new home construction season for more than 20 years. Whether you are searching for a roomy four  bedroom home, or a quaint condominium, your quest should begin at the Spring Tour of Homes, Condominiums & Land. “The diversity of the projects makes the Spring Tour an outlet that everyone can enjoy,” said MBA Executive Director Richard Hodges. “In addition, now is a terrific time to build a home. Whether you are a first time homeowner or looking to move up to a larger home, it’s a GREAT time to build.”

 The 2010 Tour features 48 projects in a wide variety of communities, built or developed by 30 different companies. The Tour will highlight 12 different condominiums, 34 different single family homes, and 2 communities. Projects are scattered throughout Milwaukee, Ozaukee, Washington, and Waukesha Counties.

 If you are on the hunt for the excitement that can only come from building a new home or enjoying the amenities of condominium living, don’t miss the 2010 Spring Tour of Homes, Condominiums & Land. This free Tour runs from April 17th through May 2nd with models open from noon to 4:00 p.m. on Saturdays and Sundays.

 For more information on locations, floorplans, and descriptions of the projects in the 2010 Spring Tour of Homes, Condominiums & Land, browse the official Spring Tour website at www.mbaonline.org

The Cost Question

18 Mar

A question Tim O’Brien New Home Consultants often hear is “what’s your price per square foot?” The perception (or presumption), we assume, is that if you wanted to add or subtract a few square feet for whatever reason, you simply add or subtract that amount per foot from the price or cost of the house.

Simply, in our business, it doesn’t work that way. For us, it’s an impossible question to answer without a lot more information and detail, and one that can only be derived once the house is finished and all costs have been accounted for. Before that, it’s akin to asking, “How much does a vacation cost?” without first knowing where and for how long you plan to go, and by what mode of transportation, among other considerations.
The fact is, the details (and therefore cost) of every house — even those built on speculation by large-volume builders — is different, and the cost of your house is entirely up to you, not your builder. Only you know how much you can afford and what you want in your new home. At Tim O’Brien Homes it is our job to apply our expertise and experience to finely detail your wants and needs and then build a home that meets (or ideally exceeds) those expectations while remaining within your budget.

That’s why it is so important to determine and then share your budget with us from the first moment you select us to build your home. Budget information should precede any talk of contracts or actual construction. Using the vacation analogy, we are like a travel agent working with you to plan a trip.

Still, the square-foot cost question persists. So, it might be helpful to understand what goes into or affects the cost (or ultimate price) of a new home to gain a better perspective on the question.
For instance, the costs of similarly sized homes can vary considerably due to their location (and even size and shape of the lot within the same neighborhood), the outline of the building, the type of and complexity of the foundation and roof, and many other construction and design characteristics that are not directly related to the square footage of the house.
In addition, costs including development impact fees and permits, or state and municipality mandated code requirements, can add from a few thousand to tens of thousands of dollars to the ultimate cost of a new home, regardless of size. Labor and material costs also can vary substantially based upon the time of year, availability and demand of building materials and workers, weather conditions, and the complexity of the project.

The list of variables goes on, and we’re happy to discuss them with you and explain how they might impact the cost of your new home. But, in our view, it’s short-sighted to ask us up-front what our homes cost per square foot, and certainly to base one of the most important decisions of your life on that metric alone.

Finding the Right Builder

9 Feb

 There is a ton of information about how to find a builder for your new home.   Unfortunately, most of what you read or hear from non-builder “experts” reduces the decision to numbers, specifically the cost estimates that a few builders provide in a competitive bidding process. To us, basing such an important decision and arguably one of the largest investments of your life on mere numbers is at least incomplete and at worst, a potential nightmare scenario. Frankly, we’d rather not be your builder if your evaluation of our capabilities rests entirely on how much we think it will cost to build your new home.

Instead, we encourage and have found success (read: satisfied clients) by suggesting a different tact. It’s a comprehensive approach that admittedly takes a little more time than just collecting bids, but one that can result in truly finding the right builder for your unique situation and budget.

It starts with identifying what’s “right” for you, a unique definition that requires a solid vision for your project and some personal introspection. For instance, if you are planning to build a large custom home, you should look at builders in your area that specialize in and have a track record of building those types of homes.

Narrow that list by investigating each builder’s website, calling their references, the Better Business Bureau, or your local building association chapter.

Based on your current personal and professional relationships, consider the types of personalities you like and respond to best. You’ll probably spend more time with your builder over the next several months than almost anyone else.

You won’t know if you’re ‘compatible’ until you meet face-to-face. If you’re confident in one builder, either from your research or a strong referral, you may not feel the need to meet with any other candidates. But if you are truly starting your search from scratch, without a referral from a trusted source, we suggest you develop a short list of 3-4 builders and invite them to make a presentation in your home or their office — as much to glean their methods as to gauge compatibility.

At those meetings, be open and honest about your project. If you have a set of architectural plans, show them. Request that each candidate bring photos of projects that are similar to yours in style and size. Inquire about how they define “quality” construction and how comfortable they are about green building … if that’s something you care about.

Finally, ask the builder (or builders) about their financial stability and, in turn, share your project budget and financial plan. There’s no sense in trying to forge a good working relationship if you demand a builder’s financial status but won’t be forthcoming about what you can afford and how you’ll pay for your new home.

Once you find a builder that’s earned your confidence in their skills, financial stability, understanding of your project, and (most important) their ability to communicate with you, it’s time to refine and sign a contract and get your builder involved in the project as soon as possible. Having a builder on the team early helps ensure that everyone is moving in the same direction and toward the same goal of realizing the home you envision.

Digging Out!

2 Feb

Wow!  What a blizzard! The last 24 hours brought heavy snowing and strong winds that shut down highways and closed schools and businesses.  When we experience weather like this, it’s not just our driveways and sidewalks that require a dig out.  Don’t forget about your side-venting furnaces and exhaust pipes.  Make sure they are clear from snow to keep your home’s systems running properly.

What does ‘low-e’ in windows mean?

27 Jan

The term “low-e” refers to a coating or thin, nearly invisible film on window glass.

In the summer, the result is a cooler glass surface and a reduction in the transfer of heat into the living space and in the winter the window allows radiant heat to enter the room. This makes the home more comfortable and more energy efficient.

Low-e glass is now standard on most windows or an easy upgrade on others.

Inside the Building Site: Interior Finishes

6 Jan

Regardless of a home’s size or style, all construction follows a consistent pattern and pace. Excavation and foundation work will be followed by the framing phase, which will be followed by rough mechanical, electrical and plumbing work. As soon as those stages are complete, insulation will be installed. These steps follow each other quickly and are easy to see. The progress is exciting!

But when our crews and subcontractors begin to focus on the interior finishes of a new home, the pace seems to slow down and daily progress is more difficult to follow. To the homeowner, it might seem that we are losing focus or paying less attention to the project. In fact, the opposite is true. The apparent pace of work has slowed because finishing work is much more detailed than the previous stages. We must be more focused and pay more attention to the finishing details.

For example, cutting, building, and fastening the pieces of a complex crown molding profile along the ceiling-wall joint of an upscale kitchen requires several hours of painstaking work by a skilled finish carpenter. Likewise, finishing newly built walls to a smooth, uniform surface is a process that takes multiple cycles of application, drying, sanding, and cleaning to accomplish properly.

There also are more products to install. The number of cabinets, faucets, light fixtures, door handles, and outlet and switch covers in a modern new house continues to increase as homes become larger and more luxurious. To get some sense of that task, count the number of outlets and switch covers in your kitchen and family room alone (or in the whole house, if you’re more ambitious), each of which must be installed by hand before you can move in.

Finally, finish work signals the last stage of the building process. Both we and our homeowners are anxious to finish the job after several weeks of anticipation and hard work, not counting the time spent planning before construction began. It is hard for homeowners to remain patient when the work appears to be moving slowly.

By the very nature of its exacting, hand-applied work, the finishing phase of homebuilding is necessarily slow. That does not mean that the work is being neglected! During this final part of your home construction, remember that we remain focused on the highest quality installation and application of your home’s interior finishes.

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