According to recent data, home prices in Houston rose by 6.5% from the previous year, and that’s for all the good reasons. Texas has no state income tax, and the mild winters and rarely freezing temperatures along with the low cost of living make Houston a thriving real estate market. However, is construction that easy in Houston’s dynamic market range? Well, the answer is no it’s not. Real estate projects are some of the most complex and expensive investments that anyone can undertake. That’s why it’s essential to save as much money as you can with a design-build company. Wondering what a design-build is, how it works, and how can it help you save money in the long run? Here you go!
Source: https://www.houstonproperties.com/houston-relocation/houston-growth-statistics
Remember those old days when you were making a home, or renovating your old space, and you had to buy tiles from one company, faucets from another, and fixtures from somewhere else. Well, gone are those days and the time, effort, and money you had to spend with them because now the design-build approach is there. Here, one firm is responsible for everything from start to end. The architect, contractor, or engineer is in charge of all the project phases, and they handle everything from conceptualization and planning to engineering, design, and construction management.
You don’t have to lift a finger because design-build contractors oversee all aspects of the final product, including mechanical systems, electrical plumbing, layouts, etc. So, in case something goes wrong, you have a single point of contact to get these issues resolved. In addition, the contractors following the design-build approach also provide a detailed Scope of Work (SOW), which outlines every aspect, including the materials, estimated cost, timeline, or any other relevant information.
Instead of hiring multiple vendors or workers, when you hire a single team to oversee the entire project, you benefit from a more accurate scope and timeline. In addition to having a defined budget for the work, you also get the liberty to track expenses and maintain a comprehensive understanding of all the costs during the entire project.
Besides, when working with a design-build company, you don’t have to run to a new entity every time you have a problem. With a single source of accountability throughout your project, you can avoid cost-intensive change orders that often come from bouncing back and forth between engineering teams and design. A professional design-build firm has existing connections with subcontractors and industry professionals. So, while keeping all your construction needs under one roof, you also save the trouble of vetting and negotiating to complete the work needed for your project on time and within budget.
Need more information on how you can save money by hiring design-build contractors in Houston, or want a personalized estimate? Our team of seasoned contractors at Marwood Construction is just a call away!