New Way job site and watch a job presently underway.
I priced out the cost of building my house plans to Lock-Up and it came out less than New Way quoted. What about that?
Aside from the benefits already discussed, it is likely that we have included a number of expenses in the costing of the project, completely aside from a reasonable profit for ourselves, that you haven’t included. These are the ‘little things’ which have a habit of adding up to big amounts, and send inexperienced builders way over budget.
Have you ever started a project with a certain budget in mind, only to incur a whole bunch of additional costs that you hadn’t anticipated? It’s a common experience, and one you certainly don’t want to have when building your new home.
I want to build in six months. Should I contact you then?
With sub-trades booking six to twelve months out you need to get started now to ensure that you will be building in six months. Yes, New Way Construction can get your project underway very quickly, but that is what we can do right now. We can’t predict what sort of delays our own people will be facing six or even three months now.
The message from the construction trade in Saskatoon right now is simple:
He who hesitates… LOSES!
Under current market conditions, the cost of waiting three to six months could be $5,000 per month.
Hard-hitting Questions & Answers about hiring New Way Construction:
Why should I hire New Way Construction for my new home project? Won’t it just cost me more money than if I do it myself?
Perhaps. If you hire us you will be paying for our services, but it’s a smart thing to do because it simply is money well spent. We believe very much in the value of what we do for our customers at New Way, and we believe you will too. We define value as the worth of what you receive relative to what you spend. New Way allows you to enjoy many of the benefits of hiring a new home contractor without paying the 'normal' price.
Of course we charge for our services (after all, we are in business to make a profit) but the amount that we charge is directly related to the service we provide. We don’t charge the same mark-up you would normally pay to a new home builder because we aren’t completing the entire job. We charge based on the proportion of the total project that we are doing for you: getting your home to Lock-Up. The rest is up to you, and the money you would normally pay to a builder to complete a home from Lock-Up Stage is money you are going to keep in your own pocket.
I was told that it cost nothing to hire New Way Construction! How can that be true?
In a busy new home market like Saskatoon’s it is actually possible that New Way Construction’s services could cost you nothing more out of pocket once your total project is completed. While in some cases we can actually save you a lot of money over building on your own, we don’t want to make that claim.
Smart new home owners understand why New Way Construction is the way to go in today’s new housing boom:
In today’s busy new home construction market, costs really do increase month to month. A six month delay while a sub-trade gets around to your new home project can mean an increase in costs measured in tens of thousands of dollars. Throughout 2007 a three month delay in a new home project in Saskatoon would result in increased costs greater than what New Way Construction charges to get an average home to Lock-Up. Many sub-trades are telling self-contractors and small builders to expect a wait of six to twelve months for their services! If you are building a new home, you can pay for our services and have your home done sooner, or spend the same amount of money (or more) and wait six months! If you choose to wait, you will have spent the money anyway and missed out on all of the benefits we just outlined above. What sense does that make?
We generate profits by saving money you simply can’t.
Who’s going to get the best price; an independent, or an on-going volume builder that knows the industry and how to best work with busy sub-trades and materials companies? Because of our volume purchasing, we obtain lumber, concrete, windows and doors at a price that no independent buyer can compete with. You benefit from these savings because we add our mark-up to our cost, not to the price that you would have to pay. This means that you get all of the benefits of hiring New Way Construction for a price similar to what you would have to spend doing the job on your own.
Wouldn’t it make sense to wait until the market settles down?
It is practically impossible for the market to “settle down” or (in other words) for prices to drop enough to justify any amount of time waiting. Even if construction prices were to actually start to fall six months or a year from now, they would first have to fall back to the price they are currently at. At that point, you would be paying the same price as you would be paying now, so there would be no benefit in waiting. Prices would have to drop further, to a point below where they are right now, in order to justify the wait. There is simply no reason to expect that this will happen. Remember that new home construction prices reflect labour rates and product pricing, not just demand, and these prices rarely go down.
But I heard that the price of homes in Saskatoon had actually dropped a little recently. What about that?
A dip in the average selling price of a house in Saskatoon is subject to a whole host of factors, some which are shared by newly built homes, but many which are not. The overall increase in real estate values in Saskatoon came long after the new home construction industry had warned that new homes would be in high demand. Average home selling prices may vary, but new home construction prices will not necessarily follow the same pattern. Even if the pace of the new home market in Saskatoon were to slow down, it would have to drop in half just to get back to the level of a year ago, which itself was, at that time, a record pace. In other words, it took a long time to reach the level of new home construction that we are at, and if prices ever drop (a feint hope if there ever was one) it will take a long time for this to occur.
Click here for an incredibly short list of fifty amazing reasons you should have called us six months ago!
