You may run across the terms “production builder” and “custom builder.” They sound complicated, but it’s pretty simple. Think about buying a dress or a suit. You can buy one “off the rack”, or have a tailor measure and make for you. Production builders create a “rack” of homes; custom builders measure lots, learn buyer preferences, and make highly customized homes.
Which you select depends on your budget and preferences:
- How much time do you have?
- Do you own a lot on which to build?
- How much design input would you like?
Production builders frequently build multiple homes on multiple lots in the same place, so they generally combine the home and the lot in a package deal.
If you already own a lot, a ‘spot lot’ builder who constructs an off-the-rack model from plans on your lot, may be your only alternative to a custom builder.
As with suits or dresses, quality and price vary for both production and custom builds. Take the time to evaluate both carefully in your local market.