This is the most commonly asked question on the minds of those considering building a new home. Although it is extremely difficult for a General Contractor to assess the cost of an entire project in its conception stage, CMB Construction Management Company's Design/Discovery process will help align your project within your goal budget.
What type of loans are available?
In most cases, you will need to apply for a construction loan. Though CMB Construction Management Company can answer some questions regarding financing, we highly recommend that you speak to your financial institution regarding financing your project.
Do I need a special insurance for building?
You must obtain Builders Risk Insurance and maintain it throughout the entire construction process. Once you receive the Certificate of Occupancy, your insurance company will convert this insurance into the homeowners insurance. Builders Risk insurance is a mandatory requirement for homeowners building a home. Contact your insurance carrier for more information.
Can I participate in doing some of the construction work?
Although we allow certain flexibility, it can slow the progress down during construction if homeowners are doing some work. CMB Construction Management Company is open to discuss flexibility in certain situations. Electrical, Plumbing, and HVAC work by homeowners, however, is prohibited during the construction process due to permitting requirements.
Do you build on private property?
Yes, we build on privately owned properties as well as homeowner purchased lots. The Design/Discovery and building process between vacant land and city lots are vastly different. CMB Construction Management Company does not purchase real estate nor do they build spec homes. Land Assessments are available per appointment if you should have questions before purchasing your property.
How much do the utility companies charge for new gas and power?
The cost for new utilities on site varies from project to project. Your local utility companies can answer these questions based on a per foot price; however, you will know the actual cost closer to the time the utility company planner does a site inspection after the foundation walls are in.
What time of year is best to build a new home?
The best time to construct a new home from beginning to end is between May 1st and November 1st. Construction can also be done in the winter; however, only if the foundation is completed before November 1st. The remainder of the project can continue throughout the winter months. Please keep in mind that after November 1st, winter conditions can add costs to the budget and add time to the schedule.
How long does it take to build a new home?
Length of time to construct a new home depends on the time of year the project starts and the size of the project. Typically, a project can take between 6 - 8 months and sometimes over a year if it is a larger home and is very customized. Weather, trade partners, suppliers and municipalities can affect the timing as well.
How long does the overall process take?
This depends on the homeowner's involvement during the Design/Discovery phase of the process as well as the Financial phase. If the homeowners are actively working with CMB Construction Management Company to be at scheduled meetings, select their standards and upgrades, work with their bank and approve working plans, then it can take about 3 months for planning and 6 to 8 months for construction. Again, this depends on customization of project, size of project and homeowner decision making abilities.
Do you build custom modular homes?
This is a great question and goes into much detail. CMB Construction Management Company has six years experience setting and finishing modular custom homes. This is a very unique process and requires a different management method for your home. When a client asks us about modular building, we assess their needs, time frames and engagement level. Common client questions are "Is it more economical" and "Is it faster to build". The simple answer is it just depends on the client's situation. For more detailed comparisons between conventional and modular custom building, please call to schedule your free consultation visit.
Areas We Serve
Lapeer County, Sanilac County, St. Clair County, Genesee County, Northern Macomb County, Northern Oakland County, Tuscola and Huron County