4 Types Of Builders

It is an obvious fact that no one agrees to compromise on any aspect when it comes building a dream home. It takes a lot of hard work to earn enough to finally buy a home for a person. When it comes to building new home or renovating existing one, it is essential to check credibility and ensure reliability of Builders in Sydney. A building contractor may differ from another in the type of service they provide. Not just the design and ways of working the business models of building contractors differ. Some builder work on client’s specifications while other sell houses as a complete product. Below are the 4 different types of building contractors:

Tract builders

Tract builders are generally big commercial houses with an established brand name. They float high investment projects including residential colonies, high rise buildings etc. Tract own the land and building or colony, plan the architecture and complete the project in a time slot. Clients are able to purchase a ready flat or apartment.

Custom builders

Custom home Builders Putney employ workforce and engineers to work on the specifications given by client. The plot of land is owned by buyer. He may hire an architect and builder independently. Builder is to work on the specification and sometimes architectural plan provided by the client. There is lack of autonomy in this type of model. Normally custom homes take longer to build due to absence of learning effect. Costs involved are generally high.

Speculative builders

Speculative builders are tract builders on a lower level who purchase a couple of plots, build homes and wait for customers to purchase.

Semi custom builders

Semi custom builders have a sense of autonomy comparing to custom builders. Builds are based on existing blueprints but client can modify to some extent to his own preferences. Builder builds the house on land owned by himself or client. Since the basic structure has not changed there is some extent of repetition involved resulting in efficiency in completion of work.