07/12/2020
The key point of difference for a project home is that the design and layout of the home is complete and ready for you to view and select.
Project homes are mostly built by a builder at volume. The idea behind volume homes is to help drive costs down for the customer, but this trade-off for lower costs means customers have less ability to customise the design.
A custom home is a home designed and built to your requirements. The most common distinction from a project home is the higher costs because your home is customised to your wants and needs.
Design and Layout
• Project home – standardised plans with little to no room for changes without incurring additional costs. The dwelling’s plans are already prepared, there will be an additional cost to change anything, which is ultimately passed onto you.
• Custom home – fully customised plans to suit your design requirements and your budget. Architectural plans are generally created from scratch, meaning you can design the rooms and bathrooms to the size you desire, or include an extra study.
Price
• Project home – generally cheaper.
The price is mostly a fixed price based on the style of home and package you select. The price will vary between different display homes, which is ultimately dependent upon the size of the home, the quality of materials and also the finishes used.
The different packages should be clearly described and the differences highlighted, e.g. the gold package vs the platinum package. However, one of the biggest problems that homeowners face with project home builders is that they cannot accommodate design requests, unless they are a part of an existing package.
• Custom home – generally more expensive.
The price is higher due to the customised approach to the services. This starts with the design, through to the construction itself.
When you are choosing between a project home builder vs custom home builder solely on price, you need to determine what differences and “additional extras” you are getting for the money spent.