Some builders offer ready-to-live-in houses. Under this type of contract, they handle all the steps related to the construction, from the design to the delivery of the house to the customer. But what are the benefits and limitations of this format?
What is a Ready-to-Live-In House?
Upon signing a ready-to-live-in house contract, the builder takes care of managing the entire project, in compliance with the agreed price and deadlines. The owner of the house doesn’t need to find the craftspeople or follow the work of the various trades. The builder oversees the whole project, from design to completion, and the owner takes possession of their home once the work is finished.
Generally speaking, the management of the outdoor spaces, such as the terrace or the garden, is excluded from this type of construction, but nothing prevents them from being included in the contract.
The Benefits of the Ready-to-Live-In House
- The comfort. With a ready-to-live-in house contract, the owner doesn’t intervene at all in the construction: they don’t need to select the tradespeople and verify their credentials and their insurance. The organization of the job site, the coordination of the various trades, the recovery of the craftspeople, the reception of the work, and dealing with poor workmanship and unfinished work are completely managed by the builder. And because they take care of everything, that means less stress for the owner.
- The firm and definite price. With a ready-to-live-in house, the price is agreed on in advance. This means that if the cost of a material increases, it will have no impact on the price. There’s also no need to budget for an architect, because everything is included in the negotiated price. The owner is also protected from unforeseen costs, as are common in standard construction contracts.
- The guarantee. Unlike building it yourself, which only offers the manufacturer’s warranty, the owner of a ready-to-live-in house benefits from the Guarantee Plan for New Residential Buildings.
The Limitations of the Ready-to-Live-In House
- The lack of flexibility. With deadlines and a budget to stick to, a ready-to-live-in house contract necessarily offers less flexibility than one for a traditional house. The owner, who isn’t the project manager, has less wiggle room during construction and can only change the plans or modify the layout solutions with great difficulty during the work.
- A standard home. Although the plans can be adjusted a bit to suit your desires and personal tastes, ready-to-live-in houses leave very little freedom when it comes to customizing the house. Indeed, the plans are less flexible, and the customization remains very limited.
- The price. As the owner doesn’t intervene at all in the construction of a ready-to-live-in house, it’s not possible to save money on the finishing touches. The price of this type of house is therefore much higher.
Unless you have the necessary skills and time to monitor the job site, building a house isn’t within everyone’s reach. Relying on a ready-to-live-in home builder may therefore be a good option, as long as you don’t want to give an overly personal touch to the house.