Malmquist Construction: Streamlining Your Home Building Journey.pdf

Building your new home is an exciting and important endeavor. Malmquist Construction aims for a smooth and enjoyable process by clearly defining project expectations from the start. Their comprehensive approach ensures efficient and seamless construction.

The typical steps in building a home include:

1. Lot Selection Process: The Builder assists in selecting and acquiring the optimal lot, considering factors like soil types and well depths that affect build costs.

2. Management Agreement Process: Clients must approve either a "Cost Plus" or "Fixed Cost" Design Build Construction Management Agreement, outlining design-build processes, services, responsibilities, and payment methods.

3. Design Process: If no architect is provided by the Client, the Builder gathers necessary information to begin designing the home, including floor plans, elevations, site plans, and roof designs. This process takes 30-90 days.

4. HOA Approval Process: For lots in HOAs requiring approval, the Builder manages this process, which includes obtaining landscape and civil engineering plans, and may take 30-60 days.

5. Square Footage Analysis: A rough budget is calculated based on projected square footage costs from previous jobs, excluding specialty construction and site work variables.

6. Preliminary Budget Process: After HOA approval, the Builder prepares final design documents for a building permit and outlines an estimated cost in the Preliminary Budget, including allowances for items needing Client selection.

7. Interior Selections: Post-Preliminary Budget approval, the Builder assists with selecting interior improvements like flooring, countertops, appliances, etc., using allowances from the Preliminary Budget.

8. Building Permit Process: The Builder applies for a building permit and manages this process until approval is granted, which can take 3-8 weeks depending on various factors.

9. The Bidding Process: During permitting, the Builder submits Working Documents to subcontractors for bids, preparing detailed Scopes of Work to ensure accurate and comparable bids. This takes about three weeks.

10. The Bid Budget Process: After receiving and verifying bids, the Builder prepares a final "Bid Budget" with cost line items based on actual bids. If this exceeds 5% over the Preliminary Budget, clients can either value engineer the project or authorize adjustments.