Our cost estimating tools are primarily intended to help people shop for house plans within their affordability range. Nothing is worse than falling in love with a home design that you ultimately can’t afford to build.
Washington, D.C. (PRWEB) December 8, 2009
In spite of a discouraging housing market, there is plenty of upside for savvy investors and homeowners who are considering construction of a new home. DreamHomeSource.com recognizes this opportunity for savvy consumers to capitalize on this opportunity and has released several new features to empower today’s home plan buyers.
There are several reasons why there has never been a better time to build a new home starting with the cost of home construction materials, including framing lumber and drywall. These, and other building materials, have dramatically declined in price, passing historic lows. Second, the price of labor has also fallen substantially. Custom builders and contractors are hungry for business and consumers are now more likely to find qualified, seasoned professionals, rather than the sub-par labor they would have found a few years ago. Third, the National Association of Home Builders has reported that land prices have fallen by more than 20% in the last two years. “Considering that a large portion of the budget for building a new home goes into the procurement of land, finding a great deal on a land parcel is probably the very best reason to invest in building a new home”, says David Rook, General Manager of the house plans business at Hanley Wood.
To help homeowners even more, Dream Home Source just released a unique cost-to-build search feature to help filter home plans based on rough building estimates. Now consumers can specify their budget, along with their desired house plan style, square footage, number of bedrooms, bathrooms and more. Dream Home Source also offers an advanced, highly-precise, fee-based cost-to-build calculator. This tool helps homeowners further refine their building estimate for a specific floor plan and is highly recommended as a next step in the budgeting process.
“Our cost estimating tools are primarily intended to help people shop for house plans within their affordability range”, says Rook. “Nothing is worse than falling in love with a home design that you ultimately can’t afford to build.” Rook also cautioned consumers, “These tools are meant only as guides. Consumers should work closely with their builder and lender for final cost estimates.”
DreamHomeSource.com features more than 24,000 house plans from more than 300 top designers and architects. Visit us today and find out why ePlans.com was named one of the best Web sites to find a home plan by Money magazine.
About Hanley Wood:
Hanley Wood, LLC, is the premier media and information company serving housing and construction. Through four operating divisions, the company produces award-winning magazines and Web sites, marquee trade shows and events, rich data and custom marketing solutions. The company also is North America’s leading publisher of home plans. Hanley Wood Business Media (Washington, D.C.), publishes 30 award-winning residential and commercial construction titles, including BUILDER, REMODELING, CUSTOM HOME, CONCRETE CONSTRUCTION and residential architect. Hanley Wood Business Media also offers the construction industry’s foremost collection of Web sites, including BUILDER, REMODELING, and ebuild, the comprehensive online guide to building products, as well as the largest collection of house plans online through ePlans.com and Dream Home Source.
Founded in 1976, Hanley Wood is one of the ten largest B-to-B media companies in the United States. Hanley Wood is owned by affiliates of JPMorgan Partners, which uses CCMP Capital Advisors to manage this investment.