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⛔️ Cost Plus vs. Fixed Price with @designing_holmes : Know the Difference Before You Build Cost-plus contracts sound great—flexibility, transparency, pay only for what you use. But here’s the reality: they almost always go over budget. Why? Because a cost-plus contract is not a real price—it’s a best guess. It assumes the client has completed all selections and decisions before building starts (which rarely happens). In reality, the design evolves during construction, unexpected costs come up, and the builder is left figuring things out on the fly. Most clients think they’re getting a budget, but they’re really just getting a starting number—not a finished price. And since costs aren’t locked in, overruns are almost guaranteed. It’s not always the contractor’s fault either. Some contractors do guide clients well through the process, ensuring upfront decisions and cost control—but that’s rare. Most cost-plus projects run late and over budget. This is why we stick to a fixed-price model at Versa Homes. We believe in real numbers, not vague estimates. Our clients know exactly what they’re paying upfront, no surprises, no endless cost escalations. #construction #architecture #design #building #interiordesign #renovation #contractor #engineering #home #realestate #constructionlife #builder #homedecor #homeimprovement #civilengineering Visit us at: www.versahomes.com Book a call: https://letsmeet.io/versahomes/15-min... Socials: Facebook: www.facebook.com/Versahomes/ Instagram: www.instagram.com/versahomes/?hl=en LinkedIn: www.linkedin.com/feed/ #customhomebuilder #customhomes #luxeryhomes #ontimeandonbudget #construction