FAQs

Often, when a house is built, it is part of a development or subdivision. The contractor is able to purchase lumber, plumbing and electrical supplies at a discount because he is buying large quantities. It's the same as the price break you receive when you buy in bulk at the grocery store. In addition, the contractor can schedule electricians, plumbers and carpenters more efficiently which saves time and money. These savings can be substantial and are not available when rebuilding one home after a loss. But even if your home is not part of a group of homes, the pricing can be different. Reconstruction cost - or the cost to rebuild your home - is generally more expensive than building a new home from scratch. Home reconstruction involves the removal of damages materials and a need to work around existing landscaping, power lines and other buildings. All of this requires more highly skilled workers who charge a higher wage. Building experts say it costs up to 30% more to rebuild a house than to build it new*
*Researched by Marshall & Swift/Boeckh