Part 2: Maximizing Your Construction Loan and Building with Confidence

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At BWD Construction, we’re passionate about helping you turn your dream home into reality. In Part 1 of our blog series, we outlined the basics of construction loans and the financing process for custom homes in Colorado. Now, in Part 2, we’ll dive deeper into strategies for maximizing your construction loan, managing the building process effectively, and avoiding common pitfalls. With the right approach, you can make your custom home project a rewarding and stress-free experience.

 

Understanding Construction Loan Disbursements: The Draw Schedule

A key aspect of construction loans is how the funds are disbursed. Unlike traditional mortgages, where you receive the entire loan amount upfront, construction loans are distributed in phases known as “draws.” These draws are tied to specific milestones in the construction process, such as foundation pouring, framing, roofing, and finishing. Here’s how to make the most of this phased approach:

 

  1. Work Closely with Your Builder: At BWD Construction, we provide detailed timelines and cost breakdowns that align with the draw schedule, ensuring smooth coordination between your lender and our team.
  2. Stay on Top of Inspections: Lenders often require inspections at each milestone before releasing funds. We assist in preparing for these inspections to prevent delays.
  3.  Plan for Contingencies: Even with a detailed plan, unexpected costs can arise. Your loan’s contingency reserve can cover these expenses, but staying proactive and communicating with your builder and lender is essential.

 

How to Budget Wisely During Construction

Building a custom home requires careful financial planning. Here are tips to ensure you stay on budget:

 

  •  Track Expenses Regularly: Keep a detailed record of all costs to compare against your budget. At BWD Construction, we provide transparent cost tracking to help you stay informed.
  •  Use BuilderTrend for Real-Time Budget Tracking: We offer a project management tool called BuilderTrend that allows our clients to see their budget in real time. This tool also provides weekly communication on where their project stands, ensuring you’re always in the loop.
  •  Avoid Major Changes Mid-Project: Changes to your home’s design or materials during construction can lead to cost overruns. Finalize decisions upfront to minimize surprises.
  •  Factor in Soft Costs: Don’t forget to budget for expenses beyond labor and materials, such as permits, utility hookups, and landscaping.


Leveraging Equity for Long-Term Savings

As mentioned in Part 1, if you’ve purchased land with cash, you can use it as collateral to reduce your construction loan’s down payment or secure better terms. Here’s how to maximize this advantage:

  •  Lower Your Interest Payments: By reducing the loan amount, you’ll save on interest during the construction phase.
  •  Increase Your Home’s Value: A well-planned custom home can significantly increase the value of your property, especially when you’ve leveraged equity wisely. This can provide you with more options when transitioning to a permanent mortgage or refinancing.


Transitioning to a Permanent Mortgage

Once your custom home is complete, your construction loan will need to be paid off or converted into a long-term mortgage. Here are the most common options:

  • Construction-to-Permanent Loan: This seamless option combines the construction loan and permanent mortgage into one package, saving you time and closing costs.
  • Refinance with a Long-Term Lender: If you’re seeking a better interest rate or terms, refinancing with a different lender can be a smart move. BWD Construction’s partner banks often offer competitive rates for this transition.

Avoiding Common Pitfalls in Custom Home Financing

Navigating the financing process can be tricky, but these tips can help you avoid common mistakes:

  1. Don’t Overextend Your Budget: Be realistic about what you can afford, factoring in not only the construction costs but also long-term expenses like property taxes and maintenance.
  2. Choose the Right Lender: Working with a lender experienced in construction loans is crucial. Our partner banks are well-versed in the unique requirements of custom home projects in Colorado.
  3. Communicate Effectively: Regular updates and open communication with your builder and lender are key to preventing misunderstandings and delays.

How BWD Construction Simplifies the Process

At BWD Construction, we’re more than just builders—we’re your partners in the journey to create your dream home. Here’s how we make the process easier for you:

  •  Expert Guidance: From pre-qualification to final inspection, we’re with you every step of the way.
  •  Seamless Collaboration with Lenders: Our strong relationships with partner banks ensures streamlined communication and faster approvals.
  •  Transparency and Trust: We keep you informed throughout the process, providing detailed updates on costs, timelines, and milestones.

Ready to Get Started?

Building a custom home in Colorado is an exciting journey, and with the right team and plan, it’s one that’s well within reach. If you’re ready to take the next step, contact BWD Construction today. Let’s explore your financing options, finalize your construction plans, and make your dream home a reality.

 

BWD Construction is your trusted partner for custom home building in Colorado, offering expert guidance, strong lender partnerships, and a commitment to delivering exceptional results.

Keep the Edge with BWD Construction: Choosing the Perfect Countertops for Your Home

by BlogsUncategorized

When it comes to creating a stunning kitchen or bathroom, few elements make as significant an

impact as your choice of countertops. At BWD Construction, we pride ourselves on being your trusted general contractor, guiding you through the exciting process of designing your dream home or transforming your existing space. Whether you’re embarking on a custom home build, a kitchen remodel, or a whole-house renovation, our expertise ensures you’ll keep the edge on style, functionality, and quality.

 

Exploring Countertop Options

Countertops come in a variety of materials, each offering unique benefits and aesthetic qualities. At BWD Construction, we’re here to help you explore the options that best suit your needs, lifestyle, and budget. Let’s dive into some of the most popular choices, focusing on two standouts: quartz and granite.

Quartz Countertops

Quartz countertops are an engineered stone surface made from crushed quartz and resin. They’ve become a favorite among homeowners for their durability and versatility.

Pros:

  • Durability: Quartz is non-porous, making it highly resistant to stains, scratches, and bacteria.
  • Low Maintenance: Unlike natural stone, quartz doesn’t require sealing and is easy to clean with mild soap and water.
  • Customizable: Available in a wide range of colors and patterns, quartz can mimic natural stone or provide unique, modern designs.
  • Consistency: Its engineered nature ensures uniform patterns and coloration, ideal for sleek, modern aesthetics.

 

Cons:

  • Price: Quartz can be more expensive than some other options.
  • Heat Sensitivity: Direct exposure to high heat can damage the surface, so hot pans should always rest on trivets.

 

Granite Countertops

Granite is a natural stone that has long been a symbol of luxury in homes. Each slab is unique, providing a one-of-a-kind look

Pros:

  • Natural Beauty: Granite offers a timeless, elegant appearance with its natural veining and rich color variations.
  • Durability: Resistant to heat and scratches, granite is an excellent choice for busy kitchens.
  • Longevity: With proper care, granite can last a lifetime.

 

Cons:

  • Porosity: Granite is porous and requires regular sealing to prevent stains and bacteria growth.
  • Inconsistency: Variations in patterns can make matching pieces difficult for large projects.
  • Weight: Granite is heavy and may require additional structural support.

 

Other Countertop Options

While quartz and granite are the most popular, there are other materials worth considering, such as marble, butcher block, concrete and laminate.

 

 

Why Choose BWD Construction?

At BWD Construction, we understand that selecting the right countertops is more than just picking a material—it’s about finding a solution that complements your lifestyle and enhances the overall design of your home. Whether you’re building a custom home, remodeling your kitchen, or renovating your bathroom, our team of experts provides personalized guidance, design expertise, quality craftsmanship and sustainable options.

 

Transform Your Space with BWD Construction

Whether you’re dreaming of a luxurious kitchen, a spa-like bathroom, or an entirely new custom

home, BWD Construction is here to make it a reality. Our team specializes in residential construction, design-build projects, and whole-house remodeling, ensuring every detail is handled with care.

 

With BWD Construction as your general contractor, you’ll not only “keep the edge” with the latest trends and materials but also gain peace of mind knowing your project is in expert hands. Let us guide you through the exciting journey of selecting and installing the perfect countertops to elevate your home.

Contact Us Today

Ready to start your next project? Reach out to BWD Construction for all your residential construction and renovation needs. From kitchen remodeling to new home construction, we’re the trusted partner you can count on to bring your vision to life. Let’s build something extraordinary together!

Interior Design: Cabinet Design Must-Dos

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When it comes to creating the perfect kitchen, cabinet design plays a pivotal role. At BWD Construction, we’ve helped countless clients in Southwest Colorado design custom kitchens that are as functional as they are beautiful. Whether you’re planning a full remodel or designing your dream home from scratch, starting with the right questions is key to ensuring your kitchen cabinets meet your needs.

Step 1: How Do You Use Your Kitchen?

The first step in designing your cabinets is understanding how you use your kitchen. Do you love to cook elaborate meals? Is your kitchen the heart of your home for entertaining guests? Or are you looking for a practical, family-friendly space? These answers will shape every decision, from layout to finishes.

  • For the Aspiring Chef: If cooking is your passion, prioritize storage for larger appliances, pots, and pans. Consider deep drawers for easy access to heavy items and customized pull-outs for spices, oils, and baking sheets. Think about including a designated cabinet for a professional-grade mixer or food processor.

  • For the Host: If you love entertaining, your cabinets should support an open, inviting atmosphere. Include storage options for serving platters, glassware, and wine bottles. A spacious island with bar seating can double as a prep area and a gathering spot for guests.

  • For Families: For families with children, durable finishes and practical layouts are a must. Opt for cabinets with easy-to-clean surfaces and soft-close hinges to avoid accidental slams. Designate lower drawers for kids’ cups, plates, or snacks, so they can help themselves without climbing onto countertops.

Step 2: Stay On-Trend (But Be Timeless)

While it’s important to reflect your personal style, staying aware of current trends can ensure your kitchen feels modern and functional. Interestingly, we’re seeing a shift away from the open-concept kitchen in favor of more defined spaces. Kitchens are becoming a haven again, offering separation from the chaos of living spaces. This means built-in pantries, appliance garages, and storage-focused layouts are making a comeback.

 

Another growing trend is concealed or integrated appliances. Imagine a sleek, unified look where your refrigerator and dishwasher blend seamlessly into the cabinetry. Hidden coffee stations, tucked behind pocket doors, are a favorite for caffeine lovers who want to keep their countertops clutter-free.

Step 3: Consider Everyday Accessories

When planning your cabinets, think beyond the basics. Accessories can make your kitchen more functional and enjoyable to use. Here are some popular additions:

  • Pull-Out Trash and Recycling Bins: These keep your kitchen tidy and odor-free.
  • Drawer Organizers: Perfect for utensils, knives, and gadgets, ensuring everything has its place.
  • Roll-Out Shelves: Ideal for deep cabinets to avoid digging for items in the back.
  • Lighting: Under-cabinet lighting not only enhances the ambiance but also improves visibility for food prep.
  • Coffee Station: A dedicated cabinet for your coffee maker, mugs, and supplies can transform your morning routine.

Step 4: Coordinate With Your Home’s Style

Finally, your kitchen should feel like a natural extension of the rest of your home. If your style leans rustic, consider cabinets with natural wood finishes and textured details. For a modern aesthetic, opt for sleek, minimalist designs with clean lines and bold hardware. A cohesive color palette is essential—whether that means matching your cabinets to your existing trim or creating a bold contrast that ties into other design elements.

Final Thoughts

At BWD Construction, we believe your kitchen should be a reflection of your lifestyle. By asking the right questions, staying mindful of trends, and incorporating thoughtful accessories, you can create a space that’s both functional and stunning. Whether you’re a gourmet chef, a host with the most, or a busy parent juggling it all, we’re here to bring your vision to life. Let’s design a kitchen that keeps the edge—for you, your family, and the memories yet to be made.

Controlling the Budget Through Planning: Remodel Budgeting #2

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In our previous discussion on remodel budgeting, we explored the foundations of establishing a realistic budget, understanding priorities, and avoiding costly mid-project changes. Now, we’ll delve deeper into the design phase and discuss why knowing your style, selecting cohesive finishes, and practicing “design discipline” are crucial to controlling your budget while creating a space that reflects your vision.

Define Your Style and Stick to It

One of the most significant steps in remodeling is defining your style. Think of this as creating the blueprint for your aesthetic decisions. Whether your taste leans towards modern minimalism, rustic farmhouse, or industrial chic, having a clear understanding of what you love—and why—will save you from costly indecision and missteps.

 

Homeowners often fall into the trap of picking individual elements they adore without considering how they fit together. For example, a sleek chrome faucet might catch your eye at a showroom, but it could clash with the vintage bronze cabinet pulls you’ve already selected. These mismatched choices not only disrupt the design but can lead to expensive changes down the road.

 

Defining your style allows you to make confident decisions and avoid costly detours. Use tools like Pinterest or design mood boards to consolidate your ideas. However, as you gather inspiration, keep in mind that more isn’t always better.

Cohesive Finishes: Where Budget Meets Beauty

Cohesion is the secret to a polished, intentional design. It’s not about making everything match but ensuring that your materials, finishes, and colors complement one another. A cohesive design looks high-end, even on a modest budget.

For example, if you’re designing a modern kitchen, prioritize materials like quartz countertops, streamlined cabinet fronts, and minimalistic light fixtures. These elements work together seamlessly to create a unified look. Introducing an ornate, traditional chandelier into this space might feel disruptive and lead to regrets—or even a costly replacement.

 

Working with a designer or contractor can help ensure your finishes align. At BWD Construction, our design team collaborates with clients to refine their selections, providing expertise to balance aesthetics and practicality.

The Power of “Design Discipline”

“Design discipline” might sound like a buzzword, but it’s a practical approach to keeping your remodel on track. It involves thoughtful decision-making, knowing when to say no, and focusing on the bigger picture rather than getting sidetracked by unnecessary additions.

 

Start with your Pinterest board or inspiration folder. As exciting as it can be to save every idea, not all of them will align with your budget or style. Go through your collection and delete pins or images that don’t make sense for your vision. Ask yourself:

 

  • Does this fit my defined style?
  • Will this element enhance the overall look?
  • Is this a priority for the remodel, or is it just trendy?

By trimming the excess, you’ll gain clarity and avoid overwhelm during the decision-making process.

 

The Power of “Design Discipline”

Design discipline isn’t just about aesthetics; it’s a budget-friendly mindset. For example:

 

  • Shop smart: Look for materials or finishes that achieve the same look for less, such as luxury vinyl planks instead of hardwood. 
  • Know when to splurge: Invest in areas that add long-term value, like high-quality countertops, while saving on elements that can be updated later, such as light fixtures. 
  • Resist unnecessary upgrades: Once the plan is set, avoid “what if” scenarios like switching from one stone to another mid-project.

 

The End Result

By defining your style, selecting cohesive finishes, and practicing design discipline, you’ll not only create a space that feels harmonious but also one that respects your budget. Remodeling is an opportunity to bring your dream home to life, and with the right planning and mindset, you can achieve it without breaking the bank

At BWD Construction, we believe in guiding our clients through these decisions, ensuring that their remodel is as beautiful as it is practical. By keeping the edge on your design and budget, you’re setting the stage for a space you’ll love for years to come. Let us help you make your vision a reality—contact us today to start your journey.

Popular Custom Home Features and Trends in Southwest Colorado Mountains

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Nestled among the breathtaking peaks and serene landscapes of the Southwest Colorado mountains, custom homes offer more than just a place to live-they are a canvas for personal expression and a gateway to the region’s unique lifestyle. As a construction company specializing in custom homes, we at BWD Construction have seen an exciting evolution in the design elements and features that homeowners prioritize. Whether you’re building a retreat in Pagosa Springs, a mountain getaway near Durango, or a year-round residence in La Plata County, the trends we’re seeing reflect the beauty, practicality, and sustainability demanded by this stunning environment. 

 

Actual Snow Activities for Winter Enthusiasts

With the majestic mountains serving as both inspiration and challenge, energy efficiency is a leading priority for many of our clients. Modern custom homes in Southwest Colorado are being designed to harmonize with their surroundings while minimizing environmental impact.

 

Key features include advanced insulation systems, triple-pane windows, and geothermal heating and cooling. Solar panels are increasingly popular, taking advantage of the ample Colorado sunshine to offset energy costs. Many homes are incorporating energy storage systems, ensuring that even in remote areas, power remains reliable and sustainable.

 

Additionally, high-performance materials and energy-efficient appliances contribute to both comfort and utility savings. Tankless water heaters, low-flow fixtures, and radiant floor heating systems are frequently requested for their ability to provide luxurious comfort without waste. 

 

Open Layouts with a Focus on Views  

Southwest Colorado’s natural beauty is unparalleled, and homeowners are keen to bring the outdoors in. Open layouts remain a dominant trend, with expansive great rooms that flow seamlessly into gourmet kitchens and dining areas. Floor-to-ceiling windows or glass walls are a must, framing mountain vistas like works of art. 

 

Vaulted ceilings with exposed timber beams add a rustic elegance that complements the landscape. Many homes also feature mezzanines or loft spaces that provide additional areas while maintaining the openness of the design.

 

 

Outdoor Living Spaces: Extending the Home into Nature

With the Rockies as your backyard, outdoor spaces become as important as the interiors. Custom decks, patios, and outdoor kitchens are among the most sought-after features. Many homeowners opt for fire pits or outdoor fireplaces, perfect for enjoying cool mountain evenings under the stars.

Another growing trend is the inclusion of covered spaces with built-in heaters or retractable screens, allowing outdoor enjoyment year-round. Hot tubs and plunge pools, often surrounded by natural stone and landscaping, add a touch of luxury while blending seamlessly with the environment.

Natural Materials and Rustic Modern Aesthetics

The rustic modern stye is redefining mountain living. It combines traditional materials like reclaimed wood, stone, and iron with clean, modern lines and minimalist aesthetics. This design approach creates a timeless appeal, balancing warmth and sophistication.

 

Interior finishes frequently include textured walls, hardwood floors, and custom stone fireplaces. Kitchens are designed with function and form in mind, featuring custom cabinetry, high-end appliances, and natural stone countertops. Bathrooms often include spa-like touches, such as rain showers, freestanding tubs, and custom vanities.

Functional Spaces for Active Lifestyles

Living in the mountains often means embracing an active, outdoor lifestyle, and custom homes are being tailored to meet these needs. Mudrooms with ample storage for gear, including skis, snowshoes, and hiking equipment, are a must. Some homes feature dedicated ski-tuning or bike-maintenance areas, perfect for adventure enthusiasts.

 

Visit our website today to learn more about building your custom home in Pagosa Springs. Let’s turn your mountain dreams into your everyday reality.

 

Garages are also evolving, with space for multiple vehicles, including ATVs, snowmobiles, or boats. Many homeowners request heated floors in garages or workshops for added comfort during winter months.

 

Smart Home Integration

Technology is seamlessly blending into the fabric of custom home design. Homeowners in Southwest Colorado are embracing smart systems that allow them to control lighting, security, climate, and even irrigation remotely. Voice-activated systems and apps ensure that managing a mountain home, whether on-site or from afar, is as effortless as possible. 

 

Personalized Spaces: Home Offices, Wellness Rooms, and More

With more people working remotely, dedicated home offices are a popular request. These spaces often include custom-built shelving, soundproofing, and oversized windows for natural light.

 

Wellness spaces are also on the rise, including yoga studios, meditation rooms, or private gyms. These additions reflect a growing desire to make homes a sanctuary for mind and body.

 

A Home That Matches the Land

At BWD Construction, we believe that every custom home should be as unique as the family that inhabits it. In Southwest Colorado, that means embracing the rugged beauty of the land while incorporating the modern conveniences and timeless designs that elevate mountain living.

 

Whether you’re dreaming of a sustainable retreat, a family home, or a vacation getaway, our team is here to bring your vision to life. Let’s design a home that not only reflects your lifestyle but also honors the incredible place you’ve chosen to call home.

For more information or to discuss your custom home project, fell free to contact BWD Construction. Together, we’ll make your dream home a reality.

Why It’s Time to Sell Your House in Texas and Build a Home in the Mountains of Colorado

by BlogsUncategorized

Have you ever found yourself daydreaming about trading the relentless buzz of city life for the tranquility of the mountains? If you live in Texas, with its scorching summers, crowded urban sprawl, and ever-increasing property taxes, that dream might be closer to reality than you think. Let us introduce you to a slice of heaven: Pagosa Springs, Colorado. Nestled in Southwest Colorado, this small mountain town is the perfect escape—and the perfect place to build your dream home.

 

Here’s why it might be time to sell your house in Texas and start fresh in the Rockies.

 

Escape the Heat, Embrace the Outdoors

One of the most enticing reasons to leave Texas behind is the climate. Texas summers are notorious for their oppressive heat, making outdoor activities unbearable for months at a time. Pagosa Springs, on the other hand, offers a mild and refreshing summer climate. Imagine stepping outside in July and feeling a cool mountain breeze instead of a wave of suffocating heat.

Pagosa’s summers invite an active, outdoor lifestyle. You’ll find endless opportunities for mountain biking, hiking, rock climbing, kayaking, and paddleboarding  or wake boarding on nearby Navajo Lake. For golfers, the area boasts pristine courses with breathtaking views. And when winter arrives, Pagosa transforms into a snowy playground with skiing, snowboarding, snowmobiling, and even hot springs to relax in after a day in the powder.

 

Actual Snow Activities for Winter Enthusiasts

 

Speaking of snow, winters in Texas are often an afterthought—short, sporadic, and occasionally inconvenient. And to top it all off the cold is a bone chilling, moist, horrid monster. But in Pagosa Springs, winter is an adventure. With Wolf Creek Ski Area just a short drive away, boasting some of the best snow in Colorado, winter becomes something to look forward to. From snowshoeing in the San Juan National Forest to sledding with the kids or ice fishing on frozen lakes, you’ll discover a season full of possibilities.

 

Pagosa Springs offers a refreshing contrast. While the town is small, it punches above its weight with an impressive selection of local restaurants, breweries, and shops. You can enjoy gourmet meals without fighting for reservations or navigating packed parking lots. And the cost of living here? Surprisingly comparable to major Texas cities when you factor in the lower property taxes and overall quality of life.

 

Your Gateway to Adventure and Natural Beauty

Pagosa Springs isn’t just a town; it’s a gateway to some of the most breathtaking landscapes and outdoor adventures in the country. Within an hour’s drive, you can explore the Great Sand Dunes National Park, the San Juan National Forest, and countless rivers, trails, and peaks.

 

Fancy a quiet day? Take your boat out on Navajo Lake, just 30 minutes away, or soak in the town’s world-famous hot springs. For adrenaline junkies, there’s rafting down the San Juan River or hitting the trails on a side-by-side ATV. Whether you’re after serenity or excitement, Pagosa Springs offers it all.

 

A Healthier, Happier Lifestyle

The mountains don’t just offer beautiful views; they also inspire a healthier way of life. The clean air, active community, and abundant outdoor activities naturally encourage you to spend more time moving and less time sitting. In Pagosa Springs, it’s easy to fill your days with hiking, skiing, biking, and exploring—activities that are not only enjoyable but also great for your health.

 

Plus, the small-town vibe means you’ll get to know your neighbors, shop local, and feel a sense of community that’s often lost in big cities. And when you need to travel, Durango-La Plata County Airport is just an hour away, connecting you to the world while keeping you blissfully removed from its chaos.

 

Build the Home You’ve Always Wanted

If you’re ready to leave Texas behind, why settle for an existing house? Building your dream home in Pagosa Springs allows you to design a space that perfectly fits your vision. At BWD Construction, we specialize in custom homes that blend seamlessly with the surrounding beauty of Southwest Colorado. From cozy cabins to expansive mountain retreats, we’ll help you create a home that embodies the lifestyle you’ve been craving.

Make the Move

Pagosa Springs isn’t just a place to live—it’s a place to thrive. Whether you’re drawn by the promise of adventure, the allure of a tight-knit community, or simply the desire to escape the grind of city life, the mountains are calling. And at BWD Construction, we’re here to make your dream a reality.

 

Visit our website today to learn more about building your custom home in Pagosa Springs. Let’s turn your mountain dreams into your everyday reality.

What to Expect During the Custom Home Design Process

by BlogsUncategorized

Designing and building a custom home is a transformative experience. It’s not just about framing a well-built house; it’s about creating a home uniquely tailored to your lifestyle, tastes, and dreams. At BWD Construction in Southwest Colorado, we understand the importance of this journey. That’s why we’ve developed a transparent, collaborative process that ensures every step is clear, enjoyable, and aligned with your goals.

 

Here’s a comprehensive look at our custom home design process, including how we use cutting-edge tools like BuilderTrend software to keep everything on track and ensure your vision becomes a reality.

Step 1: Aligning Your Vision with Your Budget

Every successful custom home project begins with a clear understanding of your vision and your financial parameters. After engaging BWD Construction, the first step is to select an architectural partner who aligns with your goals. We work with skilled architects who specialize in creating designs that reflect your lifestyle, aesthetic preferences, and functional needs.

 

At this stage, we focus on conceptualizing the structure within your desired budget. This process involves exploring layout options, materials, and construction methods that balance your design aspirations with financial feasibility.

 

It’s not uncommon for people to have what we like to call “champagne taste on a beer budget.” Many dream homes start with big ideas, but we specialize in refining those ideas to ensure they are practical without compromising on the essence of what you want. Through collaboration, we find creative ways to align your dreams with a realistic budget, laying the foundation for a successful project.

 

 

Step 2: Detailed Budget and Signing the Contract

 

Once the design phase is complete and you’ve identified your non-negotiables—the elements you absolutely want included in your home—we move on to creating a detailed, itemized budget. This is one of the most important steps in the process, as it ensures transparency and clarity about costs.

The budget includes everything:

 

  • Structural components including permits
  • Interior and exterior finishes
  • Mechanical systems
  • Appliances
  • Landscaping, if desired

 

This level of detail ensures there are minimal surprises later (Construction always holds a surprise unfortunately). We’ll review the budget with you in depth, answering any questions and making adjustments as needed to ensure it aligns with your priorities.

Once you’re completely satisfied, we’ll proceed to signing the construction contract. At this point, the vision is set, and we’re ready to move forward with confidence, knowing everyone is on the same page.

 

 

Step 3: The Fun Begins—Designing Your Dream Home

 

With the contract signed and the budget locked in, we dive into the most enjoyable part of the process: designing the interiors of your home.

 

We schedule two to three in-person meetings with our design team at our showroom in Pagosa Springs, CO. These meetings are hands-on sessions where you’ll have the opportunity to select finishes that match your style and vision. Our team will have pre-curated options based on your preferences, making the process efficient and exciting.

We strongly recommend creating a Pinterest dream board or similar visual guide before these meetings. These boards help us understand your style better, whether it’s rustic, modern, traditional, or a unique blend. From cabinetry and flooring to fixtures and paint colors, every choice is carefully considered to ensure your home feels like an extension of you.

 

Once selections are made, our team gets to work sourcing the materials, verifying availability, and compiling a comprehensive cost breakdown. This ensures we’re staying aligned with your budget while meeting your aesthetic goals.

 

Step 4: BuilderTrend—Your Digital Dashboard

 

As selections are finalized, we upload all details into BuilderTrend, a powerful project management platform that keeps you informed and engaged throughout the build.

In the Selections tab, you’ll find every choice we’ve discussed, including:

 

  • Paint colors
  • Exterior materials
  • Cabinetry styles
  • Flooring materials
  • Appliance models
  • Lighting fixtures
  • Plumbing Fixtures
  • Countertops and backsplashes

 

BuilderTrend allows you to review each selection, approve it, request changes, or explore alternative options. One of the most valuable features of BuilderTrend is live budget tracking. As you make decisions, you’ll see how each choice impacts the overall budget in real time. This level of transparency ensures there are no financial surprises and empowers you to make informed decisions.

 

BuilderTrend also serves as a central communication hub. You can view timelines, track progress, and communicate with our team directly through the platform, making it easier than ever to stay involved, even if you’re managing the project from a distance.

 

Step 5: Watching Your Home Come to Life

 

As construction progresses, we recommend visiting the site at key stages, especially when finishes are ready to be installed. Seeing your selected materials in their actual environment often provides a fresh perspective, as lighting, spatial context, and surroundings can make them look different from samples or showroom displays.

We encourage you to take advantage of these site visits to confirm you’re happy with how things are coming together. If adjustments are needed, this is the perfect time to make them before final installations are complete.

 

Our Commitment to Your Vision

 

At BWD Construction, we understand that building a custom home is one of the most significant investments you’ll ever make. It’s not just about constructing a building; it’s about creating a space where memories will be made, milestones celebrated, and everyday life enjoyed.

That’s why we’re committed to making the process as smooth, transparent, and enjoyable as possible. With tools like BuilderTrend, a personalized design experience, and a dedicated team, we ensure your journey is collaborative and stress-free. From aligning your budget with your dream to handing you the keys to your completed home, BWD Construction is here to guide you every step of the way. If you’re ready to start the journey of creating your custom home in Southwest Colorado, we’d love to partner with you to bring your vision to life.

 

Let’s build something extraordinary together.

Budgeting for a Large Remodel: What to Expect and How to Stay on Track

by BlogsUncategorized

When embarking on a large remodeling project in Southwest Colorado, budgeting can feel like an overwhelming task. At BWD Construction, we’ve seen firsthand how a thoughtful budget can make the difference between a dream project that stays on track and one that spirals out of control. A remodel is an exciting opportunity to transform your home, but without careful planning, it can also become a source of frustration. Here’s how to establish a realistic budget, anticipate common expenses, and prevent budget overruns so you can enjoy the process from start to finish.

Start with a Realistic Budget

 The foundation of a successful remodel is a realistic budget. Begin by understanding the scope of your project and the costs involved. Work closely with your contractor to get detailed estimates for labor, materials, permits, and any additional costs specific to your area, such as hauling debris or adapting to unique architectural requirements.

 

Be prepared to include a contingency fund, typically around 10-15% of your total budget. Unexpected expenses can arise, from uncovering outdated wiring to addressing hidden water damage, and having a financial cushion ensures you’re ready for surprises without derailing your progress.


Know Your Non-Negotiables

Before the first hammer swings, sit down and clarify your priorities. What aspects of your remodel are must-haves, and where can you compromise if necessary? For instance, if you’re remodeling your kitchen, your non-negotiables might include high-end appliances or custom cabinetry, while you’re willing to opt for budget-friendly lighting fixtures.

 

Defining these priorities from the outset not only ensures your investment reflects what’s most important to you but also helps your contractor allocate resources effectively. When unexpected costs arise, as they often do, knowing your non-negotiables will help you make decisions that align with your vision.


Avoid the Budget-Killer: Changes 

One of the most significant threats to staying on budget is making changes once the project is underway. Altering layouts, upgrading materials, or adding features mid-project can lead to costly delays and increased expenses.


The key to avoiding this is thorough planning before construction begins. Collaborate with your contractor and designer to finalize every detail, from the type of flooring to the color of your fixtures. It’s also helpful to use visualization tools or mock-ups to ensure you’re confident in your choices. Once the plan is set, stick to it as closely as possible to avoid unnecessary headaches and financial strain.


Be Realistic About Your Timeline 

A realistic timeline is just as important as a realistic budget. Remodeling projects often take longer than homeowners anticipate due to unforeseen challenges, material lead times, or weather-related delays. Work with your contractor to establish a timeline that accounts for these factors.


Remember, rushing a project to meet an unrealistic deadline can result in costly mistakes. While it’s natural to want the work completed as quickly as possible, allowing enough time for careful craftsmanship and problem-solving is essential for achieving the quality you expect.


Choose the Right Contractor 

Selecting the right contractor is one of the most critical decisions you’ll make. It’s tempting to go with the lowest bid to save money, but this can backfire. Low bids often come with hidden costs in the form of change orders, as some contractors might quote a low initial price to secure the job and then add unexpected charges later.


Instead, prioritize contractors with a proven track record of transparency, quality work, and clear communication. Look for reviews, ask for references, and have open conversations about their processes. At BWD Construction, we believe in building trust through clear, upfront pricing and honest discussions about what your budget can achieve. A good rule of thumb in any selection is you will have 3 choices that you have to select 2 from. Cheap, Quality (good), Fast. You can have it cheap and fast but won’t be quality. You can have quality and fast but won’t be cheap.

Keeping Your Remodel on Track

Staying on budget requires consistent monitoring and communication throughout the project. Regularly review expenses with your contractor and address any discrepancies immediately. Establish a system for approvals to ensure that every decision aligns with your budget. At BWD Construction utilizes BuilderTrend Software that allows you as the client to have access to schedule, daily logs from the team, as well as setting up weekly meetings with your Project Manager to review expenses and progress. Address any discrepancies or concerns immediately.

 

 

Finally, lean on your contractor for guidance. A good contractor will help you navigate tough decisions, keep the project organized, and ensure you’re informed every step of the way.

Conclusion

Remodeling your home is a big investment, but with proper budgeting, clear priorities, and the right team, it can also be a rewarding one. By understanding common expenses, sticking to your plan, and avoiding budget pitfalls, you can achieve a remodel that not only meets but exceeds your expectations.


At BWD Construction, we’re here to help Southwest Colorado homeowners navigate the remodeling process with confidence. Whether it’s building your budget, refining your vision, or delivering top-quality results, we’re committed to helping you keep the edge on your remodel. Let’s make your dream home a reality!

How to Plan Your Custom Home Build: Key Steps and Timelines

by BlogsUncategorized

Planning a custom home build is a journey of creativity, decision-making, and logistics. Especially in mountainous regions with seasonal challenges, like an average of 420 inches of snow per year, the planning process can become even more complex. With realistic timelines and clear goals, your dream home can go from a vision to a reality. Here’s a guide on the key milestones and timeline expectations when building a custom home in mountain settings.


 1. Initial Consultation and Visioning (3-5 Weeks)

The process begins with an initial consultation where you’ll share your vision, must-haves (non-negotiables), and goals for your home. This step includes discussing lifestyle needs, style preferences, budget, and any environmental considerations (e.g., views, solar exposure). Your builder can also help you understand the additional planning considerations for mountain climates, especially in snow-heavy areas. If you do not have a lot picked out add a few more weeks on. BWD Construction can assist in acquiring a lot as well!


 2. Design Phase (3-6 Months)

Once you’ve settled on a builder, the design phase begins. This typically takes about 3-6 months and includes:


·      Finding the right designer. Sometimes it’s an architect sometimes it’s a drafts person. We will do a follow up blog on this portion.

·      Concept Development: Working with architects and designers to create initial layouts.

·      Revisions and Finalization: Making adjustments to the layout and design based on your feedback.

·      Placing the home on the lot and thinking through sun exposer, snow fall, and other items.

·      Permit Preparation: Compiling all necessary documents and applications for permitting.


Due to the complexity of building in mountain settings, more detailed planning is often needed to account for factors like steep slopes, snow management, and erosion control. Extra planning for these elements at the design stage can save both time and costs later.

 

 3. Financing (1-3 Months)

Once your design is complete, the next step is securing financing (See blog #2 on this topic). If you’re working with a local lender or one of our partner banks, this process can be more efficient. Expect around 1-3 months to finalize your loan, covering costs from land purchase (if not already owned) to the final build. For a custom home, we recommend working with lenders who are familiar with the complexities of construction financing.


 4. Permitting and Site Preparation (1-3 Months)

Permitting and site preparation are vital steps that generally take 1-3 months. Mountain builds often require additional permits related to water management, environmental impacts, septic engineering, and hillside stabilization. During this time, the land is cleared, excavated, and prepped for construction.


Pro Tip: Snow can slow down both permitting and preparation processes. Try to schedule this phase before peak winter months, as frozen ground or heavy snow can delay site work. Our ideal planning start is in the fall the prior year to start.

 

 5. Construction (8-20 Months, Based on Size)

Here’s where the vision comes to life, but also where patience becomes crucial, as weather conditions can impact the pace. A typical timeline for a mountain custom home build is:


·      Smaller Homes (Under 2,500 sq. ft.): Approximately 12 months.

·      Larger Homes (2,500+ sq. ft.): Up to 20 months (generally the larger homes are nicer finishes which take longer to complete).


In mountain regions, certain stages (like framing and roofing) might be scheduled around favorable weather windows. Delays are more common due to high snow levels or icy conditions, so having a builder experienced with mountain climates is essential to ensure progress continues despite weather.


 6. Finishing Touches (1-2 Months)

With the main construction complete, the final steps include installing finishes, fixtures, and landscaping. You’ll walk through the house, identifying any final tweaks or adjustments. Due to potential delays earlier in the build, it’s best to allow at least a month for this stage.


 7. Final Inspections and Move-In (1 Month)

After finishing touches are in place, your builder will conduct a thorough inspection and final walkthrough. Any outstanding items are addressed, permits are closed out, and you’ll receive the green light to move in. Plan for this final phase to take about a month.


Mountain Home Building Timeline Summary

A custom home build in mountainous areas typically spans:

·      12 months for smaller homes (under 2,500 sq. ft.)

·      Up to 20 months for larger homes (2,500+ sq. ft.)


 Key Tips for Success

·      Plan for Weather: Building in snow-heavy regions means accounting for winter months when work may slow down.

·      Prioritize Design and Financing Efficiency: The more organized and efficient these early steps are, the more smoothly the construction will progress. Ideal planning in fall.

·      Partner with an Experienced Builder: With unique challenges in mountainous terrains, a builder familiar with these conditions is invaluable. BWD Construction in SW Colorado!!


 

Building a custom home in the mountains is an exciting adventure that can come with a few extra hurdles. With careful planning, realistic timelines, and the right team (BWD Construction!), you can create a home that stands beautifully against the challenges and beauty of nature.

How Do I Get a Construction Loan? Part 1

by BlogsUncategorized

At BWD Construction, we understand that building your custom home is a major milestone, and navigating the financing process can feel overwhelming. Fortunately, we’re here to help guide you through every step, from finding the right loan to securing funding, so you can focus on bringing your dream home to life.

Whether you choose to work with one of our trusted partner banks (which we highly recommend for a faster, smoother process) or with a bank or credit union of your choice, here’s a breakdown of the construction financing process for residential properties in Colorado.

 

  1. Understanding Residential Construction Loans

Unlike traditional mortgages, construction loans are designed specifically to fund the building of a new home. These loans are short-term and disbursed in stages, or “draws,” as the construction progresses. Once your custom home is complete, the loan typically converts to a permanent mortgage or is paid off or you can seek a refinance with a long-term lender.

The construction financing process can be complex, but working with us and our close partner banks simplifies things. We can streamline communication and ensure the lender understands the intricacies of your project. Our strong relationships with these banks often lead to faster approvals and easier management of your loan.

 

Generally, you are only paying interest payments during the construction phase which makes it easier to keep paying your current living expenses and build a home.

 

  1. Steps to Secure Financing for Your Custom Home

Here’s what you can expect as you move through the financing process:

 

A. Prequalify for a Loan

Prequalification gives you an estimate of how much you can borrow, based on your income, credit score, and financial health. This step is crucial in determining your budget and helping you plan accordingly. If you work with one of our partner banks, this part of the process is usually faster.

 

B. Develop a Detailed Home Construction Plan

Lenders want to see that your project is well-organized and feasible. You’ll need to present:

  • Blueprints and architectural designs of your custom home (which we assist with)
  • A detailed budget outlining estimated costs for materials, labor, permits, and more.
  • A clear timeline that highlights key construction milestones. (This step is due to these type of loans generally have a 12 month life.)
  • Information about your builder (BWD Construction!), including our credentials and past project experience, to show the lender you’re working with a reputable and experienced team.

This detailed plan reassures the bank that your custom home will be completed successfully and within budget.

 

C. Apply for the Construction Loan

Once your plan is ready, you’ll apply for a loan. The application will involve submitting financial documents such as income statements, tax returns, and credit reports. Lenders generally require:

 

  • A down payment, which typically ranges from 20-30% of the total loan amount.
  • A loan-to-value (LTV) ratio calculation, which compares the loan amount to the expected value of your completed custom home.

If you’ve purchased land with cash, you can use this as collateral to reduce the amount of cash needed for the down payment.

 

D. Secure Builder’s Risk Insurance

Construction lenders require builder’s risk insurance to protect against potential issues such as damage to materials or delays in construction. This policy ensures that the project will continue without setbacks, protecting both you and the lender.

 

  1. Using Cash-Purchased Land as Collateral

One of the advantages of working with us at BWD Construction is that we can help you leverage any land you’ve purchased with cash as collateral to secure financing. Here’s how it works:

 

  • Leverage Your Equity: If you’ve paid cash for the land where your custom home will be built, you have 100% equity in that property. This equity can be used as collateral, lowering the amount of cash you’ll need upfront for the loan.
  • Improve Loan Terms: Using land as collateral can help you secure a larger loan or better interest rates because it reduces the lender’s risk.
  • Simplify the Process: We’ll work with your lender to ensure that the equity from your land purchase is factored into the loan application. This can make the overall financing process easier and faster, especially if you use one of our partner banks, which already understands our process.

  1. What’s Required at Closing?

When you’re ready to close on your construction loan, it’s important to know what cash position you’ll need. Here’s what to expect:

 

  • Down Payment: The typical down payment for construction loans ranges from 20-30%, depending on your financial situation and the lender’s requirements. If you’ve used cash to purchase land, some of that equity can be applied to this requirement.
  • Closing Costs: These cover loan origination fees, title insurance, and other administrative expenses. Closing costs for construction loans usually fall between 2-5% of the total loan amount.
  • Contingency Funds: Lenders often require a contingency reserve, usually around 5-10% of the loan, to cover any unexpected expenses during construction. This ensures the project can continue without financial delays if unforeseen costs arise.

  1. Why Choose BWD Construction’s Partner Banks?

We’ve developed strong relationships with several banks that specialize in custom home construction financing. By working with one of our partner banks, you benefit from:

  • Faster approval times, since the lender is familiar with our building process and has experience with similar projects.
  • Streamlined communication between BWD Construction and the lender, ensuring that everyone is on the same page and minimizing delays.
  • Expert guidance from both the bank and our team, ensuring that you get the best financing options available.

However, we’re flexible! If you have a preferred bank or credit union, we’re happy to work with them as well to ensure you get the financing you need.

 

  1. Conclusion

Financing a custom home in Colorado may seem complex, but with the right plan and team in place, it’s a manageable process. At BWD Construction, we’re committed to helping you from start to finish—whether that’s securing a loan, managing your project, or working closely with your lender to ensure a smooth process.

 

If you’re ready to build your dream home, contact us today! Let’s explore financing options and get started on turning your vision into reality.

 

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BWD Construction is your trusted partner in custom home building, offering expert guidance on construction financing and collaborating with leading banks to make your dream home a reality.