Once both parties have decided we are a good fit for each other, we review and sign off on our design and booking package. A design and booking payment is then taken. This payment provides funding to design and draft the construction drawings for your new space. It also provides funding to develop your building’s specifications, selections and budget creation which are all a part of this phase. The payment amount is determined by the estimated cost of the drafting fee and the estimated internal, trade and supplier time associated with the development of your specifications, selections and pricing. Our residential base fee starts at $5,000 plus GST and is then adjusted based on anticipated drafting and engineering costs. Most of our clients end up in the $7,500 - $10,000 range at this stage. Our commercial base fee starts at $15,000 - $30,000 but is highly dependent on the project scope and if engineering is required at the inital stages. This payment is non-refundable but will be applied to the purchase price if contract conditions are removed within one year of the date we receive your payment.
In our experience, this is the most critical phase of the building process. All too often we hear stories of people starting construction with a builder at a great price but by the time everything is finished, the final price is out of control. This is often due to the clients receiving just a quick preliminary estimate of costs and allowances without accounting for the exact products, materials and level of detail they want to see in their home or facility. We first develop the concept design with a client, and then they work with our designer to pick out everything from the cabinets to lighting. That ensures that the budget we provide is an accurate reflection of what you truly want. If at this point we find that certain products, selections or the overall design needs to be changed to make the budget work, we have plenty of time to do just that. It is not uncommon for us to have to go back through selections to reduce the projected cost, which is why we have chosen to invest the extra time upfront with our clients. With a more traditional building process, your home or commercial space would already be under construction when you find out that changes need to be made, and by then your options are very limited.
At the end of our design and booking process, our client has a design, budget and a contract they can take to their bank, broker, board of directors or investors to receive financing approvals.