Cost-Plus vs. Fixed-Price Construction Contracts for a Custom Home
Cost-plus, fixed price, or a guaranteed maximum price: who carries the risk under each, how the final number moves, and the clauses to read before you sign.
A working library for anyone planning a custom home in Nashville — what it costs, how the process actually runs, how to read a lot before you buy it, and what each neighborhood asks of a build. Written from May’s own projects and process, and organized so you can start where your question starts. When you’re past the reading stage, tell us about your lot or book a consultation.
Cost-plus, fixed price, or a guaranteed maximum price: who carries the risk under each, how the final number moves, and the clauses to read before you sign.
How a construction loan works in Tennessee: one-time vs two-time close, what lenders review, how draws and interest work, and using your land as equity.
Custom builds in the Nashville areas May serves typically run $1.2M to $6M. What actually sets the number, and how the budget locks before we build.
The questions to ask a Nashville custom home builder at every stage, how to verify a Tennessee license and insurance, the red flags to watch for, and a scorecard to bring to each interview.
A custom home in Nashville often needs more than one permit, and the real timeline starts months before approval. Here is how the process actually works, from the builder's side of the table.
One starts from a plan library. The other starts from your lot and your Tuesday morning. What actually changes when you build custom with May.
A custom build runs on gates, not guesses. The seven checkpoints every May home moves through in Nashville, and what actually sets the pace.
The order that keeps you out of trouble: financing, the right area, a lot with a due diligence contingency, the checks before closing, and what happens before you break ground.
Setbacks, utilities, grade, trees, what we check before we draw anything on a Nashville lot, and how to know what your land really allows.
Golf-community estate lots or a walkable historic downtown? What Brentwood and Franklin each ask of a custom build, from a builder working in both.
Estate lots, wooded acreage, teardown-rebuilds. What to know before building in Belle Meade, Forest Hills, or Green Hills, from the site walk up.
May founder Patrizio Murdocca explains how demolition, old utilities and the shape of a lot affect the budget for a new home in Nashville.
Eight homes, three floor plans and 23 lumber deliveries. Inside the site logistics and construction coordination behind The Whitmore in North Nashville.
At Westboro, a shared driveway and an existing front house shaped the plan. Patrizio Murdocca explains how May designed the rear home around a private backyard.