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How To Plan Custom Home and Cut The Cost

Last spring I participated in an "Ask the Experts" panel in Sarasota, Fla. Afterwards, a woman in the audience asked me to review her plans for a new beach house overlooking the Gulf of Mexico.

Designed by her builder/architect, the house was $400,000 over budget, and she wanted some suggestions for where to cut back.

As we started talking, I quickly realized that her apprehension was not just about the budget. As she described her lifestyle and her family, it was clear that much of the house in its current iteration did not make sense for her household.

Though our discussion was directed towards a specific design in Florida, we touched on many issues that confront a family planning a new house.

For exampl...
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