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Best Home Builders in Indianapolis, IN

Sept. 18, 2019, 6:10 p.m.

Building a new, custom home is one of the biggest investments you’ll make. When creating the home of your dreams, it’s crucial to choose a reputable home developer with the right experience, resources and communication skills. Our partners at ConsumerAffairs researched the best home builders in Indianapolis to help you make the right choice.

Everyone deserves to make thoughtful, informed purchase decisions. The local guides provided on this website are free for consumers. RTV6 may receive compensation from our partners. Learn more.

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#1
#1 MOST POPULAR
LGI Homes

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#1 Most popular
LGI Homes
LGI Homes
Features
  • Committed to solid building practices
  • No money down purchase options
  • 10 year structural warranty
  • Prioritizes superior service, quality and value
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#2
Clayton
Clayton
Features
  • LEED certified
  • Committed to green building practices
  • Tiny home builder
  • Homes are built to federal HUD Code building requirements
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#3
Hamilton Homes
Hamilton Homes
Features
  • Custom home construction, renovations & remodels
  • Free 40 hours with a professional interior designer
  • Fixed-fee pricing model
  • Commercial construction expertise
Location
8501 Bash St., Ste. 1100
Indianapolis, IN 46250
(317) 570-1331
#4
Boaz Construction
Boaz Construction
Features
  • Full-service residential & commercial construction & remodeling
  • Energy-efficient home construction & green building
  • Historic-building conservation experience
  • Custom cabinetry by Boaz Millworks
Location
4201 Millersville Rd., Ste. 200
Indianapolis, IN 46205
(317) 790-7333
#5
Drees Home
Drees Home
Features
  • One-stop shop Design Center
  • Free site analysis for clients building on their own lot
  • Firm contract pricing & financing available
  • 10-year transferable structural warranty
Location
900 E. 96th St., Ste. 100
Indianapolis, IN 46240
(317) 347-7300
Taylor Homes
Taylor Homes
Features
  • M: 12pm - 6pm
  • Closed Tue and Wed
  • Th-Sat: 12pm - 6pm
  • Sun: 1pm - 5pm
  • taylorhomes.com/indiana-home-builders
Location
3750 Cold Spring Rd.
Indianapolis, IN 46222
(317) 328-1354
Westport Homes
Westport Homes
Features
  • M-F: 8am - 5pm
  • Closed Sat and Sun
  • westport-home.com
Location
9210 N. Meridian St.
Indianapolis, IN 46260
(317) 844-0433
Gradison Design•Build
Gradison Design•Build
Features
  • M-F: 8am - 5pm
  • Closed Sat and Sun
  • gradisonbuilding.com
Location
6330 E. 75th St., Ste. 156
Indianapolis, IN 46250
(317) 594-7575 ext. 224
Davis Homes
Davis Homes
Features
  • M-F: 8am - 5pm
  • Closed Sat and Sun
  • davishomes.com
Location
3950 Priority Way S. Dr., Ste. 210
Indianapolis, IN 46240
(317) 663-8340

How to choose a home builder in Indianapolis

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When you’re in the market to build a new home, choosing the right home builder is just as important as choosing the floor plan or design. Considering the construction of a custom home can take anywhere from three to 12 months, the relationship between you and your home builder needs to be based on trust and clear communication.

So how do you find the right home developer in Indianapolis? Start by deciding what you want out of your new home. What style of home design do you prefer? What features do you need? What features do you want? What amenities can you do without? How do you value things such as:

  • Energy-efficiency?
  • Natural gas vs. electric?
  • Warranties?

Once you have a vision in mind, try reading online reviews to gauge home builders’ reputations, responsiveness and reliability. Also, speak with family, friends and colleagues that have recently completed custom homes. Ask them:

  • What custom home builder did you hire?
  • Are you happy with your new home?
  • Did you encounter any challenges during construction?
  • Did the builder fix problems promptly and to your satisfaction?
  • Would you work with your builder again?

Use their experience to help guide your search. If you don’t know anyone that’s had a custom home built in Indianapolis, other reliable sources for home builder referrals include:

  • Local realtors
  • Local lenders
  • Local design professionals
  • The Indiana Builders Association
  • The Builders Association of Greater Indianapolis
  • Homeowners in recently-built subdivisions

Questions to ask a home builder

Once you have a list of potential home builders, it’s time to start scheduling consultations and meeting with them. You should feel comfortable asking any questions relevant to the construction of the home, the overall buying process or life in the community.

Get as many specifics as possible. The developer’s responses will tell you a lot about their qualifications and commitment to customer service. Plus, the more information you gather in the beginning, the fewer surprises you’ll encounter later.

These 15 questions are a great starting point to finding the right Indianapolis home builder for you:

  • How many years have you been in business?
  • How many homes have you built in Indianapolis?
  • How are you different from other home builders?
  • Can you provide references from recent home buyers?
  • Do you build from a book of existing plans or can I provide my own?
  • What standard features are included and how much customization can you do?
  • What energy-saving features do you include in your homes?
  • What inspections will take place throughout and after the construction process?
  • Is landscaping included in your pricing?
  • Will there be a homeowners association or any additional rules and fees for this neighborhood?
  • What kind of warranties do you offer?
  • Do you have an established financing plan or preferred lender?
  • What are the estimated property taxes?
  • Are there any other major developments planned for this area?
  • Who will oversee the construction of my home and who will be my point-of-contact person for questions?

How much does it cost to build a home in Indianapolis?

When you take the low property taxes and other monthly homeownership costs into consideration, building a custom home in Indianapolis may be more affordable than you think. Even for someone with a modest income, Indy is the cheapest place to own a home among the nation’s 15 largest cities.

Here are some of the top locations for new home communities in the Indianapolis area:

  • Westfield
  • Fishers
  • Noblesville
  • Carmel
  • Greenwood
  • Brownsburg
  • Avon
  • Zionsville
  • Greenfield
  • Plainfield
  • Bargersville

Custom homes in Indianapolis usually start in the upper $100,000s, with custom home building costing $86 to $128 per square foot, not including the land.

Of course, many factors affect the price of your new home, including the:

  • Price of the lot
  • Cost to prepare the land
  • Square footage
  • Amount of customization
  • Quality of materials
  • Brand of appliances

In Indianapolis, premium upgrades such as hardwood floors, marble countertops, top-of-the-line appliances, crown molding and soaker tubs account for about 10% of the cost of a custom home.

Considering Indianapolis’ hot, humid summers and cold, snowy winters, some of the wisest home upgrades are smart heating and cooling devices along with energy-efficient windows and appliances. The more energy-efficient your builder can make your home, the less you spend on utility costs every month. Beyond any financial savings, an energy-efficient home also helps reduce your family’s impact on the environment.

In general, prefabricated homes are less expensive than traditional construction, so home buyers looking for cheap custom homes should explore those home builders as well.

LGI Homes

LGI Homes VISIT LGI HOMES

In business since 2002, LGI Homes has garnered a reputation for building affordable, quality homes in desirable locations. Its well-planned communities are rich in amenities, combining the best of neighborhood living with convenient access to the city. First-time buyers in Indianapolis particularly appreciate LGI’s 10-year structural warranty and no-money-down purchase options.

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Clayton

Clayton VISIT CLAYTON

Clayton Homes is an award-winning home builder offering a diverse range of affordable homes since 1956. Recognized as an industry innovator, Clayton Homes is dedicated to creating beautiful, sustainable and efficient homes using green practices. In reviews, home buyers praise the attention and clear communication from the company’s home consultants.

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Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.

Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.