Hobbs

What Hobbs does

Hobbs Inc. is a privately-held, family-owned luxury custom home builder founded in 1952 by Ted Hobbs and incorporated in 1954 as TdeF Hobbs Construction in New Canaan, Connecticut. The company designs and builds bespoke residences — including new construction, renovations, additions, and historic restorations — for ultra-high-net-worth individuals and families across the tri-state area (Connecticut, New York, and New Jersey), with regional offices in New Canaan, Bridgehampton (Hamptons), Manhattan, Saddle River, and Brielle. Its underlying capability combines traditional craftsmanship with a dedicated estimating department, on-site supervision, and full design-build project management, supported by a separate Hobbs Care service division launched in 2004 that provides ongoing maintenance and home management after project completion.

The company operates a quote-based, project-specific pricing model targeting discerning clients in exclusive markets such as Greenwich, New Canaan, the Hamptons, and Westchester, with average contract values in the multi-million-dollar range as evidenced by award categories for homes priced above $3M, $7M, and over 15,000-20,000 SF. Demand is sourced through direct engagement, architect and design-professional referrals, and prior-client word-of-mouth rather than active digital marketing. Hobbs is licensed in CT, NY, NJ, and RI, holds Energy Star Certification, and maintains memberships in the National Association of Home Builders, the National Custom Builders Council, and the U.S. Chamber of Commerce. The third-generation leadership of brothers Scott and Ian Hobbs, who assumed full ownership from their father Mike in 1998, continues to operate the firm without external institutional capital.

Name

Hobbs

Legal name

Hobbs Inc.

Website

https://hobbsinc.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Short description

Hobbs Inc. is a family-owned luxury custom home builder founded in 1954 in New Canaan, CT, serving ultra-high-net-worth clients in Connecticut, New York, and New Jersey with bespoke new construction, renovations, and post-completion home care.

Ownership category

akta.pro rank

Product category

Luxury Custom Home Construction

NAICS

Residential Building Construction (2361), Residential Remodelers (236118)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531)

akta.pro primary industry

Custom Home Building (IMAFABAC)

akta.pro secondary industry

Luxury Whole-Home Renovation (High-End Finishes & Custom Build) (HSAPAEAI)

Keywords

• Luxury custom home building
• High-end home renovations
• Historic home restoration
• Residential construction services
• Post-completion home maintenance

Headquarters

HQ city

New Canaan

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Luxury Home Construction: One-time custom home building projects for wealthy clients, managing the full design-build process from site feasibility through construction completion. Projects range from renovations to multi-million dollar new constructions.
2. Hobbs Care Post-Completion Services: Ongoing maintenance, support, and modification services for existing Hobbs clients, providing continued care and relationship maintenance long after initial project completion.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Hobbs Inc. is a luxury custom home builder providing full design-build services for ultra-high-net-worth clients in the tri-state area, including new home construction, high-end renovations, historic restoration, and post-completion maintenance through its Hobbs Care service division. The company manages complete projects from site feasibility and estimating through construction, on-site supervision, and ongoing home stewardship.

Product overview

Hobbs Inc. is a luxury custom home builder offering a unified design-build service centered on custom luxury home construction. The company operates two integrated offerings: its core Custom Luxury Home Building service (new construction) and the Hobbs Care sub-brand (post-completion maintenance and support). A third service line, Renovations, covers additions and remodeling of existing properties. Together, these services provide a continuous client relationship from initial build through long-term home stewardship.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Luxury Home Building Full-service custom luxury home construction from concept to completion, managing design-build projects with project management, on-site supervision, and post-completion support for ultra-high-net-worth clients across Connecticut, New York, New Jersey, and the Hamptons.
• Renovations Luxury home renovation services including historic restoration, additions, and modernization of existing properties, respecting architectural heritage while incorporating modern design and conveniences.
• Hobbs Care Post-completion service division providing ongoing maintenance, support, and home management for Hobbs Inc. clients, offering a single point of contact for all home care needs including preventative maintenance, system adjustments, and modifications.

Quantifiable outcome

• Higher accuracy rate in budget projections compared to competitors due to relationships with broad network of vendors and understanding of market trends

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered minor.

• Cultural Alliance of Fairfield CountyminorOthersHobbs, Inc. is a sponsor of the Annual Cultural Alliance of Fairfield County's annual Arts, Culture, & Empowerment Awards, supporting the arts in the region.
• New Canaan RotaryminorOthersScott Hobbs has been a member of the New Canaan chapter of the Rotary service organization since 2000 and is a Past President, demonstrating community involvement.
• Make-a-Wish ConnecticutminorOthersIn 2017, Hobbs Care worked with Make-a-Wish Connecticut to grant the wish of Ayla, a child with a medical condition, by building a treehouse in her backyard.
• New Canaan LibraryminorOthersIan Hobbs volunteers as a Trustee of the board of the New Canaan Library, providing governance support to the institution.
• Building Homes for HeroesminorOthersHobbs, Inc. worked through Building Homes for Heroes along with Nordic Builders and other sponsors to build a home for a Marine veteran in Ellington, Connecticut who lost both legs and sustained severe injuries.
• Swim Across AmericaminorOthersHobbs, Inc. is proud to support Swim Across America, which has raised more than $3 million in funds for the Alliance for Cancer Gene Therapy. Lorrie Lorenz (wife of COO Walter Lorenz) is co-chair of the SAA Greenwich-Stamford fundraising event.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BOND Construction & Development: Long-established luxury custom home builder and developer serving the New York metro and tri-state area. Directly comparable to Hobbs in geography, customer profile (UHNW), and bespoke single-project delivery model.
• Wadia Associates: Luxury design-build firm operating in the Northeast on high-end custom homes and estates for UHNW clients. Comparable to Hobbs as a small, reputation-driven design-builder competing for the same architect-referred projects in the tri-state luxury market.
• Beechwood Homes: Long-tenured Connecticut-based luxury custom home builder serving Fairfield County and nearby New York suburbs. Directly comparable to Hobbs in geography (CT/NY border), UHNW customer base, and bespoke single-project delivery.
• Pantusa Homes: Family-owned luxury custom home builder serving Connecticut, Rhode Island, and the greater Northeast. Comparable to Hobbs in family-ownership profile, tri-state geography, and high-end custom residential focus.
• Country Estates Custom Homes: Luxury custom home builder serving affluent communities in the New York metro / tri-state region. Comparable to Hobbs in target customer, geographic focus, and end-to-end design-build service model.

Others

• Brooks & Falotico Associates: New Canaan–based architecture firm specializing in high-end custom residential design across Connecticut and the tri-state area. Listed as a Hobbs collaborator and comparable as a peer architect whose clients overlap directly with the Hobbs buyer profile.
• Robert A.M. Stern Architects: Prominent New York architecture firm specializing in traditional and classically influenced residential and institutional design. Comparable to Hobbs as a top-tier architectural partner whose clients frequently engage Hobbs-class luxury custom builders in the same tri-state market.

Broad incumbents

• Toll Brothers: The largest publicly traded U.S. luxury homebuilder, operating nationally across many markets. It is comparable to Hobbs as the dominant reference point in luxury homebuilding, though it competes at vastly greater scale and via production communities rather than fully bespoke single-client builds.
• David Weekley Homes: Large national homebuilder with a meaningful custom and luxury segment across multiple U.S. metros. Comparable to Hobbs as a custom-luxury competitor, but operates at much broader geographic and volume scale rather than as a single-region bespoke builder.
• Ashton Woods: National private homebuilder serving move-up and luxury buyers with design-forward offerings. Comparable to Hobbs in the luxury-custom end of the market, though it competes primarily via for-sale communities at greater scale than a boutique firm.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/HobbsIncCustomBuilder
• LinkedInlinkedin.com/company/hobbs-incorporated
• Instagraminstagram.com/hobbs_inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hobbs