To be blunt, the actual construction process is not very well covered. For instance, owner-builders probably do not know what types of materials are high quality vs. just high price tag vs. "standard" and possibly inadequate. That is a huge hole in the book -- materials overall are skimmed over. The one time they got specific, they almost sounded like a commercial for Andersen windows. I'm sure Andersen windows are just fine, but I seriously doubt that you simply "must" buy them to have resell value in your house.
The other huge hole is how to manage the actual building phase -- what to expect, pitfalls and such. Yes, it has a chart, but it's hard to read (it's sideways!), there is no explanation if the numbers signify days or weeks, and in general it is not adequate. There was a very short chapter at the very end on common mistakes, but once again it seemed to skim over that information. Also, I realize that every house is built differently, but it would have been nice to have one example project used throughout the book so that the reader could see a cohesive picture of how that particular house was built. Nothing like a concrete example!
In spite of its shortcomings and the rather dated ideas about what makes a home have resell value (this book was written in the early 90s, just as "starter castles" with cavernous ceilings and huge greatrooms were becoming popular), this book offers a ton of good -- and most importantly, timeless -- information.
In a nutshell:
If you need or want to know about the financial and legal process of building your own house, right down to the surveying, appraising and loans, including sample contracts and forms, then buy this book.
If you are interested in a guide on how to actually *build* a quality, custom home that has updated materials lists, a detailed example schedule and realistic work/time/money expectations, worksheets and samples of change orders, contracts for craftsmen and other construction sundries, then do not buy this book.
This book covers both house buying and working with contractors. Do not be put off by its title; I would recommend it even if you are buying a standard house or building an addition to your existing house.
Although it seems to be very specific to building a new custom house, in fact it gives excellent advice on all phases of buying a house or lot (including evaluating it, bargaining, financing, etc.) as well as finding contractors, negotiating with them, etc. It assumes you are going to be your own general contractor, but even if you are not, its advice is pertinent and useful.
Some of the discussions of contracts and payment schedules may seem a bit nit-picky, but you ought to read "The Home Remodeler's Combat Manual" to show why it can be necessary.
I find it much better than Bob Vila's book on house buying, and also better than House Buying Step-by-Step (which was the best among the other books I found at the bookstore).
It's unfortunate that its title makes its scope seem so narrow.
(I wrote the above in 1995, and don't know if anything even better has come along since then.)