Stay on track building a home with these 4 tips
It sounds as fun as decorating your childhood dollhouse or constructing a mansion out of building blocks, but the decision to build a home is just the first decision of many. And the questions when dealing with new construction go far beyond which color of siding is your favorite or whether or not you can afford those stainless steel appliances. But don’t let that deter you, we have a few helpful hints to keep you on the right track and get you one step closer to breaking ground on your new home.
Choose your Partners:
Step one is choosing your dream team. A real estate agent will help guide you all over town as you search for your perfect piece of land. They will answer all of your questions ranging from topography, to school districts, and negotiating price. They can also help you choose a builder with plenty of experience. With so many builders to choose from, consider this advice from newhomesource.com: “Pick a builder that will stand behind and service the home. Make sure the builder has a good warranty program, which typically should include a 10-year warranty on certain aspects of the structural integrity of the home.”
Want to learn more? Save big on new construction: secrets your buyers should know.
It’s easy to let your imagination run wild, but contrary to that building blocks mansion, you likely have a budget, and if you want to really enjoy your new home, you’ll have to keep those numbers in check. As one Realtor explains: “Many times buyers think the greatest advantage of building is getting everything they ever wanted in a home. This is only 100 percent true if you have an unlimited budget. For most buyers, they’ll still need to make sacrifices to accommodate their budget.” Just like purchasing a pre-existing home, when considering new construction, start with a list of “needs” and “wants.” Then, for the sake of your wallet, consider which areas you’re willing to compromise.
Do you need to be close to work? The airport? Are you in love with the thought of country living? Wherever it is you dream of building, make sure you pick a lot that suits the type of home you want. A Realtor and experienced builder will guide you to the best options for your needs. If you’re head over heels for a lot that requires too much work to lodge your dream house, go back to your budget—and a map—to consider if there’s a more money-friendly choice.
Wondering if moving closer to work is worth it? Check out this article from The Simple Dollar blog.
Building a home is a lot more than just paint colors. The right floor plan matters in a big way, not just for your enjoyment, but also if you’re considering resale value. A house full of rooms sounds enticing, but don’t go overboard. FreshHome.com says: “The addition of a playroom, game room or multipurpose room sounds enticing, but only plan to build a room that will actually get used. What good is a wasted home gym where the treadmill is used to hold clothes from last season?” Instead focus on square footage and functional spaces – like the kitchen.
Check this out: 5 Modern Ways to Reduce Wasted Space in Your Floor Plan from DesignBasics.
Building a home can be an exciting journey. Keep these tips in mind and enjoy your new adventure and house!