top of page
  • Writer's pictureal6345

Building a New Home Made Easy: Everything You Need to Know to Get Started

Are you ready to start building a new home—your dream home? Keep reading to see the entire process explained so that you can get started right away. Every dream home needs to start with a solid foundation. But before you start pouring in that foundation, you're going to need a plan. Building a new home starts way before any bricks are laid and wood is cut. Are you interested in being one of the more than 1 million new homes expected to be built next year? Continue reading and we'll show you what

you need to ensure that your real house will be as close to your dream house as possible.

Make a Budget From the moment you decide you're going to build your dream home, you're going to

have to start planning a budget.  Think up a realistic idea of how much money you can afford to spend on your dream home and also how much it will likely cost to build. This is the part of the process where you balance all of your wants with what you can

actually afford to have. There's a good chance that you're going to need a mortgage and

a construction loan. Based on your income and other financial aspects, it shouldn't be too hard to figure out how big of a loan you're able to qualify for. Most financial institutions today will happily prequalify you for a construction loan.

This should give you a rough idea of the most amount of money that you'll be able to

spend. During this part of the process, you should also consider how much different parts

of the construction will cost. These costs will be for things like the designer or architect,

the construction materials, appliances and interior pieces, the general contractor who's going to be managing the whole project, and the land itself.

Pick Your Lot Talk with realtors in order to get a good idea of how much land costs are in your area.

You're going to want to be smart when it comes to picking the right building lot for your

new house. It's generally agreed upon that you should put around 20 to 25 percent of your budget

for your new home toward purchasing the actual land it will be on. Remember that no matter where you plan on building, you should have the land purchased before you starting into floor plans and other specific details.

You're going to have to factor in things like drainage, building codes, zoning, and soil condition. Also, if your house can be built with some stock blueprints, that's going to

be cheaper than if it depends entirely on the land.

Assemble Your Team When getting your A-Team together, you need to consider how involved you actually want

to be in the whole process. It's important here to understand how skilled you actually are

at design, managing, and construction. You certainly don't want to let your ego get in the way and end up slowing down the process. However, by being hands-on, you can end up with a rewarding and

money-saving experience. Consider hiring people like an excavator, home designer, builder, surveyor, and architect

to help you achieve your vision.

The Joy of Building a New Home Building a new home for yourself and your family is part of the American dream. It can be

a truly satisfying experience like no other. Just make sure that you're prepared and understand what you're getting into. Looking to get started with building your dream home? Contact us today and see how

we can help make your dreams a reality!

7 views0 comments
bottom of page