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So You're Planning To Build Your Dream Home ?
| How do you describe a dream home? For most home buyers, scouring through the pages of home builder magazines or ferreting out details of top home builders from reviews and ratings posted in websites of home builders associations, the first home epitomizes the perfect intermingling of quality and creativity. Building your own home is like crafting a masterpiece that promises a life beyond mundane comforts.
Different Kind Of Home
The past couple of years have seen a paradigm shift in the manner American families’ view the intricate steps to building a house. Of course, the explosion in the real estate market whether in Utah, Atlanta, Texas or Florida, or just about any other bustling city, cannot be ignored.
But what never ceases to amaze is the sense of passion and deep understanding of facts that pervade every intricate detail- from custom home builder designs and house or building plans to the materials used in the complex process of construction. The image of a nifty and financially astute client losing sleep over the escalation in the cost per square foot to build a house seems to have become a thing of the past.
But all this is hardly surprising. After all, we are just not talking about another edifice of brick and steel. It’s about designing the best possible space around a family, where one can work, relax, dine and innovate, and not just lead a quiescent existence. It’s about a place where lifestyles experience an inexorable rise to dizzying heights and the specters of high rentals are obliterated completely.
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No More Mission Impossible
The best part, however is that this zeal and enthusiasm is kind of ubiquitous. Whether a tastefully designed luxury home defined by impeccable refinement, a turn-of-the-century, nostalgic aura exuding log home, a manufactured home constructed with the expertise of a general residential contractor, new-age software-aided, factory-built mobile home or a DIY
modular home that owes its existence to state-of-the-art prefab home building
kits, every project is a hub for innovation and progress.
The desire to create a home with an enduring
legacy has indeed won the plaudits of diverse members of the home building
industry- from the largest home builders to impeccably-schooled remodeling and
renovation experts.
New Homes Acquire A Stronger Heft
Many a grizzled veteran will stop at nothing while arguing ad nauseam about the myriad benefits of a new home. I too belong to this bandwidth, and can advance a couple of reasons to explain my bias:
- It doesn’t sound blatantly absurd to take advantage of the prevailing low interest rates.
- A new home ensures that repairs and maintenance do not necessarily become a quotidian routine.
- With our appetite for hi-end technology increasing by the minute, modern day homes are not just more energy efficient but also win brownie points in the maintenance department.
- Granite counters, hardwood flooring, walk-in closets, there’s a staggering array of amenities just waiting to sweep buyer’s off their feet.
- The presence of energy-efficient mortgages for green home builders and government sponsored financing options with higher loan limits, ensure that the dream of a swanky new home does not remain a black hole.
Not That Vexed A Subject
Those with even a modicum of experience in the home building arena are sure to recall their trials and tribulations with a great deal of trepidation. Escalating costs, confrontational builders and bungling suppliers only compound your consternation. But proper planning and research can relegate all these nightmarish-experiences to obscurity.
Here are ten time-tested tips that ensure that your long-cherished dream pans out as per script:
- Before you jump on to the home-building bandwagon, try and understand the rubrics and jargons that form an inherent part of this industry. Determine the kind of home you are looking for- custom home, semi-custom, production or spec home.
- Since this project involves a sizable investment, the planning process should encompass not just the design specifications but also the overall budget.
- The importance of finer details like materials and finishes cannot be underestimated.
- The floor plan layout etched on the glossy pages of a design magazine may require modification to suit your lifestyle and preference.
- Since building a home isn’t a do-it-yourself project, selection of the right builder is extremely crucial. The cost-per-square foot yardstick may not always yield desired results, as you may be sequestering some very critical qualitative aspects to the background. An amateur has no place in your scheme of things.
- In case you decide to base your decision on the results of multiple bids, make sure the specifications quoted by each are identical. Other factors, like the builder’s standing and the quality of materials also deserve earnest consideration.
- Insist on a fixed price contract from the contractor. You wouldn’t like the expenditure to go through the roof.
- Once the selection process is complete, allow him to give valuable inputs during the site selection and the designing stages.
- With the plan and builder in place, explore the plethora of construction financing options.
- Try and make all decisions before the construction. It’s also important that you adhere to these choices. A contingency budget is essential to cater for all changes. But make sure your expectations do not spell doom for your meticulous financial planning.
The process of building a home can be supremely enriching and exhilarating. A nuanced understanding of this contentious issue coupled with a practical and pragmatic approach will bridge the gap between sky-high expectations and stark realities.
Explore A World Of Options
The Internet is peopled with resources that bring buyers and members of the home building industry closer together on one platform. The new homes section is sure to rescue your dormant search for a new house from limbo. Real estate opportunities, quick move-in homes, condos, condominiums, new home incentives, resale and FSBO home listings, it’s all happening on these websites.
Building a home is an experience unparalleled in every way, an achievement second to none. It’s a roller-coaster ride that surprises you with unbelievable twists and turns. A home is the most artistic of all creations, defined by inimitable style and charm. Strange, why people make a beeline for old heritage monuments looking for supreme inspiration?
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