Five Important Things to Consider When Custom Building Your Home

by Adrian J. Elliott | Saturday, Nov 9, 2019 | 34 views

Building a custom home is one of the most overwhelming experiences of an individual’s life. There is excitement to finally have a place to call your own and at the same time some really critical decisions to take.

Since building a home involves a huge financial investment, you have to ensure that you have professional help by your side so that there is a lesser risk of errors and your house turns out just the way you envisioned.

To get a home of your dreams, here are a few things to evaluate before you contact any renowned architect or a home builder:

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Know Your Financial Situation

Before you start building your home, you have to determine whether or not you can even afford to do so. Exploring the market without calculating your financial status is a sheer wastage of time. Generally, the house plans that are done from scratch are little expensive than buying an already existing property. It is because there are the costs of construction, tax benefits, funds for the down payment and other related expenses that have to be taken into account.

Think About Your Marital Status

There is nothing wrong with custom building your home if you are single. But a bank’s lending standards are usually more rigid for the singles. When you have a working spouse, the banks are happy lending you the money as there are two incomes, two credit scores, etc. That is why you need to think if you are going to get married anytime soon or have plans for a career change in the future as both these aspects will also play a role in deciding the style and design of your home.

Examine Your Lifestyle

If you don’t assess your lifestyle properly before building your house, you are bound to make design blunders. Deliberating over your lifestyle as to what are your hobbies and habits, how often do you have guests coming over, do you work from home or not, what is the amount of storage space you need (now and in the future) and similar factors well in advance help your planning and selection process to be easier and efficient.

Consider the Location

The location of your lot is one big aspect that helps you decide a place to call as your home. It is essential that the community and neighborhood you choose fits your lifestyle and have a positive impact on your life. Also, if you ever want to resale it later down the road, this property should be able to fetch you a better price. Thus, it is recommended to purchase a piece of land that is in proximity to shopping and medical facilities and other vital amenities.

Go Green

As a sensible citizen, it becomes your responsibility to maximize energy-efficiency in the design of your new home. You should be able to achieve as much natural light and fresh air as possible and your windows and doors should retain the heat loss. Sit and talk to your architect and builder to install quality insulation and HVAC systems only along with energy-efficient appliances.

 

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