5 Major Considerations when Building a home
A lot of people now are looking into building their own custom home rather than buy an already built property. For many, owning a house is very personal and it is just not right to buy existing buildings that other people designed or looked like it came from an assembly line. Customization at the very least in the general layout of the property is what people want now. I will enumerate below 5 major things to consider that will help you save money and maximize the Market Value of your future house in the long run.
There is only one rule for this category in home building-create a budget and stick as close to it as possible. Do your homework and before spending ensure that it is mapped out in detail. Choose between doing it yourself or via a reputable contractor. Arm yourself with knowledge before the big leap.
Choosing the land where your future home will be built on is a major factor that will considerably impact the overall cost of your home building. Ensure that you know exactly what the cost for having utilities routed into your project will cost. How far the land is from these utilities will have additional or less costing that will reflect on your budget. Other questions you need to ask and know the answer to includes; is the land bedrock? Is it Sloping, is it sandy or soft? The answers to these questions will also have an effect on your Budget.
Just like the budget, the design is something that you need to stick with. Planning a house already has costs involved and when these changes, be it by the owners’ whim or as needed, there are attached costs that will add up to the overall budget consideration.
A SMART HOME
As befitting our modern age, more and more people make their homes “smart” and connected now. These not so expensive upgrades can add a lot of value to a property’s perceived market value AND at the same time really help with maintenance costs and utility bills. These include but are not limited to, modern security and CCTV footage, smart app controls for appliances, automated cooling, and heating, Lights and ventilation control. These will save you a lot of running costs in the years to come.
This is an area that eats up as much as 40%of the total project budget, Builders often jack up the prices on add-ons and customization options that you can actually get on a much lower cost if you have the project completed first before customizing with other contractors.
Once you get these big decisions handled, you are on your way to having a worry free home for your family.