So, after spending years of hard work, you have finally saved enough money to make your dream home come into fruition – Congratulations!
The house should fit your intentions. Will it be sold when the price escalates? Will it serve as a summer getaway? Or will you spend time in this home till you grow old?
Building your home from the ground up is a rewarding and overwhelming experience. It offers you the chance to customize your home to serve your needs and wants now and in the future.
Building a home doesn’t have to be daunting. Your presence during the whole building process will ensure that everything will come out the way you want your dream home to be. Here are some tips to help your build go smoothly.
Know your numbers
The house plan gives you an estimate of the construction costs, tax benefits, funds for the down payment, and other pertinent calculations. Crunch the numbers cost will not be as expected it’s likely to get higher. As the construction progress expect a lot of add-ons, finishing costs could run anywhere from 15 to 25 percent of your budget.
Also, set aside around 10 percent of the budget for unforeseen conditions like a replacement of a material which does not meet your expectations.
The savings are not enough to build your dream home hence you head to the bank for financing. Usually, a construction-to-permanent loan fits your needs. There will be a draw schedule that determines the stages of the project when the builder gets paid. The bank will conduct inspections in every phase of the process to monitor the development. Once the construction is finished, you will receive a certificate of occupancy and you can close on your permanent mortgage.
Keep those creative juices pumping methodically plan the details of your house. There are interior design ideas on the internet, check out magazines or architectural prints for beautiful arrangements put those dreams into fulfillment. Gather these designs that inspire you and ask the architect to add your choices to the house plan for the bedrooms, kitchen, toilet and bath, and other house spaces. You’ll have a grasp of how it will look like before construction starts.
Think green in the design of your new home to maximize energy-efficiency, your builder can ensure that windows face South to let the sunshine in heating your home. You might have extras in your budget consider a solar-panel installation it might be pricey at the onset but its value will outweigh its cost in the long term.
Have a small talk with your neighbors about the gruesome crawlers that haunt the area. Call your local pest control company in Las Vegas to prevent the horror before it starts.
Find the right builder
Finding the right builder is one of the most important decisions in building your home. You’ll be working so closely with your builder for many months and your relationship with them will determine your overall building experience.
A little research will go a long way, ask referrals from acquaintances or search information online find out the reputation of the builder, their quality of work, do they complete on time? Always check the client’s reviews an irate customer will certainly spill out the bad experiences with the builder.
Before doing business consider these tips when choosing your builder:
Make sure that the constructor is licensed, insured, and have the proper working permits. Architects and designers recommend that the contractor is a member of the National Association of Home Builders (NAHB).
Compare the budget with the asking price of the builder.
Ask for references and take the time to inspect some houses the builder constructed. It will give you an idea on the level of quality that they provide.
Look for a builder that would respond quickly with helpful information on your messages. They should communicate well and comfortable to work with. You’ll be entrusting them with the biggest financial obligation of your life and you will work closely with them for some time. You could tell that you are on the same page if you share the same vision and they would work hard to make that happen.
Don’t forget the punch list
A week before completing the construction, you and the builder will create a punch list of things that needs to be done or repaired. Look for flaws that affect the quality of the house, once these are corrected it is safe for the family to move in.
Before closing on your new home have a final walk to check if things on the punch list were done to your satisfaction. If everything is good, release the payment to your builder. The contract is completed and welcome to your new home.
Prevent unexpected damages
In the home renovation process there can be many unforeseen events. You should take some measures in order to avoid them before starting the main actions. Here are the 2 most dangerous accidents that you should pay attention to:
Sewer water may contain some blood-borne pathogens and other contaminants and they can affect both on appearance of your renovated home and on your health. The solution is obvious! After identifying and repairing the source of the damage the disinfection process is a must. The most comfortable way is to use disinfecting wipes, as they are small and handy.
As home renovation is mainly a DIY process, handling with electrical appliances on your own can lead to some unintended consequences. There aren’t many things to do here: just unplug the appliance and contact a qualified electrician. This is the ideal solution for that situation.
There will be mistakes and stressful days and days of bliss and excitement during the building process. Cherish every moment, you are one of the few fortunate ones to have the opportunity to build their dream house. Enjoy the little things and laugh at the slip-ups during the process there will be lots of them.