If you have decided to build a custom home rather than buy an existing house, it is important to keep in mind that there are a lot of things that you will need to take care of before you can start choosing paint colours and finishes. At Alderidge Construction, we understand how much work goes into building a custom home and that homeowners can take specific steps to help make the process as smooth as possible. That is why we have created a custom home building checklist to help you better prepare for the home building process.
1. Purchase a Plot of Land
The first step in building a custom home is finding and purchasing the plot of land that you want your home to be built on. When looking for a plot of land, make sure that the bylaws for the area will allow you to build the home you want and that there are no restrictive conveyances on the land.
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2. Know What You Can Afford
Having a clear idea of what you can afford before looking at home plans or interviewing potential builders will help you ensure that you have the budget you need to build the home you want. Make sure to talk to a lender and to get pre-approved for a construction loan so that you know exactly how much money you have to work with.
3. Choose a Custom Home Builder
Once you have purchased a lot and have a clear budget in mind for your home, you will need to find the right custom home builder to work with and to design your home. A reputable custom home builder will be able to provide you with ideas and guidance on how to maximize space, as well as how to avoid any potential mistakes within the floorplan. Make sure to find a custom home builder who has experience working on houses that are similar to what you are looking for.
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4. Decide Which Home Features are Most Important
Chances are that, unless you have an unlimited budget, you will most likely be unable to afford everything that you want in a custom home. Consider making a list of the features that are most important to you and your family so that you can talk to your custom home builder about those must-have items.
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5. Set Aside a Contingency Fund
When it comes to building a custom home, unexpected expenses almost always come up. Setting aside a healthy contingency fund beforehand will make it easier to cover any unwanted expenses that arise during construction, as well as allow you to make minor changes to the design before the house is completed.
If you would like to learn more about the items on our custom home building checklist, or if you are interested in our custom home building services, please contact Alderidge Construction, at 1-844-RENO-453 or by booking a consultation on our website.