Real Estate Marketing & Beyond
Many people want to customize the property that they live in and make it a place that is specific to their needs or lifestyle. Although you may dream of building your own home, you can fulfill your plans with the right steps taken. To make the dream a reality, you'll need to hire the right professionals and follow a few important tips.
Organize Your Finances and Budget
According to realtor.com, you'll need to be preapproved for a construction loan to ensure that you can begin to break ground and have the necessary funds to complete the project from beginning to end. You may also need to finance the land that you purchase if you don't already own it. Construction loans can often be more difficult to obtain and require that you have 20 to 25 percent of a down payment. You'll also need more cash reserves due to complications that can arise during the process. Experts recommend creating a budget before you begin designing the home to ensure that you can afford various features that you want to include in the blueprints.
Take the Neighborhood into Consideration
Although you may know the style of home that you want to live in and the floor plan of the property, it's also important to consider the neighborhood that the house is built in. The surrounding homes that you live next to will influence the value of your home due to their size and overall condition. Build a property that has a similar amount of square footage to ensure that your house blends in on the block. Your neighbors should have yards that are maintained and homes that are updated to ensure that your house will maintain its value over time. It's also important to consider the proximity of the neighborhood to nearby hospitals, parks, and restaurants that are in the local area. This will determine how much time you spend on the road when you need to shop for groceries or commute to work each day.
Hire the Right Professionals
You'll need a number of different professionals to help you execute your plans of building your own home. Hire a local architect to create the right floor plans to ensure that the home flows well and is easy to navigate. You'll also need a custom home builder who has several years of experience and specializes in residential properties. Some home builders offer various floor plans that you can choose from. Ask to see their portfolio to ensure that you're satisfied with their work. Other professionals that you'll need to hire include a professional designer, an electrician, and a plumber. Your custom home builder can offer you recommendations of people that they know in the area that you can trust.
Incorporate Green Building Factors
The latest homes that are newly built have green factors that reduce the energy usage on the property and have less of an impact on the environment. Consider installing an energy-efficient roof, which includes metal, slate, or clay tiles. You can also add Energy Star appliances in the kitchen or with the heating system that is used. According to horizontalcontracting.ca, roof overhangs and window orientation are also crucial to increasing your savings throughout the year. This will also protect your health and increase the level of comfort that is available in the building.
It can be easy to dream of building a custom home, but executing the plans can often feel daunting. With the right steps taken, you can begin looking forward to moving into your new property and having a place to call home with your family for many years to come.
About the author: Kara Masterson is a freelance writer from West Jordan, Utah, writing on behalf of custom home builder experts. She graduated from the University of Utah and enjoys writing and spending time with her dog, Max.
