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Things to Consider Before Building Your Dream Home

Nothing is quite as exciting, or quite as stressing, as finally building your dream home. Being at the point in your life to finally build a house that is made for you and your family is quite the undertaking. The process will usually bring your family closer together or drive them farther apart. Let’s hope it’s the former!

Luckily, there are free online programs that will get you off to a good start with constructing the blueprints and plans needed for your personalized structure. It is better than approaching a builder with a crayon-drawn picture of a house with smiling stick figures. They’ll appreciate the effort, and it will give them a quick idea of what type of house you would like.

Finding the Right Builder

Once you have your rudimentary blueprints, you can begin meeting with different builders. They will create the official blueprints and provide a bid on how much it will cost for them to build this house. Contacting several builders and receiving quite a few bids will be in your best interest in hopes of getting the best deal possible.

It is important to know the work of the builders you are interviewing. Ask questions and actually visit the houses they have worked on in the past. Be sure to speak to the families that have hired them in the past as well. It is best to know as much as you can about their reputation before you hire them for such a huge event in your life. Their work will be what makes your house stand out. Professionalism is a quality that they should be exuding in every meeting with them.

Choosing the Perfect Piece of Land

Location, location, location! The number one rule in real estate is that the location of the property is even more important than the property itself. This is why beachfront properties are so expensive. And how you could buy the biggest house in the worst neighborhood still very cheaply.

When factoring in the land and the location of the house, it is important to have a professional come in and figure out the correct slope of the land. Also, they must determine if the land and the soil can even support the structure you would like to build. It is best to contact a leading developer, manufacturer and supplier of technologies for geotechnical and structural instrumentation to figure out the possible foundation problems before they drain your pocketbook.

Budget Wisely

The builder will provide you an estimate of the cost of the structure to be built. If you do not already have the land, you will have to negotiate a suitable price there for the budget as well. A good idea would be to add up the price of the land and the estimate that the builder provided, and then add at least ten percent for overages. This more likely will be the total cost of the project. If you notice that the bills are really piling up, then talk to the builder and see what can be eliminated from the construction of the house to save you money. Switching to less expensive flooring or countertops can save you thousands!

Patience

The toughest part for most when building their dream home is patiently waiting for it to be completed. Inclement weather can really slow down construction and hold you hostage. Depending upon the size of the house, it could take up to a year for it to be finished. Stress will eventually get to you at some point, but just relax and take a deep breath. It will be worth it when your dream home in completed.

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