Things to Consider Before Building a Custom Home

By Bob Gorman posted 04-10-2018 05:36

  
It is said that when you are shopping for a new home you need to keep an open mind as you will never get everything on your wish list. It’s a given that you will have to make some concessions may be in the layout of the home, the size of the home, and even the finishes. Even when you’re buying a brand-new home in a subdivision from the builder, you are still limited as you will be working from pre-determined plans that don’t offer much in terms of wiggle room.

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For those who just are satisfied with buying a house as is and having to accept things they don’t necessarily like about the home, the solution can be to build a custom home. With the custom home, everything is personalized giving you full control, which means you end up with the exact house you had envisioned.

If you’ve been giving some serious thought to building a custom home as of late, here are some things you may want to consider ahead of time.

Always Keep the Resale Value in Mind



When it comes to custom homes it's really easy to get caught up in the moment and say yes to all the upgrades, all the most modern features and go as big as possible. While this may be exactly what you want, if you have plans of ever selling it down the road you need to be mindful of the resale value. There is a chance that you can over-spend for the market you are in.

Do You Want a Green Home?



Obviously, the layout and design of the home is a big factor in going with a custom build, but don’t forget this route offers you freedom in other areas as well. Building a house from scratch means you can ask for such things as a green home. What this means is that you use as many energy-efficient materials and methods as possible. This will end up saving you money on your home energy costs, and there is the added bonus of knowing you’re helping the environment.

Tour Homes for Ideas Beforehand



Even though you may think you have the perfect layout in your mind, it can still be very helpful to tour homes to get ideas and inspirations before drawing up any plans. You can get a firmer idea of what you like and don’t like.

Get a Budget Before Work Begins



It's also very important that you work with your contractor to ensure that the plans are within your budget. While it may be impossible to give a guaranteed firm budget, the estimated building costs should be transparent and accurate. Experts recommend adding about 25% to the estimated building costs to your budget just to be on the safe side.

A Partial Custom Renovation



Another thing to consider is that you can get that custom feel without building a whole house from scratch. Treasured Spaces, Inc. offers custom home remodeling Minneapolis, on top of building houses from the ground up. What this means is that you can tackle just one room in your house, transform it, and create that custom feel. This is great for people who are generally happy with their current house but want to make changes to certain areas.

Custom homes offer homeowners flexibility and freedom that existing builds just aren’t able to match, which make them worth considering.


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