Can You Build A Small Custom Home?

custom homeBuilding a custom home is not exclusive to wealthy buyers who are looking to have an expansive house. As a matter of fact, today’s trends show that buyers these days mostly want a smaller home footprint.

According to a National Association of Home Builders survey last 2018, about 42% of buyers will sacrifice square footage to have a home that’s affordable. In 2018, the size of an average new home for a single family is below 2,500 square feet, which continues a five year trend where homes are becoming smaller. Unlike others who think bigger is better, a lot of today’s home buyers prefer a home that’s affordable, comfortable, and energy efficient.

Are you considering a small custom home? Here are a few things you need to consider.

How much can you afford?

Get in touch with lenders to get an idea of just how much mortgage you are going to qualify for before you begin anything else. Know how much a banker will most likely loan you, and how much your monthly payments will be. This will help you keep you within your budget once the design process starts.

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Why Winter Is The Perfect Time To Build Your Custom Home?

custom homeWinter is the best time to start building your custom home. Listed below are a few reasons why you should think about starting your project now.

You can make sure that the design process is just right without needing to rush through it.

A nice weather isn’t essential to designing your dream custom home. However, you can expect that it will take time. If the duration of the nice weather is coming to a close in the summer or spring, you may be tempted to hastily decide about the design, to make sure things move along. But during winter, you can take your time and be sure that you make the right choices.

Choose a lot that looks great in summer and winter.

Custom home builders in many cases, see situations wherein the homeowners select a lot that is based on summer conditions. Then, the homeowners feel disappointed come winter. During season, you will get a chance to evaluate possible lots at their worst conditions. How does water run through or is it pooling? Are you going to get some sunlight with the low winter sun?

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Planning A House With A Mother In Law Suite

Dawol Homes Custom HomesHow do you find the best plan? How can you find the perfect plan for you? Provided below are some tips to help you get started in finding the perfect plan for a custom home with a mother in law suite.

Will A Tract Home Builder Add A Mother In Law Suite?

You might be wondering what a tract home builder is. These professionals build neighborhoods that are filled with houses in your area. A few of them are national firms while others are more local to simply a state or maybe two. They are also known as mainstream builders or cookie cutter builders.

The issue with basic plans made by tract home builders is that many of them do not include in law suites. The majority of them commonly have two master suites and they think that they are enough. So what will you do if the tiny bedroom on the main level just won’t cut it?

You can ask the tract home builder if you can add a mother in law suite. Do not be scared to ask and you will be surprised how some builders who are set on just building specific plans, do not really mind if you want to make additions to the plan. They just need the base house plan to be one of their own.

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10 Red Flags When Hiring A Custom Home Builder

custom home builderWhen you are looking for a custom home builder to help you build your dream house, there are some important characteristics that you need to be looking for. However, apart from searching for the best traits, there are 10 red flags that you also need to watch out for.

  1. The custom home builder asks for a sizable initial deposits or down payments before they start working on your custom home.
  2. The custom home builder does not provide any written contract. In case they do, what they present is a poorly written one.
  3. The builder offers a price that is seems too good to be true. In most cases, the state price is way lower compared to the other bids you have received.
  4. The builder cannot provide a clear work history.
  5. The Myrtle Beach custom home builder cannot or will not give a complete estimate.
  6. The builder depends mostly on allowances for their final bid.
  7. They use high pressure sales strategies.
  8. There exist several unresolved claims from the Contractor’s Board.
  9. The builder cannot provide proof that he or she has insurance.
  10. The custom home builder says your house, once built, will be used as part of their marketing strategies, and that is why you will be provided with a low rate.
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The Pros and Cons of Buying A Spec Home

Myrtle Beach custom homeWhile several people prefer buying a house that someone else has lived in, there are others who do not favor the idea and would like to buy something new. There are several advantages to purchasing a newly built home after all. It needs to be efficient, in good condition, clean, although this does not always happen. Whenever we talk about new build homes, you have two options. The first one is the custom home that has been specifically designed for you, with all the details you want. The second option is referred to as the spec home, which has advantages and disadvantages.

What is a spec home?

Knowing what a Myrtle Beach spec home is important. It comes by different names depending on where you are located. Sometimes it is called a move in ready home, featured home, immediate delivery home, and inventory home. A spec home is a house that was designed and constructed by a builder without any buyer in mind. The builder took the chance that he will manage to sell the house once it is near completion or it is completed. It would seem that the builder is taking a chance here, hoping that a homebuyer will pick the house he has built. Therefore, the architecture is going to be based on a standard plan, perhaps using a design that is well known in the neighborhood that he is building it in. Generally, the fittings will be referred to as contractor or builder grade, although some builders can offer to have them upgraded for an extra price.

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5 Things To Prepare Before Building Your New Home

custom home builderThe process of building a custom home starts long before the foundation is poured. The construction process is exciting and most efficient when you first create a good plan and find a competent and honest custom home builder. If you wish to avoid expensive mistakes during the construction process, you need to start with five crucial steps. When you move from a dream house to your real house, make sure that you ask questions and then share the progress with those who have already gone through the process.

Plan The Budget For Your Custom Home

Start considering the budget the moment you’ve begun to think about building your custom home. Create a realistic idea of the amount you can afford to spend and the amount you need to build a new custom home. The budgeting period is about creating a balance between what you want and a realistic evaluation of exactly what you could afford.

You will most likely need a mortgage and a . It is not too early to determine how big a loan you could qualify for, according to your income as well as other financial responsibilities. These days, most banks as well as other financial institutions are very eager to prequalify applicants for a construction loan, which will provide you with a good idea of the maximum amount of money that you can spend.

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6 Factors To Consider When Choosing A Custom Home Builder

custom home builderThe custom home builder you choose will have a significant impact on your project. A great and reliable builder could make a complicated construction work successful. If you need to make a decision between building companies, be sure to list the assets that each of them can bring to the project.

Choosing A Custom Home Builder

Education and Credentials

Business credentials show that a person is suitable for taking on the specific project. The National Association of Home Builders and the National Association of the Remodeling Industry as well as other industry associations like the National Kitchen and Bath Association provide award certifications as well as learning opportunities according to exams and experience. People who wish to advance their capabilities usually belong to at least one industry associations so look for memberships in national and local associations if you are considering the background of a home builder. Don’t forget to ask for accreditations or awards that show a passion for their job.

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The Best Time For Custom Home Building

custom homeWinter is just around the corner and once that is done, spring comes next. It is the season that brings warmer weather as well as new life. But for other people, spring is much more than that. It is also the best time to begin the construction of a new home. Basically, it is the ideal season for completing building constructions faster without having to deal with several delay so you can move in to your new home sooner. If you are planning to build a custom home, listed below are some of the reasons why spring is the best time to begin. 

Custom Home Building 

More Daylight

When the summer solstice hits in mid to the later part of June, we begin moving back to winter. What that implies for your home building project schedule is that nighttime slowly falls much sooner as the day gets much shorter. By beginning the project during spring, your team of custom home builders can make the most of their time thanks to more sunlight during the day. However, it’s not only more sunlight that can help you finish your new home on time.

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Questions You Need To Answer Before Deciding To Build A Home

custom homeThere comes a time when some people have gone through the tedious and nightmarish process of purchasing a house. That first house is commonly modest but the excitement they felt was memorable. As they go on with their life, they eventually decide to build a custom home. But before anything else, there are a few questions they need to ask themselves.

Can I Afford A Custom Home?

When you are looking at it on paper, it seems like building a custom home isn’t that expensive. Although the numbers you see on paper show an attractive price, you have to take into account the unexpected construction costs of building a home. For example, although lumber may be cheap today, if the build has been delayed, that framing cost could easily go up. And although your land might seem to be all set to build on today, you may discover later on that it still needs to be surveyed. Be sure that you can afford whatever number is on the price breakdown and have enough cash to spend on unplanned costs without blowing your budget. Check the numbers and make sure that you sign on for the price that you can afford.

Do I Have The Time and Patience?

Having a custom home built instead of just buying an existing house needs a longer amount of time. Given that, you have to make sure that you have got the time and the patience to address the variables that are involved in constructing a custom house. Even the simplest, stock constructed house will need between three and six months to be completed. Meanwhile, custom homes could take at least 18 months. In case you are in a rush to get into a house, purchasing one could be the best option for you.

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Is It Possible To Build A House In Winter?

custom home builderIn the past, most homebuilders believed that if they can’t get the roof on before the first snowfall drops, then you have to wait for spring to come. That’s no longer applicable today. Winter home building is possible plus it offers several benefits for both the homeowner and the custom home builder.

The uncertain economy also had a significant effect on construction practices. During the boom years, custom home builders poured foundation during the fall season because the weather was nicer, and they were sure to sell the houses later. These days, the demand is much lower and cash is tighter, so they’re waiting for homebuyers to order what they really want. Contractors who used to take winters off are now very much happy to have jobs including those who specialize in renovations and additions.

Building a Home In Winter

Frigid Conditions

Most trades including custom home building could be done in all but the sloppiest and coldest weather conditions, however, they also have their limitations. Daylight hours are much shorter plus the crews don bulkier clothing so they move much more slowly. Extra measures should be taken to prevent ice damming, broken pipes, as well as other infiltration issues. Shingles stick better during warmer weather. Don’t worry too much about pouring asphalt.

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