3 Types Of Floor Plans That Will Make You Want To Build A New Custom Home

custom home builderFind the best floor plan for your brand new custom home in Myrtle Beach. Make sure to consult with your custom home builder to determine which option is best for you.

There are three main types of floor plans. These are the traditional, contemporary, and the custom plans. The traditional floor plan will separate every room with a doorway and walls. Contemporary floor plans get rid of the majority of these walls for a much more open floor plan type like having the living room and kitchen in the same place. Meanwhile, a custom floor plan allows you to make your own design.

Each floor plan has its own advantages and disadvantages.

Traditional Floor Plans

Traditional floor plan is also referred to as closed floor plans. Keep in mind that closed does not also mean cramped. It’s because the traditional kind of floor plan have the exact same amount of space. It’s just that it has more walls. You could walk into nearly any house built at least 10 years ago and you will see this kind of floor plan.

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Benefits of Working With A Custom Home Builder

custom home builderWhen you decide to get a custom home, you will enjoy having a comfort, healthy, and efficient home. But building a custom house using the construction methods these days require more knowledge than what most people realize. That knowledge is one of the many benefits of working with an expert custom home builder.

Many homeowners want to know about energy efficiency, insulation, heating and cooling system, plumbing and electrical system.

They also wish to know if their indoor air quality is healthy and safe. Homeowners are also concerned that the airtight wall construction that’s required by today’s building codes could trigger health concerns. They would like to know that the home won’t trap dirt, dust, and odors and won’t have unhealthy levels of humidity. These are only a few of the countless questions that people have in their minds.

Health and efficiency are only two aspects of what they refer to as high performance homes or buildings today.

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Why Build A Custom Home

custom home“To build or not to build,” a question that a lot of homeowners ask when trying to figure out whether to purchase an existing home or have a custom home built by a custom home builder in Myrtle Beach. There are a few benefits associated with purchasing an existing home compared to having a custom home built. A few notable ones include the fact that it is already move in ready and some existing houses come with a distinctive history and could be quite nostalgic.

But, an existing house also has its own set of disadvantages. It is generally not constructed to suit everyone and it may not meet your standards. There is also a big risk that when you buy a house, you’ll find out that it has a long list of maintenance and repair issues. Existing houses don’t commonly come under warranty like a new custom homes do.

Do you want to learn more about custom homes? Read on.

Benefits Of Having A Custom Home

Complete Personalization

The most important benefit of having a custom home is that you will have the opportunity to get what you want. With a cookie cutter home, you won’t be get a home that suits your personal preferences. Even if you find one, you’d have to search through a lot of houses before landing on the perfect one. Even after doing all the tedious search, the possibility for complete satisfaction isn’t good.

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What’s The Difference Between Production and Custom Home Builders?

custom home builderAs you make plans for your brand new house, one of the most important questions you need to think about is if working with a production builder or a custom home builder is your best choice.

Both types of home builders are great choices and each one can provide you with a great new home. The decision will depend in the number of choices that you are willing to make and how much design input you are willing to have during the construction process of your home.

Production Vs. Custom Home Builders

A production builder will build a community of home according to a library of floor plans, each one with a limited range of personalization options. Meanwhile, a custom home builder creates a unique house that provides an even better array of design choices that is built on just one lot.

What You Need To Expect From A Production and Custom Home Builder?

The National Association of Home Builders said most production based home builders provide a home and land in a single package. It offers different house plans to select from and lets buyers choose their preferred design/style from a menu in various product categories. The houses are priced for move up, first time, and luxury home buyers.

Custom Home Builders

As the name suggest, the process involved in constructing a custom home is far less scripted since there are no menus or predefined selections to choose from.

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Custom Home: Building A Retirement Home For Aging In Place

custom homeThousands of baby boomers are reaching their retirement age every day and it is pushing the demand for design features accommodating aging in place in an upward trend. In case you are thinking of building a custom home for retirement, you need to have a house plan that includes essential age in place features, which will allow you to live in the house throughout your gold years without having to worry about remodelling.

In case of building a custom home for aging in place doesn’t seem like a very exciting task, then you will be pleased to know that adding in some age in place features won’t prevent you from constructing a luxurious and modern house that you will love to live in the in the years to come. With the correct build, these features won’t even be that noticeable.

What is aging in place?

Aging in place means you will be staying in your own house independently and safely as you grow older. The National Aging in Place Council said that over 90% of older adults would like to age in place in their very own homes instead of moving to senior housing. But, a lot of their houses would need expensive adjustments.

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12 Questions To Ask When Hiring A Custom Home Builder

Myrtle Beach custom home builderWhen interviewing potential custom home builders, there are twelve questions you need to ask. The answers they provide will help you determine their communication style, their eagerness to be involved in the process, and their understanding of your project.

Questions You Have To Ask A Custom Home Builder

  1. Can you work with my designer during the designing phase to make sure that we are building a home that meets the set budget?
  2. What methods and strategies do you plan to use to know the actual cost of the custom home?
  3. How do you want to be compensated for the services you render during the preconstruction phase?
  4. Is the quality and style of the house we want to have within your comfort zone?
  5. Who will manage the construction of the house and how frequently will the custom home building be supervised directly?
  6. Can I meet the project superintendent or the project manager who will sit on top of the project daily?
  7. How do you plan to address any concerns or inquiries during the construction process?
  8. How competent are the subcontractors who will be working on my custom home building project?
  9. In case there are alterations or adjustments on the design or any unexpected circumstances that will lead to additional cost, what methods will you use to inform the designer or the owner?
  10. How long do you need to complete this project?
  11. How will you be paid for your work?
  12. How will you service the warranty once the construction of my custom home is complete?
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Is Building A Custom Home The Best Choice For First Time Homebuyers

custom homeWho doesn’t like the smell of something new? People love everything new. Does that apply to having a new custom home, too? They increase in value much faster than a house that’s already existing. But, they tend to cost more per square foot to construct or purchase than an existing home.

Everything inside a new home is brand new. Since you will be the first one to use the amenities, there is a chance that it may not be as trustworthy as the ones that managed to withstand the test of time. This is one of the things that are the points of debate when it comes to purchasing or building a custom house versus purchasing an existing home. There are positive points to each option but they also have their own set of disadvantages. First time home buyers must consider everything especially because it’s their first foray into the home buying game.

The Perfect Custom Home

Many homeowners believe that they can have their perfect dream house. But that’s not the case in real life. The reason has nothing to do with your budget but it all boils down to your needs, tastes, and vision, which tend to evolve, especially if you are a first time home buyer.

So what may seem to like a good idea one minute ago may come up short a few hours after.

Don’t Get Caught Up In The Excitement

New construction can be exciting. However, many first time home buyers get caught up with the thrill of making something that’s unique. In many cases, they end up realizing that their plans didn’t make any sense and didn’t relate to how they enjoy their houses. They may end up spending a lot on certain designs or features that they don’t need.

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What’s The Difference Between Production and Custom Home Builders

One of the few questions you’ll be asking first when planning your new home is if you would rather work with a custom home builder or a higher volume home builder, likewise known as production builder.

Both builder types are great options and each can provide an excellent new home for you. The decision will likely rest on the number of choices you wish to have and how much design input would you like to receive during the construction process of your home.

The primary difference between a custom home builder and a production home builder is quite simple.

A production builder can build a community of home according to a library of floor plans, each with a restricted range of options for personalization. On the other hand, a custom builder typically creates a unique home that provides a wider array of design options that is usually built on a single lot.

Here is a list of what you can expect from each type of builders.

Production Builders

The National Association of Home Builders or NAHB said that most production-based home builders offer packages that consist of home and land. They also provide a selection of house plans you can choose from. They also allow home buyers to choose their preferred design or style from a list in different product categories. Lastly, they build homes that are priced especially for luxury, move up or first-time buyers.

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Custom Home Construction Nightmares You Need To Avoid

custom homeBuilding your own custom home or starting a renovation could be risky. You have to know the many different risks, anticipate, plan, as well as solve them. You need to know the things that tend to go wrong on a custom home building or a renovation project and look for possible solutions.

Wrong Custom Orders

You have ordered the wrong custom material. Perhaps it was cut incorrectly or there was an unexpected flaw, that you cannot install as is.

Before you begin the project, you and your builder have made construction specifications. The construction specification is made to detail the materials that need to be ordered for the job. Check the project specifications with the custom order’s copy that was placed by the contractor with the supplier.

Blueprint Confusion

One problem you have to avoid is if your custom home builder are working off an outdated set of blueprints. This is going to be a problem for your contractor and it will cause a delay to your schedule.

Be sure that your subcontractors are using the latest plans. Don’t forget to date your plans to get rid of any confusion about which ones are current.

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The Essentials of Home Construction Loans

custom homeHaving your dream home built is an exciting experience but your enthusiasm can be tempered easily with the unfamiliarity and intricacy of mortgage loans for a new home construction. Understand the fundamentals of home construction loans and be prepared when the time comes that you have to decide if you want to build your custom home.

2 Types Of Custom Home Construction Loans

Home construction loans are available in two types:

Construction-To-Permanent – You borrow cash to cover the construction costs. Once you move in, the lender will change the loan balance into a permanent mortgage, making it two loans in one.

Stand-Alone-Construction – the first loan you will get is going to be for the construction costs. Once you move in, you will obtain a mortgage to pay for your construction debt. Unlike the first type, this is two different loans.

Construction-To-Permanent Loans

You will have lesser fees to pay because you just have a single closing with a construction-to-permanent loan. In the construction period, you will only focus on the outstanding balance. The interest rate is changing during the construction phase, which means it could move up or down based on the prime rate. In case the Federal Reserve decreases or increases short term interest rates while your house is being constructed, you can expect your interest rate to change.

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