Building 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.
What do you need to have in your custom home?
When you were still thinking of building your dream custom home, you most likely came up with a wish list. This includes the list of features and rooms that you want to have in your house. How many bedrooms and baths do you need for your family and guests? Do you want your kids to share bedrooms to maximize space? Were are you planning to spend most of your time in your home? How big do you want your garage to be and do you want to use it as a hobby room?
Be prepared to compromise
It is highly likely that your list of must haves is bigger than what can actually fit your budget. You should be prepared to compromise and make the necessary adjustments. The challenge that most people face is to find a balance between function and practicality while still getting the small custom home that they want.
Find the best custom home builder and like-minded partners
With your vision and budget ready, find a custom home builder and architect who have years of experience in creating top quality homes in a smaller scale. Tour some of the finished projects of home builders like Dawol Homes if possible. Get a feel of the place and experience the various room sizes as well as layout flow.
Don’t discount the suggestion that your professional team will offer you. An experienced custom home builder Myrtle Beach will have ideas on how to maximize space while still providing that custom quality that you are looking for. Always be open to suggestions to improve your original plan. With the help of the right team, you will not only get the home of your dreams but also save money on the construction costs along the way.
Call Dawol Homes if you are looking for a reliable custom home builder to help you build your small custom home.
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588