Imagine your dream home for a moment. What are its features? How does it look? What are the unique details you would like to include in your design? Your vision is unique and not likely to be found on the market. Nothing can compare to the experience of building your dream custom home.
Building a home from scratch is rewarding, even though it may seem like a difficult task. It’s crucial to understand what you can expect so that things go as smoothly as possible. These are some things you should consider when embarking on a home-building adventure:
Find out how much you can spend on building a custom home
Unless money is not an issue, you will need to decide how much you are willing to spend on your new home. The cost of building your home will vary depending on what you choose, how much labor you pay, where you live, and the region you are in. You will be surprised at the cost of everything, from cabinets to contractors, so it is worth consulting professionals like an architect, custom home builder in Myrtle Beach, realtor, and a civil engineer to get a better understanding of what to expect.
Set a realistic budget
After you have received qualified advice, be specific about your budget. Make sure to include everything that you can think of for your new home. Materials and labor should account for approximately 75% of the total cost, but there are also fees and taxes, furniture and decor, as well as the cost of landscaping and other costs.
Choose the right lender to finance the custom home of your dreams
You will most likely need to borrow money to pay for the land or home construction. You should look for banks that offer real estate lending options such as construction loans and land loans.
Manage expectations when planning the construction of your custom home in Myrtle beach
While it’s great fun to write down every characteristic you would like in a home, reality hits when you actually see the list. There may be some concessions. Granite countertops, hardwood floors, and smart home technology. You have to be willing to sacrifice some things for others. If it can be upgraded later, you should consider other options.
List your preferred custom home builders
The right people are the key to building the perfect house. Some people may advise you to build your house later and find the land first, but there are others who believe you need to have experts before you make any decisions about where you want to live.
Find the best lot for your new home
Once your team is in place, it’s now time to search for land. It can feel overwhelming. To narrow down your choices, consider where you would like to live. Then, start looking into options within that area. Make sure you check the property history. This includes the sale price, development history, and similar lots. This will help you to formulate your offer.
Choose an architectural design
You have the option to design and choose the style of architecture that appeals to you, whether you work directly with an architect or through a builder. Although not all aspects of building a custom-built home are exciting and fun, this is the part that is truly enjoyable as it allows you to see your plans come to life.
Set a timeline
According to the U.S. Census Bureau, building new homes takes an average of eight months. It includes permits, construction, inspections, and any unexpected delays such as bad weather or supply shortages. You can see that the more complex the home is, the longer it takes to build. If time is an issue, you might consider a simpler floor plan.
Call Dawol Homes if you need the help of a custom home builder in constructing your dream home.
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9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
Dawol Homes Sales Office
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
We build homes in: Cypress River Plantation, Waterway Palms, Waterbridge, Murrells Inlet, Collins Creek, Bellwood Landing, Carolina Forest, Plantation Lakes, North Myrtle Beach, Socastee, Surfside Beach, Pawleys Island, Litchfield Plantation