There are many things you need to know when it comes to building a custom home. A few of the factors you need to consider before you begin the project are listed below.
Defining Your Dream Custom Home
Spend time to think about how you want your dream custom home to look like. What’s the best design that will fit your lifestyle? What do you wish to accomplish when you live in your new home?
- Do you prefer a federal, modern, craftsman, Greek revival, or something completely unique?
- What are the rooms that you need to have? How many living areas, bathrooms, and bedrooms do you need? How about the mudroom, playroom, laundry room, and dining room? Do you need a special place for your pets?
- How big do you want it to be? Always remember that the size of your home will affect your taxes, utility bills, and more.
- Will you sell the house in a few years? If yes, then you’ll have to go with a design that is reusable in the coming years.
- If you have plans to age in place and you wish to stay in the house for a very long time then you should consider a universal design.
- Do you want a multigenerational house?
- Do you want an eco-friendly house?
- Are there any weather issues in your preferred location?
Choose A Location
- Do you need a place that’s close to your job, friends, or family?
- Do you want a spot that’s close to businesses as well as conveniences?
- How about the school districts and private schools?
- What is your preferred property size?
- How big do you want your parking space to be?
- Do you prefer a location with a great view?
- Do you want it to be close or far from other homes?
- Do you prefer a city, rural, or suburban lifestyle?
What’s Your Financial Situation?
Just like any other project, you need to set a specific budget. Building a custom home will be more stressful if you are financially strained. You don’t have to break your bank in order to have your dream home. Just be sure to focus on your main priorities.
- Consider all the fees, taxes, and expenses before you commit to the project.
- You should have a fudge factor of 15% or more on top of your expected cost for the project.
- Save money in advance.
- Estimate what you can afford using a house affordability calculator.
- Talk to a reliable financial councelor.
- Obtain at least three estimates from different banks for your mortgage loans so you can cut back on the interest rate.
- How much will your property taxes, insurance, and utilities cost after you’ve built your custom home?
Choose a reputable custom home builder like Dawol Homes. This is one of the most important decisions that you will make. If you want to reach your goals, you’ll have to work with one who has been in business for years and has the skills and experience to get the job done just the way you like it.
Call Dawol Homes now and discuss your options if you are thinking of building a custom home.
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588