Did you know that there were just short of 1 million homes built in 2020?
If you’ve been wanting to build a new home, there are a few things you need to consider before you dive head first into it. When building a home, you are going to be faced with some problems as well as unexpected costs. You’ll want to prepare for that.
If you are ready to build a new home, read this guide to learn more about what you should know before so you can prepare for the unexpected. In the end, as long as you are prepared, it will all be worth it!
Create a Budget
Building a home is going to cost you a lot of money. And even what you plan to spend on the new home cost will most likely change as time goes on and the building progresses forward.
On top of those hidden costs, you may not even be thinking about the cost of everything else. For instance, when building a home, there needs to be trash removal as well as sanitation. There has to be proper insurance, too.
All of these things cost money and need to be a part of your budget.
When creating this budget for building a new home, you need to include the aforementioned costs as well as everything associated with the build:
- Hiring a company to build it
- The layout you want as well as how big you want the home to be
- Appliances and interior cost
These are just a few things to include when creating your budget.
Choose a Design
When you start to build a house, you need to have some type of design in mind. Without one, your design is not going to get very far.
For starters, think about whether you want a one-story or two-story home. How many bedrooms do you want? Does the number of bathrooms matter to you?
These questions should all be answered in your head (or on paper) before you choose a floor plan for your home.
Decide on Location
Before you build your home, you need a location for that home to be built on. Because you are building it through a company, you can choose just about anywhere to build it as long as there is a plot of land for sale.
Instead of having to go into a pre-built and designed neighborhood, you have more freedom when it comes to your location. There may be a lake you love with land for sale that you want your home built on, or you may want a property on the beach!
The decision is yours when it comes to a custom-built home. If you are in Florida, consider a custom home builder in Fort Myers, FL to help you with your build!
Buy the Land
Once you decide on the location, the next step is to buy the land. If you already have land that you own in an area that you are wanting to build on, then you can skip this step!
Depending on who the seller of the land is, you may be able to work out a financial plan if you do not have all of the money upfront (especially if you are saving some of it for the house itself). You may be able to take out a loan to help pay for the land overtime.
When buying the land, make sure to take a look at the local rules and ordinances surrounding what you can and cannot do with a house build. This will ensure you do not run into more issues later.
Hire a Contractor
Odds are, you are probably not going to build this home all by yourself. You will need to hire professionals that know what they are doing and know how to build a home.
When it comes time to hire a contractor, you should do your research to ensure you are hiring the best in the area. You should also ask for prices and quotes for the specific project you are thinking about doing.
You may also want to ask about the custom plans they can do. If they have preset floor plans, where they are allowed to build legally, and what their insurance policy covers in case of an issue. Asking these questions will ensure you are working with the best contractor out there.
Cover Your Legal Bases
At this point, you have your land, your floor plan, and design, and you have a contractor who is going to complete the project for you.
Now, the last thing you need to do is to make sure you have your legal bases covered.
You need to find out if you need a permit to build on that land, deal with insurance for the home build itself in case something goes wrong, and ensure that everyone who is working on the house is a licensed professional and is cleared to do the work.
Build a New Home in Fort Myers, Florida
If you are looking to build a new home in Florida, you want to ensure you follow this guide for building a new custom home!
When you do, you will want to contact us to be your contractor for the project! We have beautiful floor plans, years of expertise, and great reviews from previous clients.
So what are you waiting for? Let’s get started building your dream home today!