Building your dream home from scratch is an exciting project! However, building a home is a big responsibility that will require you to play many roles, from planning to budgeting to choosing the contractors who will handle the electrical and plumbing. Since this type of project requires a great deal of time, energy, and consideration, homeowners often overlook many aspects in anticipation of completing everything as quickly as possible.
Fortunately, we’re here to support you and give you essential advice on what you need to know when building a new home. So, without further ado, let’s dive into this blog and learn some things everyone ought to know before building the home of their dream.
1. Careful space planning
Since this is your dream home, you are free to plan the construction as you see fit. However, unless you plan to have a substantial home, floor and space planning will be a crucial part of the building process. Ask yourself how many bedrooms you will need. Are you planning to expand your family in the near future? Do you need more than one bathroom?
The layout of the rooms should be designed around your family’s needs and your own, as should the location of the plumbing and electrical systems. For example, if you’re thinking of adding a laundry room to your home, ensure it’s located near the bathroom or kitchen so that you can access water. Planning your home construction project should also take into account your habits and lifestyle.
Do you plan to stay in this house forever, or do you plan to move after a few years? If you have young children in the house, do you need to put in safety features? Think long term and short term rather than just in the moment. Storage is another important consideration for many homeowners. Pay close attention to the location of these storage spaces.
Each of the bedrooms should have at least one closet, not to mention additional storage space in the main hallway and the rest of the house. If you live in an area where the weather changes each season, having an entry closet for coats and accessories is absolutely necessary. Again, plan storage around your personal needs, as you will want to avoid taking up too much available living space.
2. Resale value of your future home
As mentioned, the house you build can easily be yours forever home. Even with that in mind, knowing how your home would perform on the market is essential. Do your research and consider the selling price of other homes in your neighborhood. Don’t ask for too high a price for your home.
Unless you are totally certain that you will live in this house forever, it would be wise to avoid anything out of the ordinary. Especially when it comes to the front of the house, ask yourself how attractive it would be to others. Finally, make sure you work with a trusted contractor if you want to achieve the desired results.
3. Budget
Before you begin planning your project, it is necessary to determine the exact budget for building a new home. There are many online tools available that provide adequate cost estimates depending on the size of the project and the materials you are using. Remember, in any renovation project; it is essential to budget for additional costs or problems that may arise during construction.
Many of these calculators will also provide you with the cost of taxes and tax benefit amounts, as well as information regarding down payment financing and other useful calculations. However, it is impossible to anticipate everything and plan every aspect. Once the floor plan is established and you have determined your budget, contact your bank or financial institution for more financing.
Financing a home construction project is usually different from financing a regular mortgage. In most cases, you will need a line of credit to finance the work in progress done by the contractors, and then you will need a mortgage to finish paying for the construction.
4. HVAC Systems
Heating, ventilation, and air conditioning systems are important elements to consider. You should invest the time necessary to choose the one that is right for you and install it properly. Not only should you choose eco-friendly HVAC models, but you should be aware that improper installation can lead to mold growth. If this happens, the situation can pose health risks to your family members and friends.
The size of your unit is another crucial consideration. If you choose a model that is too small, it will not be able to heat and cool your home properly, which will result in additional energy costs and expenses. Similarly, choosing a unit that is too large will also result in too much energy consumption. Choose the right model for your home by consulting an expert or by researching the systems available on the market.
Looking for help?
Are you searching for an underpinning, structural design, or even civil design professional? Then look no further than mtaCONSULT. They are here for all your construction-related issues. With over 20 years of experience in the field, their team of professionals will advise you on the proper steps to follow to take care of your home. So, what are you waiting for? Give them a call today and make all your dreams become a reality with the help of mtaCONSULT.
