Are you thinking about building a house from scratch? Here are some basic tips you should know!
The decision to build a new house is an exciting and sometimes a chore, but it is very routine for the contractor, which is why you need to actively participate in all the features of the house building process to ensure that you end up with a beautiful home. Building a new home can't be an inactive activity as the owner has many decisions to make. If the owner is unable or unwilling to make the decisions, the contractor will be forced to make the decisions and seize the opportunity that the new home may not turn out as the owner planned or cost more than he thought. Here are things you need to know before building a new home:
Let your numbers plan
Before you start building your new home, do some calculations to see if you can build the home you want. Many home plans charge a fee to create a tool that will allow you to accurately evaluate taxes, construction costs, capital for down payments and slush accounts, and other related estimates. After determining that you can build the home you want, buy your house plan and go to the bank to check your financing. You should know that a home loan is slightly different from regular mortgage finance. You first need a home construction line of credit that can be used to pay for suppliers and subcontractors who operate and deliver supplies. After the house is built, you will need residential mortgages to pay off the construction line.
Check the reputation of the contractor
There are many contractors in the community, but not all are created equal. Do your research and find out which contractors have the best reviews and reputations. Whether you're researching data on the internet or getting recommendations from relatives and friends, you'll find out if the contractor has a reputation for doing a good job and being on time. Even if you are looking for a commercial contractor to install an office door or window, make sure they have good reviews.
Build with resale in mind
Regardless of how much you like the house you are building, it is unlikely that it will be the last house you will ever have. With that in mind, you need to consider the likely rate of resale. Don't add a lot of changes that can overpriced your local home. In addition, do not select anything that does not conform to the norm. Ask yourself if the features you are trying to install appeal to others.
Regular inspection of the construction site
Even if you have a contractor overseeing all activities, there are still issues that you would like to see and address in person and make some changes. While you may not have to go daily, you should visit a few times a week to monitor how things are going and make changes.
Make sure there is enough space
Storage is never high on the list of items you want in a new home, but it's just as important as the kitchen and chic bathroom with a spa-like setting. It's not the most exciting thing to plan out, but you'll wish there was more if you don't add it to your must-have list.
think green
Make sure you figure out how to get the most out of energy efficiency when designing your new home. The architect and contractor can ensure that all windows face south so that the house receives enough sunlight that can even heat the house. You should make sure that the bathroom, laundry room, and garage area on the south side of the house have small windows to reduce heat runoff. Spend some time choosing the HVAC and isolation systems as well as the energy efficient equipment.
The punch
The final phase of building a new home is going through the "hit list". Hole lists are lists that are created at the end of the development and show what is still needed or in which area the new house needs to be repaired. National Association of Home Builders contractors will build this list a week before it ends when you go through the final work.