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6 Things To Consider When Building a New Home - Finnegan Pierson - Blog

6 Things To Consider When Building a New Home

Building a new home can be as exciting as it is stressful. Getting the opportunity to customize a home to suit your needs and tastes is really a treasure. You might be about to build the home of your dreams or at least a home that meets all your immediate needs. Before you dive headfirst into all the nitty-gritty details of customizing your own house, bear in mind these seven things so that you are mentally prepared for this monumental task at hand.

  1. Budget

The number one thing you need to consider is your overall budget. Yes, there is the cost of the actual building of the home, but there are also your monthly costs to consider too. You can know how much you need your final mortgage amount to be, but you also want to factor in your other monthly expenses associated with the home. For example, get multiple different home insurance quotes for your planned home so that you know you are staying within your budget. Factor in your potential utility costs as well for the size of the home you are building. This will ensure that you aren't exceeding your means for the total cost of your new build.

  1. Resale

It seems odd to plan out a home customized for you and still be thinking through resale potential, but it's a wise thing to keep in mind. While you may intend to live in this home for the rest of your life, surprises come in life all the time. It's best to not do anything too crazy that might put off potential buyers down the line. Definitely give the house your own unique style and flair, but try to steer away from design choices that wouldn't be appealing to the average home buyer.

  1. Position

If you have the option to think about which direction your home faces, then it is really important that you take the time to pick the best option for your tastes. If you like lots and lots of light you might want to think about your home facing east and west to get the most potential light. If you are concerned about too much sunlight in your bedroom waking you up or keeping your kids up during the summer, then facing north and south might be a better option.

  1. Layout

A simpler layout will result in some savings in the overall cost of your home, but make sure it is functional for your life. When planning the layout you also need to bear furniture placement in mind. Nothing is worse than thinking you have the den of your dreams, only to discover on move-in day that you didn't allow enough room for your favorite couch. Do the detailed work beforehand to make sure you don't have any disappointments when you are finished.

  1. Storage

Planning for ample and useful storage space is an advantage of home building you do not want to overlook. Think about the items you need to tuck away but need easy access to and make sure you have all the closets you might need. If you tend to have lots of tools or seasonal items that you need storing safely you could add a full walk-up attic or easily accessible basement space.

  1. Timeline

It's also very important that you go into building a house with the expectation that there will be delays and hiccups along the road. Construction in general is not a black and white subject. There are always all sorts of surprises with remodeling projects so you should expect the same even with new construction. Have a backup plan for your backup plan so that you are prepared for the roller coaster ride of the building process.

If you are well prepared for your home building process you will truly get to enjoy all the different highs and lows along the way. When it is all said and done you will get to appreciate all the hard work and effort your put into building your home.


Publish Date: October 7, 2021 6:22 PM

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