Who doesn’t dream about living in a ‘dream home’? Custom building a home can make this dream come true, only if you get the right builder. Otherwise, it can turn into a mess you never imagined. Building a home from scratch is an exciting experience but it can exhaust you physically, mentally and financially. It is a routine process for the builder, but for the customers, it is like realizing the dream. If you want to build the house exactly the way you have imagined, you have to be actively involved in the custom home building process throughout. Choose the best new home builders Adelaide to make the entire home building experience hassle-free.
For building a home that is close to your ‘dream home’, there are many decisions that should be made only by you. If you leave the choices to the builder, you might get to see a house that is far different from your imagination or the cost of the project might shoot up unexpectedly. In order to stay within your budget and build the home the way you want, it is important to clarify a few points with your builder before the project commences.
Decide your budget and stick to it:
How much are you willing to spend on your dream home? This will be one of the first questions asked to you when you meet the builder. Custom home building process demands utmost clarity regarding the budget. If you do not have a clear idea about it, there are possibilities it will shoot up beyond your imagination, else the quality of construction will be compromised. First, decide and discuss your budget with the builder. Discussion with home builder Adelaide will help you get an idea about the construction cost. Also consider tax benefits, funds for the down payment and slush fund while you are fixing a budget for home building.
After you finalize the budget, you can approach a bank for further financing. Getting finance for custom home building is different from regular mortgage financing. You will have to pay subcontractors and suppliers a huge amount at the beginning of the project to start the work and provide supplies. For that, you will need a home construction line of credit. The residential mortgage will be required at a later stage after your house is constructed.
Thoroughly check your builder’s background:
You are putting a huge amount at stake by trusting the builder with the project. That is why it is recommended to spend a considerable amount of time in checking the background of your builder. There are many builders in Adelaide who offer custom home building services but not all are up to the mark. Ask for recommendations from your family and friends. You can read the builders’ reviews online. Many customers share their real-life experience on online platforms. So, thoroughly go through it before you finalize the builder. Do not compromise on the quality for a few bucks. Remember that custom home building is more like a one-time investment. Choose a builder who is reputed for good quality work and punctuality.
Will it be easy to resale?
Nobody thinks about selling the home while building it. But you never know, in future, you might have to sell it. People change home due to several reasons like growing family, neighbourhood, upgraded lifestyle etc. Therefore, while building the home, you should choose a design that has good resale value. If you build a very costly house for your neighbourhood, there are chances that in future you will not get expected appreciation. In addition to that, choosing something extraordinary comes with a risk of others disliking it. So, even if you are building your dream home, keep in mind whether the look, design and feel will appeal to others or not.
Build an energy-efficient home.
The design of your home can increase the energy-efficiency of your house. A good builder and architect can provide you professional guidance regarding this. For example, south-facing windows let more sunshine in ensuring warmer home round the year. If you prepare house design accordingly and build south-facing bathrooms, laundries and garages, heat loss will be very limited. It is wise to invest in energy-efficient appliances and insulation systems.
Create a punch list:
Thoroughly check the construction once the work is done and create a punch list. Punch list should consist of details of what work is still pending from the builder’s end and what needs repairing. Try to create the list at least a week before the work is completely over. So, if there are any changes, you still have some time to discuss with the builders. Taking notes during every visit to the construction site makes creating a punch list extremely easy. As a customer, you will always see faults better than the builder or the architect. Do not shy away from sharing your concerns with them. You should make sure that before you enter your dream home, all the problems mentioned on the punch list are addressed. You should preferably make full and final payment only after that.
Building a home from scratch is almost like living a dream. But as mentioned above, it demands active participation from your side during each and every phase. It is better to clear your doubts than regret later. Keeping that in mind, from the beginning of the project to the end, share your doubts, worries and anxieties with your builder so that when you step into your new home, it is exactly like the one you envisioned.