Are you ready to embark on the journey of building your dream home from the ground up? This is an exciting and demanding process, but if you’re equipped with some knowledge and best practices, it won’t be nearly as daunting or overwhelming. Here are some tips to keep in mind:
Set a budget
Begin considering the budget from the very moment you start thinking about building your house. Develop a realistic idea of how much you can afford to spend and how much it will cost to build a new home. The budgeting phase is really about balancing your wants with a realistic assessment of what you can afford.
Chances are you will need a construction loan and a mortgage. It’s not too early to find out how large a loan you can qualify for, based on your income and other financial obligations. Today, most banks and other financial institutions are eager to prequalify you for a construction loan, which will give you a ballpark idea of the maximum amount of money you can spend. At the same time, this early stage involves looking at what different elements of your new home will cost, including the land itself, the architect or designer, the general contractor who will manage the project, the construction materials, and appliances and interior features.
This is a complicated, time-consuming process that really should begin many months before construction begins. It’s not uncommon to take as much as two years to thoroughly research the issues before you sign a construction contract with a builder. Source: TheSpruce
Find the best contractors
Your dream home can’t become a reality without the help of a contractor. And some contractors are better than others. Do your research and find the perfect contractor for the job to save yourself a big headache in the future. A few things to be on the lookout for when finding a contractor are:
– Online presence and reviews
– Testimonials and positive word-of-mouth
– Referrals
– Pictures
– Model home tours Source: MyMove
Observe trends carefully
Nothing betrays a home’s age like trendy, of-the-moment fixtures. Let’s say that Brazilian cherry hardwood is all the rage, then it goes out of style making your home look dated. Select fixtures and features that are classic so your home always looks current. Source: HGTV
As a roofing contractor with decades of experience, we understand the ins and outs of putting a safe roof over your head. If you need any guidance or assistance during this process don’t hesitate to reach out! Give us a call today and let us help you create the home you’ve always wanted.
Contact:
Kerrisdale Roofing & Drains
168 W 71st Ave, Vancouver, BC V5X 4S7
(604) 360-2114
