Owning your own property has always been a big deal. In today’s society with rising house prices and ever-growing mortgage rates, it’s truer than ever.
For most people, a house will be the biggest investment of their lives, so there’s a lot of pressure to make it count. While most prefer to buy whatever’s available on the market, others want to invest in a house that’s just right for them. More often than not this means building it themselves.
So with that in mind, here are 4 things you should consider before building your own home.
Make Sure You Choose A Good Location
Location is one of the first and most important decisions you’ll make when deciding to build your own house. It’s essential you make sure the plot of land you choose has access to adequate water sources, drainage systems, and utility lines among other things. Without these, you won’t be able to build a house that functions.
It’s also important that you check the legalities surrounding your plot of land. Making sure there are no problematic local zoning regulations or restrictions in place is a crucial part of the journey towards your ideal house.
Lastly, it’s important you make sure the surroundings are too your tastes, this can include anything from checking there’s not a noisy rail line next door to seeing how far away the closest grocery store is.
Create A Solid Floor Plan That Works With Your Budget
The inception of your house needs to be absolutely air tight before any work can be done on it. Make sure the rooms are large enough for all of the furniture you’ll want to put in. Ensuring all the rooms are naturally lit is another key factor in designing your own home.
Once you’ve worked out a budget for the project make sure the plan is well within it. Make sure all expenses are covered within it. This can include the cost for cement, painting, and construction costs to name a few.
It’s also responsible to have an emergency reserve fund just in case things do go wrong during the actual build.
Hire A Professional And Trustworthy Contractor
Now you’ve found a good plot of land, you need someone to help design and build your house.
There are often lots of good local contractors that can help with the design and construction of your house. For instance, in the Idaho area, a quick Google of “Meridian home builders” brings in some good results.
The contractor you hire must be experienced and have a portfolio of past projects for you to look at. Looking at their past works gives an idea for how well they’ll be able to construct to your specifications. It’s also essential they have a good reputation for meeting deadlines so construction will go smoothly and on schedule.
Consider The Resale Value
When building a house, it’s nice to imagine you’ll live there forever. But situations do change and it never hurts to think about how building decisions will affect the resale value of the house. Make sure the house is built to last on strong foundations and in accordance with all the HVAC regulations.
A more up-to-date house will sell far more easily than one that needs maintenance. Aspects of the locations and the design of the house can also factor into things. A larger house with more bedrooms and floor space will sell for more than a small one-bedroom house. Similarly, a house closer to amenities will sell for more than a house completely removed from society.
These are all things to consider while choosing where to build, and constructing your house. Good luck with the build!