The decision to build your own home is a massive life commitment.
Once you’ve made that milestone choice, it can be overwhelming to consider next steps. If you’re ready to build and wondering “what next,” or if you’re still on the fence about committing, here are four simple questions to ask yourself:
1. What is your building budget?
Your first consideration will be assessing your budget to determine if building is right for you. Knowing a rough target range in advance will help guide your decisions on where to build and how big to build. Keep in mind that there will always be needs you can’t anticipate; we suggest that at least 10% of your budget should be allocated for unexpected expenses along the way.
U.S. News offers some great advice on financial pitfalls to avoid in this article.
2. Where are you building?
One of the most important questions to ask yourself is what kind of neighborhood you want to be in for the long haul.
When you’re looking at an area to build, make sure you’re thinking about not just what resources are there now, but what other developments might be taking place over the next few years.
If you have questions about zoning, Forbes suggests visiting your local city planning office, where you will be able to access public records, such as maps. To locate your assessor’s parcel number (APN), go to your county assessor’s website. All property records are open to the public.
3. What are you building?
Remember that you have the freedom to make this house as much your own as possible. Decide on what features are must-haves for your lifestyle. Think ahead to your future and the needs of your family: do you need room to grow? Yard space? Room for a home office?
At her blog The Sunny Side Up, writer Erin shared the things her family learned when building a house: “Think about how you will live in the space. We measured our kitchen nook several times and ended up making it a bit bigger at the last minute because we were taking into account how much room we would need to be able to slide out chairs and still walk around them comfortably.” These little details will define how much a house feels like it is truly your own.
4. Who are you building with?
Once you you’ve landed on all of your priorities for creating your own home, you’ll want to make sure you have the right team around you to turn your vision into reality. The process of building is a lengthy one, and you’ll be seeing a lot of your contractors.
Make sure that the crew you hire is easy to communicate with, well-reviewed and knowledgeable in the kind of construction you want to undertake. Keep in mind that in addition to building, you may want to hire someone to oversee landscaping and decorating your newly built space.
Find out how WillowTree Luxury Homes can offer our services to help you create your dream house!