In the US, more than 30% of homes are custom built. Making your own design and executing it can be exciting and an opportunity to learn.
If you want your house to stand out among all the other houses on the block than you should consider building your own home.
The joy, pride, and sense of accomplishment that you can have in your new home are unbeatable.
When building a custom home with a builder, like Oakmont Homes, it must first start with a solid plan. If you talk to home owners you will find that many of them just stumbled across a beautiful piece of land where they decided to build. When considering building your own home, you surely know that this is one of the greatest decisions you could have ever taken in your life, perhaps the biggest project that requires a lot of your time, your patience, nerves, and especially a lot of financing.
So building your own home, as enthusiastic you may be about the idea and eager to finalize the project as soon as possible, must be wisely done, professionally and so that, after a while, you will realize that time is one of the biggest investments you could have ever done, as your house is very well structured and safely build. A job well done spares you from other additional costs for repairs and renovation in a time shorter than expected.
Remember that building a home is not an easy process and if you are doing it all by yourself it will take a long time. A time frame for building your own home can stretch from one year to four years. However at the end, you will get something that is specially built for you per your requirements. If you work a full time job and have kids, it should be something that you do as a hobby at first.
This is a good strategy unless you are paying a company to do the building for you. If you don’t think you can afford to pay for a custom built home there are solutions, one you could build the home in stages this will give you more time and you won’t have to pay for the entire house at once, or two take out a loan.
Here are the 5 Things to Know Before Building Your Own Custom Home
Land Acquisition
It all start with the Land acquisition. It depends a lot on the availability of the land you wish to purchase. This process may take a lot more than expected, as it is hard to find availability of land in the area you desire. You should start searching for the piece of land with a few months before starting building the house.
Home Design and Approval Process
This step depends a lot on your financing considerations and on the local government. Consider at least four months to this stage.
Custom Feature
Giving list of your features and specifications you want to include in your custom home to the developer.
Construction
You can hire an agency or a developer who are experienced in this job. You can also provide them the raw material yourself and they will just do the construction. You can get a loan for this and need to respect the term given. For example, most lenders provide a 12-month construction loans. It also depends on the size of the house to be built.
Landscaping and Moving In
After the house construction project is finalized, you can start landscaping. You may be required to start landscaping within a year of completion, depending on the neighborhood.
Being in control of your house’s construction from start to finish allows you the luxuries that you wouldn’t normally have, such as architectural metal cladding. You will have the capability of negotiating prices on construction materials and updating plans.
There’s no doubt that If you have the means (and the means are easy to come by), building your own custom home is preferred by nearly everyone.
