Buying a New Custom Construction Home? What You Need to Know

Building a new construction home takes a lot of planning and budgeting. This article will help you understand what it takes to build a new construction home.

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Information About Building a New Construction HomeBuilding a custom Franklin TN home can be a rewarding and thrilling experience. If you're a home buyer who is thinking about building your own home sometime in the near future, these tips can help. By planning properly, budgeting properly and by hiring a professional and capable builder, you can have a positive experience building a home.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Plan Properly

The great benefit of building a home from the ground up is that the buyer can design a home where he or she can live happily for many years to come. Often, a home buyer's needs will change as years pass. Home owners who want to stay in one home for years or decades must take into consideration all of the many needs they will have during their time in that home. Some of the features that home buyers can benefit from adding include:

  • Extra bedrooms for future use.
  • Yard space or proper landscaping for a garden or pool.
  • Age in place features like a curb-less shower, non-slip floors and extra lighting.
  • All rooms on one level of the home, to ensure the safety of the very young and seniors.

A home buyer who is not sure what type of features that he or she will want in many years may be able to get some suggestions from their home builder.

Sustainability

For many homeowners, planning properly involves prioritizing sustainable, green home features. Sustainability is what makes a home efficient and affordable, and can help keep a house comfortable over many years. There are many sustainable features that home buyers can build into their new construction homes, including:

  • Smart home features. Many smart home features can be optimized to use as little energy as possible.
  • ENERGY STAR appliances. ENERGY STAR appliances are among the most energy efficient appliances that home owners can buy.
  • Solar panels. Solar panels generate clean energy and may supply nearly all the energy used in the home.

These sustainable features and many others are the type of features that homeowners look for when they're designing a sustainable home.

Budget Right

Building a new home can be more expensive, so budgeting properly is important. Developing a budget before beginning a home building project can help ensure that the project is affordable. Home buyers are encouraged to work with a home builder who provides a detailed bid that outlines all expenses. It's also helpful to work with a financial planner before purchasing a new home. A good financial planner can help a home buyer to stay within budget and avoid expenses that will cause undue stress.

During the home building process, it's common for extra expenses to come up unexpectedly. Sometimes these expenses happen when the home buyer decides to splurge, other times these expenses come up because of issues with the home building process. Either way, it's a good idea to build a margin of error into the home buying budget. This way, when these unexpected expenses arise, the home buyer can afford the extra expenses and the home buying process can continue.

Contact a Reputable Builder in the Area

It's important to work with a reputable builder when building a new construction home. If you're a home buyer thinking about building a new home, contact a reputable builder in your area to get started today.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Posted by Gary Ashton on
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