property investment

Building a home is exciting and nerve-wracking. The idea of providing a home for yourself or your entire family is exhilarating but making sure that everything goes smoothly—from purchasing a lot, choosing for builders, to getting permits—can be stressful.  Building a new home is a challenging undertaking, which is why you should consider plenty of things before starting. Paying attention to these things can lessen your stress, minimize errors, and ensure that you get to enjoy the entire experience.  

Own the house of your dreams by considering the points below before building a new home:

  • Architect 

Hiring an experienced architect should be on top of your to-do list before building a new home. An architect has the professional experience to help you fit your dream home into the site available, design a house suitable to your needs, lifestyle, and budget, and connect you to contractors who follow local regulations and construction safety precautions.  

Regardless of how simple you want your house to be, never start the project unless you have an architect working for you. Without an architect, you’ll likely end up with a poorly designed home that doesn’t promote comfort or look appealing.  

  • Program 

In the home building industry, architects would use the word ‘program’ to determine everything that goes into your house. In general, it is a list of rooms and built-in amenities you want to have in your house premises.  

Since the program influences the functionality of your home, the comfort of the people who will live in it, and the budget you need to prepare, have time to think about it. Most importantly, don’t pressure yourself to figure out everything in one day. Ideally, you can start with (how many bedrooms you prefer your house to have) and look into other details (should the bedroom have bathrooms and walk-in wardrobes).  

Use the information below when creating a program for your house.  

  • Kitchen
    • Do you prefer an open or closed floor plan in your kitchen?
    • How many built-in cabinets you need in your kitchen?
  • Living areas
    • Maybe you want to have more than one living rooms?
    • Would you like to have additional rooms, such as family rooms and exercise rooms? If yes, how big?
  • Workspace
    • What kind of furniture or equipment you want to fit in your workspace?
    • How many windows your workspace to have? 

Remember, different people have different lifestyles. Avoid copying too many details from the homes you find on the internet, and make sure that the home you’re building is perfect for you.

property investment

  • Budget 

Budget is one of the most important things to consider before building a new home. Starting the project without having sufficient financial resources can lead to delays and several construction problems, such as poor-quality materials.  

Aside from talking with your architect and contractor to know how much is the cost to build a home. Also, don’t forget to consider the points below when creating a budget. These expenses might be small, but when not appropriately budgeted, they can still cause a lot of stress down the road.

  • Construction (includes contractors’ fees, materials, and labor)
  • Foundation and framing
  • Interiors and exteriors
  • Outdoor structures
  • Electrical, plumbing, and HVAC (heat, ventilation, and air conditioning) system
  • County and municipal fees
  • Furniture
  • Moving expenses

As you’re creating a budget, don’t forget to include expenses for emergencies. If possible, allot at least 15% of the total cost of the home construction for contingencies.

  • Size 

One of the reasons you should hire an architect is that they can help decide the measurement of your home based on your budget and program. As a startup, think about the number of floors you want to have and how spacious you want the rooms to be. Once you’ve sorted out these things, you can assess the best size for your home.  

Before finalizing the size, ask your architect to do a marking survey to determine the legal development rights of your property. It distinguishes what you can develop in your property without compromising the size and quality of open spaces in your neighborhood.  

Remain Stress-free

You’ll have a lot of things on your plate once you decide to build a new home, so make sure that you have outlets to relieve stress. Take a break when you feel overwhelmed with everything around you, and never push your mind and body to the limits. 

Keeping stress at bay is essential to ensure that you’ll stay motivated and make the right decisions throughout the project!

 

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