Building a custom home is an exciting experience, but it can quickly turn into a financial nightmare if you’re not careful. It’s essential to establish a budget from the start, and stick to it to ensure that you’re in control of your finances. However, creating a budget for a new build can be overwhelming, particularly if it’s your first time. Thankfully, you have the team from Sunset Builders, Inc. to help guide you on how to plan for a custom home.
Determine Your Must-Haves & Nice-to-Haves
The first step in your plan for a custom home is to determine your must-haves and nice-to-haves. A must-have is a feature you cannot live without, such as the number of bedrooms, bathrooms, or a particular type of flooring. Nice-to-haves are features that you would like, such as a large deck or pool.
Choose Your Team Wisely
The contractors and designers you choose are critical to your custom home-building project’s success. They can make a significant difference regarding your investment and the quality of the final product. Look through the competitors’ portfolios and see if their styles align with your vision for your home. Don’t hesitate to ask questions or to nix them if they just aren’t a good fit.
Be Flexible
Flexibility is key when building a custom home. Everything won’t go as planned, and changes will need to be made during the project. By being flexible, you can save money and time in the long run. However, making major revisions while the home is under construction can be expensive. So try to design the project correctly from the start or anticipate potential issues that could cause delays.
Don’t Forget about Closing Costs
Most people focus heavily on the actual cost of building the house, meaning the closing costs can easily be overlooked. Closing costs include attorney fees, loan origination fees, processing and transaction fees, and more. It’s essential to account for these costs as they can add tens of thousands of dollars to the total cost of housebuilding.
We’ll Guide You Every Step of the Way
The team here at Sunset Builders, Inc. is full-equipped and ready to help with every step when it comes to planning for a custom home in Manchester, NH. So, if you’re ready to build something that’s completely yours, start with our complimentary design consultation. And, don’t forget to ask us about our custom garages for all your toys or workshop needs. Contact us today at (603) 533-7504.