It can be challenging to find your dream home that is also in the best neighborhood and within your budget. If this is the case, a new home build could be the ideal solution for your family. If you’re about to embark on this monumental project, you’ll need to spend a considerable amount of time preparing. Use these three steps to find your footing before breaking ground.

3 Steps to Take Before Building Your Dream Home

1. Set a Realistic Budget

Before you can start making concrete plans, you need to find out what kind of project you can afford. New home builds are an excellent way to incorporate every wish and whim into your living space, but the costs can add up fast. In addition to materials and labor costs, there could be other aspects—such as permits—which you’ll only find out about after consulting with a professional. Once you have an estimated budget, be prepared for some modifications in your first meeting with a contractor.

2. Find the Right Team

With that being said, you’ll want to assemble your team of new home build experts as soon as you’ve decided to move forward. The earlier in the process that you find these professionals, the less trial and error you’ll have to contend with down the line. A lawyer can tell you from the very start which modifications won’t be accepted by the existing community, and an architect can tell you what part of your vision isn’t structurally sound. A contractor can tell you immediately what materials are out of your price range, and a real estate professional will fight to make every item on your wishlist a reality.

3. Create Your Ideal Schedule

Once you have a rough outline of your project, you’ll need to figure out how long it will take to complete. If you’ve already sold your house, you might need to find a temporary living situation, and this could affect your commute to work and when you can pick the kids up from school. While a shorter timeline may be more cost-effective and convenient, this is a process you don’t want to rush. Make sure that the contractor is confident that they can complete your new home build within the timeline you suggest.

If nothing on the market is meeting your needs, turn to Move Realty to start planning your new home build. This Cottleville, MO, company offers a wide range of services, from selling area properties to coordinating new construction projects. Should you decide to sell down the line, they can also step in and guide you to the right buyers. To learn more about their services, visit their website or call (636) 233-8334 today to schedule a consultation.