Purchasing a new home is one of the most significant investments many people make, so it’s understandable that buyers want a house that they love. Sometimes it’s challenging to find one that meets your every need, which is why many people opt to hire professional builders instead to construct one from the ground up. If you’re planning on going this route, contractors recommend doing the following before starting the project.

What to Do Before Construction Can Begin on Your New Home

1. Understand Your Budget

Knowing how much you can afford on the construction process and ensuing mortgage helps you avoid potential financial issues down the road. It’s always better to overestimate the cost of expenses since homeowners insurance, new furniture for the property, and utilities will have to be paid for as well.

2. Find the Right Land

When deciding where to build your home, consider the government zoning requirements to ensure you can construct the type of house you want without being penalized. Visit the land you’re considering multiple times to check that there are no unpleasant smells or sounds nearby. Have it inspected for potential natural hazards like excessive flooding.

3. Plan for the Future

If you only build for the life you have now, you’ll likely need to move or have renovations performed down the road. Avoid this by designing a space to suit your potential changing needs. For example, have enough bedrooms for the desired future size of your family. If you plan to retire in this home, design it to be one story with wide hallways for easy mobility.

It’s also helpful to plan for the time when you want to list your home. Creating one that is energy-efficient, in an area experiencing growth, and not overpriced for the market makes it easier to sell it down the road.

4. Shop Multiple General Contractors

The right contractor is crucial not only in ensuring the home is built correctly, but they’ll also help you avoid costly fines. Many financial lenders charge interest and penalties if the project is not completed in the agreed-upon time frame. Delaying your move-in date sometimes means having to find temporary accommodations as well.

Follow the Federal Trade Commission’s guidelines for finding the right contractor to avoid these issues.

 

If you’re planning on building a new home, contact the expert home builders at Stonewood Builders, LLC in Lincoln, NE. As one of the area’s premier general contractors, they’ll work with you throughout the entire process to make sure your home is built on-time and to your exact specifications. Schedule a consultation by calling (402) 613-8854 or learn more about their past projects online.