Steps To Build Your New Home- Preparation steps. The process of building a new home long before the foundation is poured. The construction process is most efficient and exciting if you first develop a good plan and find an honest, competent builder. To avoid costly mistakes during the construction process, start with these five important steps. As you move from dream house to real house, be sure to ask questions and share your progress with people who have gone through the process.
Plan Your Budget
Begin considering the budget from the very moment you start thinking about building your house. Develop a realistic idea of how much you can afford to spend and how much it will cost to build a new home. The budgeting phase is really about balancing your wants with a realistic assessment of what you can afford.
Chances are you will need a construction loan and a mortgage. It’s not too early to find out how large a loan you can qualify for, based on your income and other financial obligations. Today, most banks and other financial institutions are eager to prequalify you for a construction loan, which will give you a ballpark idea of the maximum amount of money you can spend. At the same time, this early stage involves looking at what different elements of your new home will cost, including the land itself, the architect or designer, the general contractor who will manage the project, the construction materials, and appliances and interior features.
This is a complicated, time-consuming process that really should begin many months before construction begins. It’s not uncommon to take as much as two years to thoroughly research the issues before you sign a construction contract with a builder.
Choose Your Lot
If you have not yet purchased a building lot for your new home, talk with realtors to get a rough estimate of land costs in the areas you are considering. Although land costs vary greatly depending on local land costs, in general, you plan for 20 to 25 percent of your new home cost to go toward the purchase of the land.
Whether you are building your home in a suburban development or a site with sweeping ocean views, you will almost always need to choose the land before you select floor plans or other details. You (and any pros you hire) will need to investigate factors such as soil condition, drainage, zoning, and building codes in the region. Costs will be higher if your house design needs to be customized to fit the lot. If the house can be built on the lot using stock blueprints, it will help your budget.
Pick a House Plan
Many new homes are built using stock plans from a printed catalog or an online source. Finding the right plan can take some time. One place to begin might be deciding on your favorite house style. Get ideas from the many catalogs available, and if necessary, have a builder or another building professional—an architect or designer—help you choose the best stock plan for your needs. A home designer can also make minor modifications to the stock plans in terms of room size, window styles, or other details. Some builders can make slight modifications to stock home plans.
A custom-designed home, on the other hand, is created specifically for the family who will live there and the site it sits upon. In most cases, custom-designed homes require the services of a licensed architect. They ask questions like “Where is the sun in relation to the lot? Where do the prevailing breezes come from? How can we save money on long-term heating and cooling costs?” The architect should also ask exhaustive questions about your lifestyle and preferences.
Whether you opt for a stock or a custom design, it’s wise to choose a plan that will meet your needs for many years to come. A young couple may want to plan for more family members, for example, while an older homeowner should anticipate aging-in-place needs.
Line Up Your Team
Once a working budget, a building site, and home design are selected, you can now begin assembling the team of experts to design and construct your house. Steps to build your new home- preparation steps. Key players can include a builder, an excavator, a surveyor, and a home designer or an architect, if needed. In most cases, homeowners begin by selecting the builder (general contractor). That pro then selects other members of the team. However, you may also opt to hire an architect or designer first.
The big question is this: How involved will you be (can you be) in the process? While most homeowners hire a general contractor/builder to coordinate most or all of the work, it is also possible for a homeowner who wants to be deeply involved in the process to serve as his or her own GC. In this case, you will be hiring and supervising all the subcontractors—excavators, carpenters, concrete contractors, etc.—yourself. Working this way is not for the faint-of-heart, but for the right person, it can be a rewarding way to build a house, as well as one that saves money.
Negotiate a Contract
Be sure to get written, signed contracts for each building professional involved in building your home and crucial steps to Build your new home- Preparation steps, At the very least, this means a contract with the general contractor/builder, as well as the home designer or architect, if they are part of the process.
What goes into a building contract? A contract for new home construction will describe the project in detail and include a listing of all the parts to be included in the house—the “specs.” Without detailed specifications, your house will likely be built with “builder’s grade” materials, which can be on the cheaper side. Be sure to hash out the specs as part of the negotiation before the contract is written as part of the negotiation—and then make sure everything is clearly listed. Remember to amend the contract later on if you or your contractor makes any changes to the project.
The Bottom Line
The time spent completing the preliminary steps to building or constructing a new home in Nigeria can be an exciting period, but this is also a time to evaluate if new construction is the right choice. The process is a lot of hard work and it brings disruption in your life and the lives of those around you. You may well find that it is less stressful to shop for an existing home—either a pre-existing home or a newly constructed home that has been built “on-spec.” Or you may find that remaining in your existing home and remodeling it is a better option.
The decision to build your own home is sometimes undertaken for the wrong reasons. Building a new home rarely “fixes” a troubled life or a relationship. An important first step is to analyze your motives. Are you building a house because somebody else wants you to? Is it a diversion from some other life problem? Can you handle the additional stress in your life? Why do you want to build a home? Self-reflection may bring about self-awareness—and save you from many headaches. Can i use Deejoft Construction to build a new home in Nigeria?
But if your self-scrutiny passes these tests, then carefully following five key preparation steps will ensure that your project produces the home that you and your family deserve.