If you decide to have your home built from scratch instead of buying a move-in ready property, there are different factors that you need to consider. Working with experienced builders like Enso Homes can make the custom build process simpler and easier to understand. But you still need to find out if this is truly the right path for you.
Do you have an idea what a custom home involves?
Nothing beats having your dream home built based on your exact visions, but this also requires a huge commitment.
- Ask yourself if you want the convenience of a move-in ready home or the challenge of a custom build.
- It’s up to you to choose a block of land where the property will be built and decide whether it suits your design ideas and the council rules.
- You have to be involved in the entire building process from planning to completion.
- Construction can last for several months to a year, depending on your home’s size and design complexity. Expect unexpected delays to happen along the way, which can further stretch the project timeline.
Do you know exactly what you want in your home?
One of the reasons people choose to have their home custom built is the level of customisation they can explore.
- Make a list of things you must have and those that you can live without. You always have the option to renovate at some point, anyway.
- Decide between the quality of land and the quality of your home. Perhaps the price range in your choice of location may mean sacrificing your home build.
What is your budget?
- You have to have enough to buy the plot of land and build the home. Otherwise, you have to sacrifice one for the other.
- Don’t forget to include any ongoing expenses you have to pay, such as mortgage and taxes, in deciding on a budget.
- If you don’t have enough budget, see if you have easy access to a mortgage or construction loan. Again, include the monthly repayments in your overall budget.
Do you have a location in mind?
Where you choose to live can affect the overall price of your home, some neighbourhoods are more expensive than others, especially with their proximity to schools and hospitals.
- Land may be cheaper in some regions, but there might be expensive trade-offs.
- You might have to choose between location and home instead of getting both, requiring you to be more flexible in your choice.
There are many considerations that go into building a custom home. What’s really important is that you understand what a custom build involves and what decisions you have to make throughout the entire process. If you need clarity and professional advice, consult Enso Homes