How You Save $15,000 When Building a house

Congrats. You have made it to this page because you have chosen to embark on one of the most exciting journeys you will ever undertake. It is one of those journeys that separate the men from the sheep, where you will end up testing yourself.

You will likely find out that you end up making inevitable mistakes along the way, and that is fine. It does not mean that you can’t do anything to avoid making mistakes when you’re building the home of your dreams. You have made it to this page already shows a particular commitment to preparing yourself for the journey.

It isn’t a minor decision. It is one that you will need to convince your entire family is a good one. If they’re not on the same page as you, it will only make it significantly harder for your relationship. It will also create a lot of tensions in the family that you would probably instead want to be without. You naturally can’t start the process if you don’t have a spouse on the same side as you. It’s a project you don’t want to do by yourself.

There’s no denying it is a lot easier to find a house available on the market that has the most features you want. There’s also no denying that it is a lot more exciting if you choose to start the process from scratch. Be sure you get the house you want!

You can be a lot pickier when ensuring that the home has all your desired features. When you buy an existing one, you probably settle for one with most of the features you want.

designer working on blueprints

If you choose to buy instead, you might not be able to get that big dream kitchen. You have gotten to a point where you have been actively going to open houses for a couple of months. You are now feeling like something needs to start happening. It needs to start happening soon!

Suppose you have already been looking for a couple of months. You probably already know that chances are you are getting tired of looking at different listings. You have already put in a couple of offers that you didn’t end up winning. It can be very demotivating.

There’s nothing more demotivating than spending hours viewing listings and putting offers for nothing. Maybe someone outbid you by a small amount of money. Perhaps it’s constantly happening. You might even have been willing to increase your bid to get it if you had known the difference was so slight.

It could end up being that blessing in disguise. You do not just realize that you shouldn’t be settling for one of the houses you started looking at. It could be when you decide that getting everything you want is the right decision. And that may involve building your own!

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Features to consider
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Should you build your own or is it better to just buy?

There are situations where it would be very appealing to build your own. We will not pretend like it’s the right decision for everyone. We want to take you through the considerations to determine if you are making the right decision. Will your home-building dreams put too much strain on your marriage?

contracator looking at house plan

Have you ever heard stories of some of those incredibly wealthy property developers?

You’ve probably realized that they’re not just doing it because they have a passion for building homes. There can be a significant financial gain in building your own rather than simply buying one. There’s a reason you will pay top dollar if you look at new construction in the up-and-coming areas.

Real estate developers may appreciate their profession. There’s no denying that there’s also a financial consideration to it. You will take some of the stress upon yourself. If you choose to go through the entire process, there’s a good chance that you can stand to make a significant financial gain. Make sure there are certain principles you follow along the way.

You should also know that it’s likely to be a stressful process. Building materials that end up not showing up. It can set you back significantly. It can eventually mean you will only be able to move into your new home months after planned. Always make sure you’re not being thrown out on the streets if the process takes 3 months longer than you thought.

Suppose you’re currently renting a place that you plan on moving out of. Make sure you have enough of a buffer so that your lease doesn’t end up forcing you out too early. Suppose you own the current home that you live in. In that case, you have some more liberty when it comes to building a new home. It may not be convenient to stay there longer. At least it’s more doable than having to move several times or live in a place that is missing essential components.

You can make a large chunk of money when they’re building things themselves is by being handy. Use your hands and do some of the parts of the project that you’re capable of doing. You may help speed things along by assisting. You will want to be careful about depending on doing a lot of the work yourself if you have a deadline you are working with. It becomes essential you work with the right general contractor for the job. It will ensure there are a set of milestones and that all of them are being met. That way, you can stick to the plan.

We have all heard the various stories of families trying to save a little money. Rather than working with the right general contractor, they work with the one who seems a little cheaper. It may work in some instances. There is a reason they can offer the rates you are getting the contractor from.

You often end up getting what you pay for. If you save a bunch of money by hiring someone cheaper, maybe they aren’t good at managing milestones. You end up in a challenging situation as a consequence. You need to sit down and have your building priorities straight.

woman choosing colors

Someone who looks cheap to hire could be expensive because they make mistakes that need to be corrected. The flooring ends up being installed poorly and needs to be redone. Perhaps they employ an electrician who does not have the licenses they need. It means you might run into a lot of trouble when the inspection team comes around. When things aren’t done with the necessary licenses, they will be highlighted when you try to sell them later. Suddenly you will run into a lot of issues getting things repaired. When the rules aren’t being followed, people will be unwilling to offer a home without strict contingencies. You can also ensure that your home will eventually sell for less than you hoped. It is likely also to take longer than you were imagining.

These are all considerations that are likely only to become an issue many years from now. Working with the right contractors is an essential aspect of the home building experience. You may be tempted to save a little bit of money in the home building process. It’s vital you also consider the time horizon you are working with.

Are you planning on living in the home for 5 or 10 years? Do you plan to sell it at that? Or is it a house that you plan on retiring in when that time comes around? They’re some critical decisions. It’s especially the case when you already know that you will eventually be selling the home. It is essential to consider when you are building it.

It may seem premature to think about already selling it when you haven’t even applied for the building permits. Still, you’re setting yourself up to be better financially by doing so.

There’s also no denying that whether you value convenience or customization more is a big question. Building your own home may not be the right choice if you feel more drawn to comfort. If customization is important to you, it may be something to explore.

When you buy a home, you already know which mistakes were made in the building process. You factor that into the offer you are placing on the house. When you are building a home, you are bound to make mistakes. If it’s the first time you’ll be doing this, you won’t make many of the same mistakes again.

Are you relocating and need to deal with your living situation? You won’t have the luxury of building that dream mansion. There’s a strict timeline that you’re operating under! You may be better suited to the conventional way of changing your living situation by going on a real estate platform.

Many great ones will offer you a bunch of filters, such as allowing you to choose modern homes with 4 bedrooms only. It’s great if that’s what you’re after.

architect working on blueprints

Building your own home allows you to add all the tech into the house you want. It is made to the standard you need with double or triple-pane windows. It’s a feature that might save a lot of money on heating or cooling. It’s good when you live in an area with extreme weather conditions.

Green appliances are popular. There’s no denying that you can get these features installed when you’re building a new home. They’ll also end up paying for themselves from energy cost savings.

With newer homes, you will also not have to deal with some of the issues associated with older homes. Some of those include asbestos or lead paint. Building materials that include these particles, are banned in most countries.

A thing like lead paint can be especially devastating if you have a small family. Exposure to damaged lead paint can lead to all sorts of undesired consequences like developmental delay.

Deciding to build your own home is a significant decision that can have a lot of benefits. Still, it can indeed also have a lot of drawbacks if you aren’t careful.  

Have we scared you away yet? Has this article only given you an additional desire to keep pursuing this goal? If so, great! We will ensure that you end up with the house you have always dreamed of.

Start your search for the right designs

One of the most significant aspects of the building process is getting the design that best suits your family’s needs. It is not a straightforward process. The house that might be perfect for one family is not necessarily the one you believe is right for you.

You can get professional help from architects to determine your family’s needs. It’s ultimately a decision that rests on your shoulders. You are the one who will have to sit down with the rest of your family and figure out what things are essential to you.

house blueprints

You can work straight with an architect and have them draw you something from scratch. If your needs are unique, you might not just be in a situation of wanting to work with an architect. You might be on a mission to make sure that you work with the right one.

There are a lot of award-winning architects to choose from. Still, suppose you are trying to create a truly unique experience. You might have to spend a significant amount of time looking at the portfolios of the various architects. Find the one you believe can make your dream come true.

If you have similar needs to others, you will save money by going with a stock house plan. If needed, you can have more minor alterations made to them. It will often not end up costing you significant amounts of money. You can quickly save $10,000 by not having an architect draw something from scratch. Most people don’t realize there is a reason it costs so much when you start.

It’s not just a matter of drawing a house. It’s also drawing the electrical plans and the various components needed for approved building permits. You have a professional provider who has spent a part of their life acquiring the skills required to create the plans.

It takes many hours to draw up the plans. The time you spend with the architect increases as you figure everything out. It will cost you a significant amount of money to have custom architectural designs. One disadvantage is you won’t get the renderings of the house before building it unless you pay for it.

The cost of having plans rendered can quickly end up costing $1,000 to $2,000 in itself. It means you won’t get to see a 3D model of your new house before it’s built. If you go to our platform and start browsing the various designs, you will quickly see renderings for many of the designs.

We let you see them free of charge. This way, you can better imagine yourself living in a house before spending any money on the project. It’s just a better way to ensure that you don’t end up building a house with drawbacks you didn’t anticipate. It’s easy to overlook stuff as you’re working with an architect.

There’s no denying working with an architect may be better if you have particular requirements. There are also a lot of advantages to going off of an already designed home.

architect looking at drawings

Choosing the right contractor or architect

What would be the first step you would take to research an architect? How would you figure out who you should work with? You might have someone in the family who has a lot of experience designing houses. It doesn’t mean they’re the right person in your situation.

The process of choosing an architect isn’t different from choosing another professional service provider as a contractor. You are also trying to make sure that they are the right person for the job. It entails knowing the quality of the work they can produce. The easiest way to find out which projects they have worked on is to look online.

Start your search on Google.

Do extensive searches on architects in your area and the houses they have helped build. Narrow your search by starting your due diligence process when you have a comprehensive list of different architects. What are some things that are important to you?

If you want a place with a particular style, you must find architects who have experience with those types of homes.

Suppose you want a more typical 2-story home. You might not be very picky when you create your initial list of prospects. A typical single-story home would not be too hard for an average architect to draw up. If that is what you are looking for, you are better off starting your search among our designs. If for nothing else, it can be a great source of inspiration. Don’t automatically spend thousands of dollars on a professional.

The best reason you might want to hire an architect is the edge cases. You want a stand-out home. Even when that is the case, we also have some unique options on this website. You might want to check those out.

There’s a specific page entirely devoted to only showing the types that we believe are truly unique. Are those homes for your average family to ensure it is a good investment when it comes to selling? Probably not. However, suppose your primary concern isn’t how much money you will get from home in the future.

You can build something that will attract a lot of attention when people drive past it.  Be ready to lose money on it when you sell.

engineer inside a building being built

You are choosing an architect who will understand what you are trying to build. If they don’t understand that, what is the purpose of spending thousands of dollars working with them?

The architect brings value by understanding your family’s needs and working with you to get them to life. It would help if you remembered that these house plans are only the house’s frame. You still have to go through the process of figuring out the finishes you want inside your home. You can have an architect help you ensure the interior ends up the way you want.

Are you hiring someone online? You must find an architect connected to a reputable company. You don’t want to hire someone who disappears the following day. You can hire someone who is not in the same country as yourself.

Make sure they are familiar with the local building codes in the area you live in. They might end up doing a bunch of work your building department won’t approve. If you hire a local architect instead, you have the advantage of visiting homes they have helped design. You’re also able to ask them questions regarding the sort of work they did.

Did the architect only help draw the house? Were they also active throughout the building process?

woman studying a model of a house being built

You must understand what their various processes look like and whether you believe they will work with you. Do you seem to have a similar understanding of what the process will look like?

Are they working with a vastly different timeline from yours? A good idea is always to ask what sort of experience they have with projects in the area you live in. How do they charge for their work?

It will help knowing when payment is due and what is included in the design package. How do you know that the architect won’t suddenly end up charging you more money than you agreed on?

If you want the architect to be part of the building process, ask them their thoughts. Is that something they commonly do?

Suppose you want the architect to be more involved throughout the entire process. There’s a big chance the architect will begin charging hourly if involved in the building process as a whole. It means the bill that you will end up being rather significant. Suppose the architect is used to being an active part of the building process. They can recommend a contractor you can use whom they have had good experiences with in the past.

When choosing an architect, ask many questions to ensure they are on the same page as you. There are a lot of qualities that a good architect will have. They should have the necessary design skills and knowledge that match your needs. They need to understand how to turn your vision into a reality.

They must come off showing you their knowledge related to the building industry in your area. They can be the trusted advisor who can guide you through this entire process. They are the professionals you are paying handsomely to make sure you avoid some of the mistakes. You don’t want to make the mistakes of a first-time builder. 

Sit down with them so they can understand what you want to build. Suppose the architect starts drawing the house without the two of you determining what you want. You are bound to go through several rounds of edits. Changes will prolong the process and increase the price. Excellent communication skills are crucial. It has to be a person who is comfortable asking you questions.

Another critical step is to ensure that you get the building permits necessary to proceed with your project. There are a significant number of reasons why you might want an architect. Finding the right one is equally important.

Building a home is an exciting time. One of the things you will have to figure out is what style to use. Here are some options that can hopefully help foster some creativity.

Obtaining the necessary building permits

Suppose you have ever undertaken a home improvement project before. You might already be familiar with the process of getting a building permit. If you haven’t, this might be the first time you concern yourself with such a matter.

You are new to the whole idea of building and home improvement. We encourage you to read through this section very carefully.

There are many home improvement projects requiring permits from your local building department. It’s also the case when you build a house. Permits are needed for various reasons.

Some communities or regions have much stricter building departments than others. Just because you currently live in a part of the country that doesn’t require building permits doesn’t mean it’s the norm. Other counties may have different rules.

woman looking at house plans

Certain expenses may be tied to getting the necessary permits. That doesn’t mean it’s an excellent place to save some money. Rest assured, there will be more significant consequences if you don’t get the necessary permits.

Some owners choose not to obtain a building permit when working on plumbing. You will probably need to obtain a permit to do the work for such things.

These permits are required to ensure the quality of the work done. It also helps limit the risk of things such as flooding. Certain types of home improvement will not need a building permit. Building a home will likely require one.

Suppose you are taking it upon yourself to do a lot of the work involved with building the house. You must spend a lot of time figuring out which parts of the process you will need a permit.

When will you need inspections? It may seem like a nuisance. The building department is effectively there to help ensure structural integrity to avoid potential issues. An improperly installed plumbing system may end up causing damages worth thousands of dollars.

woman choosing design options

It’s always a good idea to determine which parts of the process require permits and inspections. What does the timeline typically look like? How long does it take for your local building department to be able to issue the necessary permits?

How do you schedule an inspector to come out and inspect everything when the work has been done? When you work with an excellent general contractor, they will also help answer many of these questions. They have gone through the process many times before, and they will know when to schedule the inspections. They will be responsible for dealing with an inspector.

Even if you don’t choose to work with an architect, working with an excellent general contractor is a good idea. It’s especially the case when you are building for the first time!

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