We can’t think of a more exciting feeling than knowing that you’re going to own your own home, and better yet, it’s going to be a brand-new home, built just for you (your family). Building your home from the ground up can be an extremely rewarding experience. It gives you the opportunity to tailor your home to suit your lifestyle and preferences.
But before you jump right in, it would be wise to have a plan. As with any big projects, the key to success is proper planning. To avoid a stressful experience, it pays to be prepared – the little time that it takes at the start, being meticulous, can save you a world of headache and heartache down the track.
Here is a handy checklist for building a house;
- Confirm Your Budget
This goes without saying and is the most important of all factors to consider. Having you finance and budget in order and confirmed is and should always be the first action taken when considering buying or building a home. Your budget will impact every decision throughout the build process.
This step is multi-faceted;
- You have to take stock of your personal finances and meticulously analyse your financial position. Consider your long-term plans while doing so as this will ensure you are better prepared (financially) in the long run. Know your income and expenses so that you can determine the amount that you can dedicate to repayments.
- Find out how much you can borrow. Getting pre-approval from your lender signifies that you are serious about building and that your lender has agreed (in principle) to lend you a specific amount of money to go towards building your home.
Pre-approval and a realistic budget helps to give you a realistic outlook on your end result. When you start out, knowing what is attainable, it helps to keep on track and on budget.
Budget tip: Leave room in your budget for ‘unplanned costs’ these are costs that may not be directly related to the actual build but are likely to arise, for example electricity or internet hook-up, fencing, outdoor landscaping etc. as these elements outside of the ‘home build’.
A reputable builder like Valcon Homes will walk you through the entire process and clarify all aspects of the build so that you have no uncertainty and nasty surprises along the way.
2. Select A Location
Next on your house build checklist, is deciding on where it is you want to live. Your budget will impact how much ‘house’ you can afford and also which suburbs you can afford to live in.
If you are building a home to live in, this usually involves a long-term commitment, as such your location should be largely decided based on your lifestyle and future plans. Once you’ve decided on your ideal location, you can start researching local builders. At times the location search and builder selection can coincide with some builders offering suitable house and land packages.
You can view some of our house and land packages here.
3. Choose A Builder
Building a new home is a significant emotional and financial investment, it is often the single biggest purchase in one’s life. Whichever builder you choose, you’re going to be working with them for many, many months, therefore, it is imperative to choose an experienced builder.
Be sure to work a team you trust and would be happy to work with for the duration of the build. Once you’ve decided to go ahead with building your dream home, you’ll want it to be everything you’d hoped for, so choose a team that can help your dream become a reality.
The team at Valcon Homes team of master builders will walk you through the entire process and make a point to ensure you are well informed and confident with all aspects of the build before any ground is moved and give regular updates on the progress of construction.
It is always good to choose an experienced builder as they will understand and be aware of the legalities and restrictions associated with a particular lot or piece of land.
Master builders like Valcon Homes will not only have a variety of turnkey house & land packages and house design options available to you for your specific budget and needs, they will ensure your build is completed on time and on budget.