4 Things You Need To Know About Building A House From Scratch

Written by Posted On Wednesday, 04 May 2016 03:31

Most homeowners prefer to buy a property and move straight in without any hassle or fuss. The only problem with that method is that you have to move into a house that isn’t perfect. Okay, it is a lovely house. But, it still isn’t everything you dreamed of and more. When you build one from scratch, you can build your dream home. Before you decide to sign on the dotted line, you will want to know about the logistics. Building a property from the ground upwards isn’t an easy prospect, but this is how to make it easier.

1.     It Will Cost More Than You Think

Whatever you budget for, add an extra ten percent on top of it so that you have enough money. At the moment, your budget will seem rock solid. But, after a couple of weeks, it will start to diminish slowly. Before you know it, you won’t have any money and the building work will have to stop. Although it sounds dramatic, it happens to lots of homeowners on a weekly basis. Try and save as much money as possible to give your finances a boost.

2.    But It Won’t Cost As Much As Buying

Well, it won’t cost you as much in the long run. In the short to medium term, it might seem a bit more expensive. In the end, the cost will even out and you will begin to save money thanks to building instead of buying. When you fork out for quality builders and materials, you are will have to speculate to accumulate. However, when the job is over, your home will be perfect. That means you won’t have to spend money on costly renovations. Homeowners spend thousands on renovating their property, and that is on top of the initial cost.

3.    The Builder Is King

The builder is the difference between a good job and a bad one. Obviously, you want the best possible outcome. For that reason, you need to analyze the options before you make a decision. Quality builders are the best option, yet they aren’t easy to find thanks to all the mediocre rubbish on the market. To sort the men from the boys, you need to check their reputation. Any builder that comes recommended from a trusted source is an option. Also, their price will say a lot. Good builders charge a lot for their services. After all, you have to pay for quality.


Images Money via flickr

4.    Resale Value

No matter how much you love this property, you should build with the resale value in mind. You never know when you will have to put the house on the market and move to another home. Sometimes, people have to do that even though they want to stay put. If that ever happens, you will want to sell for the best price. Houses that have popular amenities are in demand, which means they command the most money. Click on the link for a list of the most popular features.

Now that you know all about building a home, what are you waiting for?!


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William Hayes

I am a financial marketing analyst based in California USA.


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