The Most Important Points To Remember Before You Build Your New Home
Building a new home is a very exciting journey and the more preparation and effort you put in prior to starting, the more rewarding it will be.
The following constructive suggestions have been made by people who’ve built a home themselves and who have accumulated wisdom and insights along the way. With the benefit of their experience, you can make your home-building journey that much more enjoyable and fulfilling - so have a look at these important points before you build your new home.
Do your homework
Plan, plan and plan some more. The more informed you are about the home-building process and the more details you have finalised ahead of time, the better off you’ll be. Things can become a bit of a whirlwind when the building process gets underway, so it’s really important to do your research upfront. Plan for both your immediate and your future needs - particularly if you have children or intend to start a family - as your new home will need to accommodate your changing family dynamics.
Crunch the numbers
Building a new home is a significant financial undertaking and it’s imperative to have a good grip on the numbers before you start. Be sure you know what costs are involved and what your budget is and make sure you have adequate provision for unexpected costs and budget overruns. You’ll want to keep nasty surprises to the absolute minimum, so discuss all the inclusions and exclusions with your home builders ahead of time. Remember, it costs money to make changes to the designs and decisions once they have been finalised.
Decide on your priorities
Once you’ve ticked off your ‘must-haves’ (like the size of your home, the number of bedrooms and bathrooms, the type of garage, entertainment areas and so on), you should make a list of ‘nice-to-haves’ (could be a spare bedroom, walk-in pantry, separate scullery, store room in the garage, granite countertops etc) as well as a wish list for extras (such as heated towel rails, security system, built in speakers etc). By dividing your priorities into three main areas, it will be easier to manage your budget and keep control of your costs.
Plan your room layouts
You should try and finalise as much detail as possible before you start the building process because it moves quickly once it starts. You should have a good idea of the purpose of each room, how it is going work, where the furniture will be placed (use newspaper cut to scale to get an idea of size and positioning), where the electrical points will be, storage, cabinets, kitchen layouts etc.
Uncover hidden costs
There’s much more to building a new home than bricks and mortar - and it’s vital to remember that there can be hidden or unexpected costs involved in the final project. Things like landscaping, driveways, fences, gates, interior decorating, removalists, security features and sound and communications systems all cost money - and it’s important to take these into consideration. In fact, it’s a wise move to retain about 10% of your budget for unplanned costs.
Find your dream team
Building a new home is a major undertaking and it’s vital that you entrust your investment to a home builder whom you trust implicitly. Choose your home builder carefully, research their history thoroughly, make sure they have a proven reputation for quality, inspect their project homes closely and meet with your team members personally before making a commitment. Remember, you’ll be spending a lot of time with them (and a sizeable financial investment) so you need to feel confident that they can turn your dream into reality and that communication will always be transparent and open.
Remember the rules of property investment
Yes, you’re about to build your dream home but it’s important to keep in mind the basic rules of property investment. Don’t overcapitalise, design carefully and think about the resale value of your property.
The more you know about the home building process, the more rewarding and less stressful the process will be. The benefits of thorough pre-planning are immeasurable and you’ll be far better off if you spend time finalising as much detail as possible before you start building your new home.
If you’re considering building a new home, you should consider partnering with a company which provides advice and guidance based on experience and proven success. is one such company and with a solid reputation garnered over 40 years as one of the leading home builders in Perth and over 10 000 homes under their belt, you can be totally confident that your investment will be in very safe hands. Contact them on 08 9431 8150 or visit their website, www.rossnorthhomes.com.au to see their extensive range of quality designs and beautiful homes.