Important Factors on Successfully Building your Home

Brisbane home buyers have the option of buying pre-owned or pre-built homes, or buying a land and building the home themselves. All options have its set of advantages and drawbacks. Choosing the best way to your home depends on your priorities. Buying pre-built or pre-owned homes will perfectly suit people who needs to move in soon and those who do not have the time to oversee the construction.

Building your home also has its advantages. You get exactly what you want in your house – from the floor plan and size, to the materials used and detailed features. You are assured of the home’s building integrity, and you can control building costs.

However, building a house is also a great endeavor that needs detailed planning and realistic execution. Budgeting, dealing with contractors, and overseeing the construction can will take a lot of your time and need a lot of extra effort. But the fulfilment of building a home for you and your family will definitely make all the work worthwhile.

If you are keen on building your own home in Brisbane, here are some factors that can guide you and help ensure the successful construction of your home;

1.       Set a Budget – Buying or building a home is a huge financial commitment, probably the largest single expenditure in your life. When buying a house, you have the cost set, give and take few hundred. But when you’re building one, cost can easily go out of hand. Before going into a home building venture, make sure that you can afford it. Ask your banker as to the maximum amount your can afford to spend on a house. If your dream home costs way above your financial capacity, it would be wise to wait a little until you can afford it. There is nothing worse than ending up with an unfinished house or a debt too big to manage.

2.       Choose the right location – Where do you want to live? Do not start building a house in a neighborhood you don’t really want to be living in. While you have to consider your present and immediate need, also think of the future of your real estate investment.  Is the area child-friendly? Do you need to be near medical facilities, schools, or train stations? Are there parks, cafes, and recreation facilities nearby? How will you be able to sell the property in the future?

3.       Work with the land – The land will have a great influence to the home you are building. Is it flat or at an angle? Is it large and square or long and narrow? Are you building on a hillside with great views or in a tree dense lot near a pond? Take advantage of what the land has to offer. Upper level decks will give you better vantage of the views, a walkout basement will work on elevated land, while the shape of the lot will dictate the best type of home to build.

4.       Spend time perfecting your house plan – Plan revisions are common when building homes. However, these changes are also costly and could delay the completion of your project. While changes are acceptable, you can benefit a lot if you keep it to just few. As soon as you purchased the land, start planning on the house you will be building. Consult with architects with your dream home and have them come up with plan drafts. Try to envision the home, look for other plan options, and so not hesitate to make the changes that you want. It is always cheaper and faster to make changes in the drawing board than in the construction phase.

5.       Choose the best builder – Lastly, choose the right builder for your home. Some contractors will try to get the project with low bids, others with short completion dates. Do not pick the contractor based on price, delivery date, or company size. Review each bid thoroughly. Professional contractors should be able to provide you with a detailed building plan that includes materials to be used, milestones and timelines, estimated costs, and previous projects and references. Avoid builders who are hesitant to provide their list of previous projects. A good builder will be confident of their work and anything their previous clients will have to say.

Home building is a huge financial and time commitment. That is why most people leave it to the experts. If you have the time to oversee the construction and shop for materials, the knack for budgeting, and the eagerness to learn everything about home construction, then you will truly enjoy this immense endeavor, and reap the fulfillment upon completion of your project.

If you need help or guidance, there are always somebody who can help. Call us to know more about your home building options. Click here to get in touch with the best real estate agents who can help you find property investments or build your home in Brisbane.