Building your dream home can be both exciting and intimidating and therefore you need to prepare yourself with the basic do’s and don’ts to help your builder manifest the house of your dreams. Thumb through the 5 things you need to know while building a new house:
1. KNOW YOUR BUDGET
Before you build castles in the air, determine your budget for the new house. Chalk out calculations and consider costs such as down payments, tax benefits, construction costs and other expenditures. After you’ve determined the house cost, visit the bank to arrange for the finances.
2. CHECK FOR THE CREDIBILITY AND REPUTATION OF A BUILDER
It is crucial for you to do some basic research to avail for the best results. Hunt for recommendations and online feedbacks to judge the credibility and reputation of a builder. ‘Word of mouth’ also happens to be a wonderful medium to perceive qualities such as punctuality and sincerity in potential builders. Reputed builders easily stand out from the crowd, you need to do your homework diligently to identify them.
3. BUILD WITH A RESALE VALUE
Life is unpredictable and it is unlikely that this is the last house you will be owning. Therefore it is wise to consider the gross re-sale value of the house that you are building. Stay away from futile upgrades and flashy features that might make your house uselessly expensive.
4. BUILD GREEN
Did you know that a south-facing house receives maximum sunlight? There are plenty of wise-facts that might enhance a healthy living for your family. Do an extensive research and take suggestions from your designers and builders to make maximum use of natural lighting. Make all your windows, bathrooms and garages south facing to keep away the damp and ease ventilation.
5. MAKE A FIX-LIST
Create a fix-list during the final phase of construction to shed light on what needs to be re-done on the new construction or create a rough house plan. Every time you visit the site of construction, discuss the problem areas with your builder or agent to identify existing or potential flaws and put it in writing. This saves you from unnecessary expenses and your house from undergoing several touch-ups and redos repeatedly over a long period of time.
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