Are you excited to build your first home sweet home? The thought of that alone will surely make you giddy because after working night and day for years, you will finally see the fruits of your labor. But you have to remember that the process is not as easy as it sounds. There are so many things that you need to know when building a new home. If you are curious about what these are, then this article is for you.
Determine If You Can Afford It
Before you start any home building project, it is important that you determine whether you can afford it or not. Remember that most house plans alone will require a fee because this needs to be done by an architect and an engineer. This plan is needed to give the future homeowner an accurate estimate of the construction costs. This is based on where you will be building your home. The budget should include the estimated overall cost of construction, funds needed for a down payment for as well as other related calculations.
Research Your Builders’ Reputation
Now that you know that you can afford this house construction, it is time to find the right home builders in Warrnambool. Although there are plenty of builders for you to choose from, you have to remember that not all of them are the same and can be trusted. So make sure that you do a little research about the reputation of the builders before you decide. Your research can be done online, in-person through referrals, or both. What you need are architects and engineers who are punctual and have the right work ethics.
Consider An Eco-Friendly Home
Before the house plan is done, you need to consider an eco-friendly home. Research on how you can maximize energy-efficiency at home. Your builder can help you ensure this. Though you can rely on this for your builders, it would also be best if you do your own research and provide additional inputs on what you want to achieve.
Create The “Punch List”
The ‘punch list’ is part of the final phase during the house building process. This is usually created towards the end of the construction where it shows the areas that still need to be done and repaired. Work with your contractor to work on the punch list. It is best to do this a week before closing. Do a final walkthrough with your builder to determine what more needs to be fixed or changed. For those with a real estate agent, have them participate in this punch list.
No matter how big or small your house will be, you need to be personally involved in the building process. Of course, you can opt to rely on everything on your builder, provided that you are updated regularly. Still, it is best that you also check on the building site from time to time. This way, it gives you an idea of whether or not, builders are able to follow the timeline.