Sunday, March 27, 2011

New Construction - Building Your New Home

New Construction - Building Your New Home


Working with a licensed Realtor with prior home construction experience is invaluable to those building a custom home for the first time. Consider carefully the myriad of decisions you'll be facing and plan accordingly.
 
When you're building your new home you need to be sure that the construction plan is not only sound but that you're getting a good deal. Building a new home can easily be turned into a remarkable deal with high investment potential. You want to be sure that the new construction is done well and that if you decide to sell the home, you'll get the most out of your initial investment as soon as possible.
There are various home construction companies that offer competitive pricing. Check with each individual company and discuss their overall time-table for completing the project. While you definitely want time-lines, but be wary of companies that give you an unrealistic time frame for completing your new home. Ask for references and look at the properties that they have built in the past. It's important that you find out exactly how long the company has been offering residential construction and then ask to see some of their earliest properties. This gives you a general idea about how well their construction will hold up over time, especially when you compare multiple companies.
Be willing to make compromises on your new home construction if necessary. Sometimes even really great design ideas are not really practical to fit into a realistic construction plan. If the contractor feels that a part of the home's design is going to cause instability or is likely to become unstable during a storm or under the weight of snow then you have two choices. You can either make the compromise or you can try to find a builder who disagrees. However, if you find more than one builder who is not convinced the design plan is going to be stable, how comfortable are you going to be with every weather event that blows through? Choosing a Realtor with prior new home construction expertise will be invaluable as you begin the home building process.

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