Five Things to Consider When Building a Luxury Home

There are many things to consider when building your luxury home.

We’ve all heard the saying, “home is where the heart is.” This is particularly true for people who build their own luxury home. When you buy a pre-existing home, no matter how much you love it, there is always at least one thing you wish were different. But when you build your own luxury home, every detail is custom-designed to fit your needs and style.

When you build a luxury home, your home really does become the place your heart is.

To help create the luxury home of your dreams, here are important things to consider in the building process:

1 – Keep your budget in mind with every decision.

You will have your hand in a hundred design decisions while building your luxury home. The quality of the flooring, the light fixtures, the type of hardware on the cabinets, the size of the master bath, and so on. Every detail of your home is hand-picked by you.

While this is one of the greatest advantages to building your own home, it is easy to get carried away. Keep your budget in mind to avoid accidentally exhausting it before your home is complete. Spend time with your builder to help plan your budget. Consider how much you want to allocate to each factor throughout the home building process, so that you don’t end up with heated floors in the bathroom, but no roof!

2 – Choose a builder you want to live with.

Technically, you won’t be living with your builder, but you’ll be living with their craftsmanship for years to come. Take care while choosing the expertise and hands that build your luxury home. In our experience, the best builders possess these qualities:

  • A longstanding history of excellent work

    Look through the portfolio of other homes the builder has created, and review testimonials of happy clients they’ve worked with.

  • Gives you the freedom to customize any aspect of your luxury home

    This is your home; you should have the ability to create exactly what you dream of.

  • Great value AND quality

    While you want to use a builder who will help you create your dream home within your budget, it is also important they are dedicated to using high quality materials and craftsmanship.

  • Strong communication and partnership

    You’ll be working closely with your builder to create your home; make sure you mesh well with them. Also, it is critical that your builder partners with you to work out any issues that arise along the way, from the groundbreaking until the day that your welcome mat graces the doorstep.

3 – Build a home you can live in.

It is not uncommon for people who are designing their own luxury home to create a space that belongs in a magazine. This is great, but make sure your home is not so museum-quality that it is hard to kick back and relax when you live there.

In addition to considering beauty, make sure you create a cozy and family-friendly space. There’s nothing better than having a spot that you’ll love spending your lazy Sunday afternoons in.

4 – Choose your amenities based on functionality

The sky is the limit with your choice of amenities in your luxury home. For example, we build homes that have movie theaters, indoor swimming pools, and even sports courts.A gourmet kitchen with high end appliances adds functionality to your luxury home.

There is no one-size-fits-all answer when designing the amenities in your custom luxury home. Think about your own lifestyle and what you would get the most functionality out of. For example, if you love to entertain, you might get the greatest value out of channeling resources to a gourmet kitchen with professional-grade appliances, rather than a tennis court you won’t use as often.

5 – Remember the three most important rules of real estate

Location, location, location. The location you choose to build your luxury home on will have a huge impact on your convenience and enjoyment of your home. It will also affect your ability to sell it down the road. While you are looking for land to build your own luxury home on, we recommend that you keep in mind:

  • The commute you’ll take to work (or other places you regularly go).
  • The school district you’ll be zoned for. Even if you don’t have children, this will impact the value and marketability of the home later on.
  • The neighborhood and community that you’ll be part of.

The Build On Your Lot approach that Costa Homebuilders uses gives you the flexibility to build your dream home on your dream location. Keeping these factors in mind will help you develop a home you love, in a place you love.

Do you have any other questions about building your own luxury home? Please feel free to reach out to us; we love helping people build the home of their dreams.