Building your new home is an exciting life moment. But it’s also a delicate one. This is a big investment for you and for your family. You want it to be a good experience…with an even better end result.
So why does new home construction become a nightmare for so many homeowners?
The problem that many homeowners find themselves in is that they’ve jumped into a home building project without taking time for thoughtful decision-making. They’ve made hasty decisions without the help of an experienced professional. Or, they’ve chosen the wrong professional for the job.
Here are some of the mistakes to avoid during your new home construction.
Hiring a builder without knowing their professional qualifications or actual experience.
The success of your new home construction greatly depends on the builder you hire. There are many homebuilders, each promising to offer the best services. But how do you differentiate between a builder who’s right for the job, and one who’s not?
A good home builder is dedicated to giving every single project their best. They take the time to learn about your vision for your unique home, and offer their own insights to uncover features you never considered. They are also available to their customers whenever questions come up, and will always keep them updated on the progress of the project.
One of the best ways to learn about a builder you’re considering is by asking their previous customers and reading reviews. Ask any homebuilders you’re interviewing for customer testimonials and references.
Signing up with the lowest builder.
Of course, you want to save where you can when constructing your new home. But it’s not always wise to select a bidder simply because they offer the lowest bid for your project.
When you choose a builder solely based on their low price, you’re taking a risk. You may run into a builder who sacrifices quality in order to offer customers a lower bid, and gain more business for themselves. Builders who offer exceptionally low bids often have to take on many projects at once to compensate. That means they are juggling many things at once, and won’t have as much time to dedicate to your project.
There are better ways to uncover savings. Ask your builder what kind of savings they will be able to pass on to you through their relationships with vendors. A good home builder who has been in business for a long time will form relationships with vendors. Whether it’s a window, paint or flooring vendor, you can benefit from the relationship your builder has formed with them.
Scaling down on quality.
Similarly, you should avoid cutting corners in your new home construction budget when it comes to materials. Everyone wants to bargain to reduce expenses. However, it is important to be wary of low-quality materials, and even substandard workmanship.
Low-quality materials are likely to depreciate within a short period, compromising the resale value of your home in the future. Plus, inferior materials will wear down much faster, and replacing them is expensive.
At Costa Homebuilders, we only work with the very best materials. We trust every vendor we work with, and would use them in our own homes! For example, at Costa, we work with Pella Corporation. Pella is one of the most notable and trustworthy window and door manufacturers. At Costa, we use Pella windows and Pella doors.
Pella products are not just beautiful – they are also energy efficient. We’ve been working with Pella for years, and feel one hundred percent confident using their products in our homes.
Putting together a budget without a buffer.
When planning for new home construction you will need to budget for the whole project, beginning to end. One mistake that homeowners make is putting together a budget without the assistance of a professional.
A professional home builder knows how to make a budget that accounts for unanticipated conditions and extras. By doing so, your builder prevents any budget scares and interruptions for your project.
A professional will also be able to make sure your budget covers all the necessities, and recommend other inclusions with your remaining budget. Maybe you didn’t know that you had room in your budget for that game room you’ve always wanted. Your builder will give you a realistic idea of what you can afford to include in your custom home!
Acting as your own general contractor.
Being a general contractor comes with complex responsibilities. This role requires someone with expertise, and many years of on-the-job experience.
Hiring a professional as your general contractor is advantageous because they know the industry best. Plus, a professional has well-established relationships with subcontractors, such as electricians and plumbers. A professional general contractor will devote his entire days and sometimes a good part of their evenings to handle the logistics of a home being built.
You don’t have time to deal with the logistics and stress of being your own general contractor. Choose a pro you can trust!
Making changes after construction plans are completed.
The engineer has already given the authorization stating that the house plan is structurally sound and complete, but then you decide you want to make changes. Not always a good idea.
Late alterations can be costly, and they delay your project. Whether it is a major or minor change, do it early enough before the final home construction plan is done.
Overbuilding a home in a less expensive neighborhood.
When planning for a new home construction project, it is very important to survey the neighborhood of interest first, to find out the type and quality of structures around. This will help you avoid building a more expensive home in an area that is dominated by smaller homes.
The reason this is important is because, if you decide to sell the property in the future, it could affect resale value. Smaller homes throughout your neighborhood could lower the value of your home.
Desperately choosing a lot.
Do not rush to purchase a lot simply because it is the only one available. Find out more about it and the reasons why it is the only one remaining in that area.
Avoid selecting a lot because you are afraid of losing it to another person. Do not compromise your site – this is your dream home! Also, it’s imperative to examine any restrictions related to the land and neighborhood prior to buying and constructing. You should also check zoning to ratify legalized uses.
But don’t let this overwhelm you. At Costa, our team has Build On Your Lot Specialists who will help you find a lot in the perfect location. Not only that, they’ll handle all of the confusing paperwork and legal matters for you.
Building a home is an investment. It requires thoughtful decision-making to avoid costly mistakes. If you want to build a new home and learn more about the process, contact us at today. We will help you make it through the new home construction process smoothly. We can’t wait to hand over the keys to your beautiful home.