Key Steps When You Are Ready to Build
Follow these steps when you are ready to build:
- Find a builder you trust.
- Talk about todayโs cost of construction.
- Determine the size of the home you want to build based on your budget (including outdoor spaces).
- Engage with an architect to start the home design process.
- Have your builder attend your meetings with the architect to help you stay on budget.
- Send the architectural plans to a structural engineer.
- Create a preliminary budget with allowances for finishes.
- Engage with an interior designer.
- Work with your builder and designer to meet the allowances given by your builder.
If you stick to the allowances provided by your builder, you should stay within your budget. Your builder should guide you through this process to help you hit your target budget. This approach can help you avoid the costly need to redesign your home.
The Importance of Builder Involvement
When it comes to building a custom home, many people focus solely on the architectural design and overlook the importance of involving a builder early in the process. This can lead to major roadblocks when the builder reviews the design and discovers that certain elements are cost-prohibitive.
Working with a custom home builder before finalizing the architectural design ensures the design is functional, feasible, and within your budget. Builders provide valuable insights into material costs, labor, and other expenses early in the process, enabling you to make informed decisions about your homeโs scope and specifications.
Additionally, involving a builder early can prevent costly design changes later. If you finalize a design without consulting a builder, you may find yourself making significant adjustmentsโor starting from scratchโresulting in added expenses and delays.
Setting Realistic Expectations
Ultimately, building a custom home is an exciting journey, but itโs essential to approach it with a realistic understanding of construction costs. By working with a custom home builder early on, you can ensure that your dream home is not only beautiful and functional but also aligns with your financial goals.
Plan for Success
Building a custom home requires careful planning and collaboration. By using tools like the Versa Homes quick budget tool and involving your builder at the right stages, youโre setting yourself up for a smooth and successful construction process.
Curious about the cost of building your dream home?
Use the Versa Homes quick budget tool to get an estimate and take the first step toward your new home today!
