Okay, so you’ve decided to build your own house, but how do you go about it? As stressful as it may seem, building your own home is one of the most rewarding things you can ever do in your life. Unlike apartments, when you build your own home in Oragadam you can be a part of many factors that you wouldn’t be able to take part in the former.
Building a home does not have to be a gruelling process though. When you go into the process, well aware of the factors involved, you really can save a lot of the time and effort involved in building your dream house! Read on to know more about the eleven rewarding tips that you can go about when building your own house!
Make Sure You Have a Plan in Place
Planning is the most important part of the construction process. Many people, especially in India are overwhelmed with spirituality and myths that a lot of the “planning” part eventually goes into contemplation. This is exactly what happens when you build without a plan. It’s fascinating to consider all these things, but not a very welcoming or a rewarding factor.
You will have to ensure that you meticulously etch out the details of your house. Questions like ‘what direction will it face?’, ‘How will the rooms be laid out?’, ‘Is my house Vaastu-Compliant?’, and ‘How many power sockets will I need?’ are some of the most important questions that need to be on your mind. You will definitely always need more than you think you need.
There are a number of useful tools for planning out the design of your home. You can use Augmented Reality Applications or Websites which help you design and layout all the details of your house. You can also always turn over to graphs when you are in dire need of some design solutions!
It would also be advisable to note down all the design trends and ideas that you like, and the ones that you’d like to emulate. As well as helping you plan, they’ll be a great point of reference to show your builders before construction is underway.
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Always Estimate More Than You Expect to Spend
It doesn’t matter how right you try estimating the cost of building your own house. It will definitely cost more, if not less. If you’re getting an estimate from a builder, there will definitely be a number of costs that he will not include. For instance, the builder that you choose is unlikely to include costs such as electrical, internet and television hookups or window coverings. Items such as landscaping, outdoor concrete, fences, gates, decking, and letterboxes might also not be included in the initial estimate that your builder gives you. These costs are very much important and could very much use around 15 to 20% of your overall budget. You’ll also need to take into account site and zoning costs and fees, which are the costs associated with preparing your site for construction.
In addition to these additional costs you might not have considered, you need to rightly estimate the costs for unforeseen circumstances. For instance, you would definitely want the luxury of changing your mind should any of the fittings or materials not match your expectations. And hence, you definitely need some money allocated for that.
Choose the Right Builder
This is one of the most important decisions you can take when opting to build your own house. It is important to note that whatever builder you choose, you will definitely be working with them for a lot of months to come. It is also important that you choose the right one at the beginning itself so that you don’t end up regretting in the future.
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Here are some factors that you can stick to when choosing a builder for your home:
Credentials
You will have to ensure that your builder is adequately insured, licensed, and most importantly, popular. When choosing to build your own house, it doesn’t hurt to go with a popular option because of the fact that you will definitely know their reputation, and even if you don’t, it’s just a Google-Search away! Hence, this is one of the key steps involved in choosing the right builder!
Recommendations
You will also need to do some research on the builder’s previous work. Ensure that the previous customers of the builder were adequately satisfied. It would also make sense for you to ask the builder for some references before you eventually seal the deal with them to build your house. As mentioned previously, ensure that they have a good reputation online, and ensure that they don’t have any complaints registered against them.
The Builder’s Previous Work
Check out the list of houses that they have built in the past and ensure that you like their style of construction and that their level of quality is high and suave. It would also be a good idea for you to look into their previously constructed properties and check the resale value of them!
Style of Construction
When looking into the builder’s past work, ensure that it suits your design style and tastes. Each and every builder have their own style of work and it is important that you like it because you will be living in it for times to come!
Nature
As mentioned above, you’ll be working side by side with your builder for a number of months. It would make sense to ensure that you are very comfortable in working with them and that they understand your ideas and queries properly. Maintain a good communication rapport with them. If you don’t communicate well with them, there is a high chance that they will not communicate well with you either and it will very well end up in unnecessary arguments!
Understand your Contract Well
Carefully read through the contract that your builder has laid out for you to ensure you understand all of its contents. You don’t understand some things written in it? No problem! Run it over with a lawyer and make sure you’re not taken aback by what the construction costs cover and what they don’t cover. It’s very wise to have a lawyer look over the contract before you sign the dotted line.
Make Sure You Have Your Finances Ready
The chances are high that you’ll need a home loan for building your own house to finance the entire process when you’re building a property. A construction home loan is structured differently than a regular home loan in that the lender won’t let you use all the funds at once. Instead, the lender will decide how much you need for the project, and will then release the funds in periodic payments to your builder. These periodic payments are known as draws. They’ll be paid out at the completion of each individual stage of your construction.
Another way construction loans can differ is in the size of deposit lenders require. Before you seek out financing, make sure you have a detailed plan in place. Since construction home loans rely on an estimate of the assumed value of the completed house, your lender will want to have detailed construction plans that are fully completed.
Keep in Touch with the People Who Are Building Your House
Throughout the process, communicate with the people who are building your house often and regularly. Ask for regular updates and plan to visit the site regularly yourself to ensure that everything is proceeding smoothly. You can also take photos regularly to ensure that you are getting exactly what you want, and if you don’t you can go ahead and communicate this to the people who are building your house.
Don’t be afraid to raise any concerns that you might have. If your builder or contractor tell you that they cannot do something, then show them the research that you have done. Do not blindly accept what they tell you. It might cost you extra, but the odds are with the right amount of effort you can accomplish your vision completely. It’s absolutely worth putting up a fight for the details and designs that mean something to you and are important to you. Ultimately, you are the person who is going to be living in the home that they build!
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Stick to these methods when you’re building your own house and you’re sure to get a result that you will be very much satisfied with.