Building Your Dream Home
The Secret Risks Involved
For many, building your dream home is a once-in-a-lifetime experience.
You've dreamed for years about what you want out of your perfect home. You plan to invest a large amount of time and money, with the expectations that everything will be perfect when you move in.
Unfortunately, a few wrong moves can turn your dream to a nightmare.
Building your dream home can be a risky venture if not done properly, but can also be one with great reward.
Here are just a few of the risks that may come up when building your dream home.
Not Using a Reputable Builder
Not all custom home builders are the same. Builders sometimes have specialties, just like other professions. Look for a builder that specialises in designs similar to what you are looking to build. Meet with the builder before you hire them. Ask questions, ask for references, and ask to see a completed job.
Finding the right builder is crucial to your home building experience.
No Due Diligence in Your Search for the Perfect Plot of Land
There is a lot of beautiful scenic land in the world, and unfortunatly, you will most likely need approval to build on it.
Before you purchase a plot of land, have your builder take a look. They can help you get approval from the appropriate governing bodies. It is also insightful to read governement pages such as New South Wales Planning and construction approval documentation before starting out.
Builders are also familiar with land layouts and will know what to expect from certain types of dirt, clay, and other organic matter.
Your builder could save you tens of thousands of dollars in unexpected costs associated with the land.
Consult them before buying and save yourself the headache that may come later.
Building Delays
Delays can happen for a number of reasons, from material delays to bad weather. Scope creep, finances, and communication issues are some other reasons that your build may get delayed.
Be sure to do your part to keep things moving forward. Decide on a plan and stick with it. Don't change your mind mid-build. Communicate with your builder often, and if they have questions, get back to them as soon as it's feasible for you. While you cannot stop a thunderstorm, there are some aspects that are in your control - Take advantage of those.
Unrealistic Budgeting
When building your dream home, you get to pick every aspect of the home, down to what door handles you prefer. Keep this in mind as you're browsing and set your budget accordingly as an unrealistic budget can easily hinder the planning of new your home.
Make sure you are brutally realistic and be prepared for the unknowns and unexpected. Ensure you understand what is going into your home and meet with your builder so you are aware of any nuances.
Are you on infirm ground where you need to plan for dirt buildup? Are there certain regulations in your area that must be followed?
All these elements need to be planned and considered in your budget.
Structural Defects
Finally, while most builders do their jobs well - From time to time, there can be an issue that no one even realises exists.
That is where a building inspection comes in handy. They can ensure your home is structurally sound, and safe for you to live in.
Registered builders that are specially trained in accordance with Australian Inspection Standards can provide you with a detailed report on the condition of your new build. Not only does this let you move in with confidence, but it can also save you money on having to redo things in the future.
To Summarise
Building your dream home can be a positive experience – one that you will remember for the rest of your life. Do take the time to do your homework and be prepared for the unexpected.
This will help to give you a beautiful place for you to call home for as long as you choose to live in the new build.
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