From A to Z: Your Guide to the Home Building Process
Buying a house is one thing but constructing a home is a different prospect. Nonetheless, building your own house can be both fun and highly rewarding if you plan early, and plan well.
If you are looking to build a new home for the first time, check out this guide on the home building process.
Find the Perfect Location Before Embarking on the Home Building Process
Is travelling part of your job or just your hobby? Are you devoted to your career but looking to construct a home? Do you prefer urban locations or coastal suburbs? These are some of the questions you will need to ask yourself while deciding on the perfect location to construct your dream home.
Traditionally, many people always look for locations that are safe and affordable to raise a family. If that is the case, you should be able to consider locations that are within the proximity of your working area.
Additionally, you should consider an area that has access to ample amenities such as schools, hospitals, and parks among others. Finally, while scouting for a location to build a home, you should consider moving to an area where the majority of the people are within your age group. Moving into a new home means joining a new community, so you want to make sure that the new community is one that suits you and your family.
Figure Out Your Financial Situation
Your circumstances will influence whether you engage a mortgage broker as soon as you want to build a new home or whether you hold off until a bit further down the home building process.
Often first home buyers who are keen to escape the rent trap, find it easier if they get their finance approved before they get too involved in the building process. Once they have the tick of approval from their broker, they feel more confident getting inspired and choosing a home design. Alternatively, if you are building your second or third home and already have a block in mind, you may jump right into searching for the perfect home design and engage your broker once you find a block you like. It certainly does help though if you have finance pre-approval before you put in an offer to buy a block to make sure you don’t miss out.
After considering the perfect location, financial capability, and budgeting are the next things to consider. This will determine whether you will build your top-notch dream home or build one with a range of concessions.
How much does it cost to build a home? Homes can start from as low as $124,000. It all depends on how large you want your home to be and what specifications you include.
One of the basic principles in building a dream home is that you should be able to construct a home that you can afford and feel comfortable in. If you have saved for your dream home for a while, this will be a simple step. However, if not, you can find a mortgage plan that’s within your budget and means of payment.
Never take a mortgage that you will spend endless nights trying to figuring out how to pay back. This may turn your home ownership dream into a nightmare.
Find the Perfect House Plan
One of the most integral points to consider before constructing an ideal home is to start to do some research to develop the perfect plan for your house. Getting inspiration of visiting Ventura Home Group display homes can help create a mental picture of how you want your future home to look. We have numerous displays across WA to help you get inspired and what’s possible within your budget.
Home is where you would love to spend the rest of your life. There are plenty of designs to give you luxurious yet realistic ideas on how a perfect home should look like.
Whether you are looking to build a home in the Perth metro area or the South West of WA or just looking to design your perfect holiday home with a custom built home, looking at different home plans will help you get a clear picture of how much square meterage you will require and also whether the dream house will fit on your lot. If you don’t have a block yet, no problem. At Ventura Home Group, any of our building brands can help you find your dream block in your desired location.
Choose the Right Building Supplies
One of the most exciting steps in the building process is choosing your selections for your new home. At Ventura Home Group we offer the very best suppliers for materials and finishes, whether that be choosing the best tiles, kitchen cupboards and benchtops, doors and door handles, roofing, bricks, baths, showers, window frames, appliances and many more inclusions. Choosing a builder that has trusted, reputable suppliers is crucial for peace of mind.
Always choose what is within your budget and avoid being overjoyed with other unnecessary luxuries. After all, at pre-start you can be offered a wide array of options to choose from.
Embark on Construction
Once you are done choosing all the components that you would like added to your dream home, it is time to embark on the actual construction work. This is where the builder moves on site to commence the process of making your dream a reality.
This process can be quite enjoyable and satisfying at the same time. You will have ample opportunity to constantly supervise the process as you walk through the house with your designated building supervisor, to get clarification on everything that is taking place. You can literally see your new life being built around you, and it’s a thrilling experience watching it all come together.
Closing and Moving In
After construction is done, this is the time to be handed the keys to your new abode, and break out the champagne!
Talk to an Expert About Your Home Building Process
At the early stages, building a home can often feel like a daunting task. In order to avoid difficulty, it’s important to have a clear plan as to how you are going to approach the entire process.
Securing the finances to build your dream home is not enough. You should ensure that you carry out research and talk to family and friends when choosing a builder that is credible and reputable. Once you feel confident you have chosen the right builder who is financially stable, has over 25 years experience and builds a large volume of homes for Western Australians, everything else in regards to home designs and plans, finance and pre-start all falls into place.
Do you need more insights or guidance on any step? Contact us anytime for assistance.
Last updated Jun 18, 2019