Constructing a new custom home is one of the best experiences. Before you begin construction on a new custom home, there are a few items you need to consider. Making these considerations will help the custom home building process more enjoyable and run smoothly.

Location

Whether you are buying a new property or demolishing the old one, the location of the structure will determine the level of comfort you will get once you move in. It is important you choose a place that has good security and infrastructure. Check to see how close the place is to public transit, entertainment, and walking parks. If you have children, consider proximity to schools, playgrounds and recreational centers.

In addition, you need to understand how you will use the land once you settle in your new house. This may include constructing a garage, installing in-ground pools, setting up a playground for children and building gardens. Knowing how you will use the land will help come up with the right building plan.

 

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Consider The Floor Plan

The floor plan highlights your expectations and guides the builder. You need to discuss your plan so that you can come up with a perfect design. Find a custom home builder like Alair Homes Maple Ridge who is skilled and has a deeper understanding of custom homes. Also, make sure they are registered by the relevant professional bodies.

The floor plan should be complete before you begin the building phase. However, this does not mean you can’t make any changes to the plan after you have begun constructing the home. Home builders know that changes are inevitable in a project. They often make their floor plan very flexible just in case there is a change that needs to be made.

Consider How You Will Finance the Project

There are a lot of things you have to do when financing a new custom home. You will need the lender to give you a mortgage for the construction and to purchase the property of the custom home. When financing your custom house, you need to find a good financier who can meet your needs. A few banks offer loans specifically designed for constructing custom homes. You will receive up to 12 months of financing, after which you will be allowed to convert the loan into a permanent mortgage. You also need to understand the requirements associated with down payments. Most loans require 20 percent down payments. Others can go as low as 3 percent.

Building Permit

When working with Alair Homes Maple Ridge, we need to identify the building permit requirements. Permits differ with Municipalities, so we need to check with your Municipalities building department for specific requirements needed for issuing us a permit. The Municipality will send an inspector to the land were we plan to construct the house. He or she will check the ownership of the land, its zoning conditions and location. It can take a month or more to get a permit, so we want to make sure we take the right steps first to plan and detail the drawings to submit permit package with the city to eliminate any delays.