Building Your First Home: The Essentials

Building Your First Home: The Essentials

Since the real estate market is currently not quite blossoming, many people actually decide to build their first home rather than buy it. Aside from the fact that this enables them to flat out create a house of their dreams it also allows them to choose the materials their new house is going to be built from, among other things.

That being said, building your first home is no easy job. Aside from making sure that you have the necessary budget for the project you also need to ensure that you’ve picked the right area, contractors and materials. With that in mind, let’s see what the essentials of building your first house are.

The budget

As mentioned earlier, you need to ensure that you have enough resources to see your project through before you actually get down to organizing it. This will require you to do some thorough research and try to find out the estimated prices of things your budget will need to cover. Chances are that you probably won’t have that amount of money stacked and ready to go, which means that you will most likely need to find some alternative budgeting options. This will probably require you to apply for a loan which means that you’ll also need to ensure that your credit history and credit score are healthy and optimal.

The location

Aside from securing the funds, you will also need to find the perfect location. First, you should check out all the available pieces of land and see which location suits you best. Here, you should assess how far away you’d be living from your job/your kids’ school if you were to build your home at a particular location. This will help you significantly with the elimination process. Another thing that can help you when choosing a piece of land is how much work will it require in order to connect your home on the water and electricity grid. The more work the piece of land requires pre-building, the more expensive the project will be, so keep that in mind as well.

The contractors

The contractors you choose for the job also play a huge role in this type of projects. By ensuring that you’ve found the best possible fit for the task at hand, not only will you guarantee quicker and more seamless completion but you’ll also ensure that everything’s done the way it was originally intended. With that in mind, in some countries, such as Australia, hiring different contractors for different parts of the project is actually quite a common practice. That’s why so many Aussies chose to hire professionals in Sydney Commercial Carpentry when building their homes to ensure that all their desires are being met – and sometimes even exceeded – and all the right materials are being used.

The materials

Finally, when it comes to choosing the right materials, the majority of homeowners want to ensure that they’ve gone green and sustainable as much as possible. It’s important to mention here that if green and sustainable is your goal as well, aside from looking at the material’s stats and traits, you should also see where it is from. What this means is that while bamboo, for instance, is a very sustainable material, the place it originates from is Asia. So, when you account for the distance it needs to travel to get to you, it will actually lose quite a bit of sustainability. That’s why it would be best to focus on finding salvaged and locally-sourced materials for your building project.

These were just the essentials of a house building project you should keep in mind when building your first home.  Aside from them, make sure you think ahead of time when deciding on particular features, layout and similar things because who knows? The fact that you’re building your first house doesn’t have to mean that you’re also building your forever home. So, consider including some popular elements in your house design that will boost your property’s value and make it more appealing to potential buyers if you ever decide to sell it.

 Guest Contributor, Diana Smith