Building a new home checklist will help you keep organized through the entire process of building you new home. This is one of the most crucial steps of the preparation period. So my advice is to create a checklist. Let’s now go over what should be included on your checklist.
Building a new home Checklist Items: Pricing Information
When building a new home the first thing to consider is the price. Constructing you new home will take a lot of money. Many banks will structure the loan so that you pay interest throughout the construction process, before converting the payments into a traditional mortgage once the project is complete.
Building a new home Checklist Items: Style of Home
The next item to take into consideration when building a new home is the style of the home. Should the home be two story or only one floor? Would you prefer a Victoria style home, or a cozy bungalow? The style of the home will play a part in dictating everything from costs to construction time.
Building a new home Checklist Items: Lot
Next on your checklist comes lot information. What needs to be done to the lot to prepare it for the building process? You should also keep track permit information, and city regulations as they pertain to your new home.
Building a new home Checklist Items: Specifications
The next item to look at is the home specs. These will be what you share with the home builder or contractor that will be building your home. In most cases you will need a home builder or contractor to help you flush out the specifications and to draw up a rough floor plan. I’ll go over the details of finding a home builder or contractor next. Some people take their initial ideas sketches to an architect, so that they can flush out their ideas.
Building a new home Checklist Items: Finding a Home Builder or Contractor
Next up on the checklist comes finding a home builder or contractor. Make sure to talk to several different builders or contractors. I recommend a minimum of three. Take the time to find reviews, and information about company’s you are considering. See if you can find other homes in the area that they have built so you get an idea of what type of work they do.
Building a new home Checklist Items: Arranging Financing
Now that you have all the preparation done you can actually arrange the financing. You have you home drawn up, and the builder or contractor has given you the estimate to take to the bank. An organized home building checklist may even help you secure the loan, by showing the bank that you are organized and well prepared. Talk with your builder or contractor if they have any recommendations. Note: It’s a good idea to get pre-qualified for a loan before you get to this point so you know how much you can afford from the start. You actually want to do this and include it as the number one item on the checklist.
From my experience, creating a building a new home checklist is one of the best ways to help stay organized during a project. It will give you a quick and easy reference to all your building and financial information as you go through the home building process. I hope this information was useful for you. It is in your best interest to learn as much as you can about the home building process. I highly encourage you to download the free new home Steps Guide above on the right hand side and learn as much as you can about the overall home building process.
1. Include pricing information on your building checklist.
2. Next on the new home checklist include what style of home you are interested in building.
3. Next on your list comes lot information.
4. Create detailed home specifications and include them on your building checklist.
5. Research and find a home builder or contractor to build your new home. Make a list of possible candidates and include them on your list.
6. Arrange financing and include the relevant information on your checklist.
7. Learn more about the home building process by downloading the free new home Steps Guide above on the right hand side and become savvy on the overall home building process.
Let me know if you have any questions about this article or anything else related to home building. Good luck with your home building project.