If you are thinking about building your next home rather than buying an established home, you are probably already aware of the amazing range of design options, whether choosing an existing floorplan from one of the larger building companies or having one designed by a building designer or architect.
No matter you intend to approach your building project, here’s some key questions you should ask yourself before you settle on the final design.
- Understand your needs
The first question you need to ask yourself is WHY you are thinking of building, and what you hope to achieve once the building is finished. Unless you are going to end up with a lifestyle that you can’t achieve by another means, you may want to reconsider whether it’s going to be worth the time delays and extra stress.
- Look to the future
While your house plans may fit your circumstances today, will they be a problem as your family circumstances change? For example, if your children of today are likely to still be living with you as young adults, (as many do nowadays), will your floorplan provide them with the independence they need, particularly as they form relationships?
- Set priorities
Unless you are working with an unlimited budget, (we wish!), the chances are you won’t be able to have every single design feature and fitting that you’ve dreamed about. So establish the ‘non-negotiables’ first, then prioritise your ‘aspirational features’ to make deleting some easier.
- Get advice from experts
There is no substitute for experience, so don’t make any final decisions until you’ve spoken with experts. When you’re building, this can include everyone from designers to building experts.
- Add up all the costs
One of the biggest mistakes people make when building a new home is not allowing for ALL the costs. Whilst a budget-blowout can easily occur when selecting your fittings, it’s often factors like driveways, landscaping, service connections, council fees, (even those extra power points that you added at the last minute), that can impact your bottom line.
If you’re a fan of TV programs like Grand Designs or The Block, you’ll know that no building project ever runs on time or on budget, which can be a major source of stress for all concerned.
However, one way to reduce stress when the time comes to sell your existing home is to make use of a Vendor Advocate. If you’d like to know more about this service, a great starting point is to get a FREE copy of our booklet, “FATAL REAL ESTATE TRAPS EXPOSED”. So don’t hesitate to download a copy while you’re here.