If you’re building a new house, planning begins long before you break ground. There are many steps involved, each with the potential for either hindering or enhancing your experience and process. To make sure you’re approaching the home building journey the right way, here is a short guide to the most important planning steps:
In most cases, hiring a general contractor is the most expensive part of building your new home. Picking the right contractor is a complicated process itself, but it’s crucial to compare different options carefully to find somebody affordable, trustworthy and efficient. Make sure to budget for every detail, and contact references to narrow down your options.
Usually, the general contractor is in charge of choosing materials, amenities and appliances for your new home. However, it’s in your best interest to be involved in the process as well. Make your specific preferences known, and stay firm on your budget needs.
If you haven’t purchased a lot for your new home, now’s the time to find one. Speak with real estate agents in your area to get a better idea of land costs in the locations you’re considering for your new home. You’ll also need to research details like zoning, building codes and soil condition before you break ground.
Most new homes are built from stock house plans provided by builders or designers. While it might seem simple to pick from a catalog, finding the perfect plan requires careful consideration. If you’re having trouble deciding, you can always consult a designer or builder for advice, suggestions or modifications to an existing plan.
You’ve probably already chosen a contractor, but there are other important players in this particular game. For instance, you’ll likely need a builder, surveyor, excavator and an architectural engineer. Assemble your perfect team and decide how much direct involvement you want to have in the process.
It’s essential to get everything in writing. Come up with a contract for the general contractor or builder, home designer and everybody else involved in the process.
New home construction contracts typically include a detailed list of all parts of the new house puzzle. This is where you make specifics like building materials and budget needs explicitly clear to prevent delays and confusion. If you need help drafting a contract, speak to a real estate agent or real estate lawyer for guidance.
Are you ready to put your new house plans into action? Keep these tips in mind to have the best possible home building experience.
Carolyn Andrews has over 30 years licensed Brokerage experience in both California and Colorado. Born in England, Carolyn moved to California in 1980, then relocated to Denver, Colorado in 1991. Carolyn has also received recognition for Top Sales at RE/MAX Alliance Aurora in 2007-2008 and is a member of the RE/MAX Hall of Fame & Chairman’s Club, as well as a recipient of the ReMax Lifetime Achievement Award. Carolyn has sold over 2000 homes personally in her career. Carolyn has been actively involved in many aspects of the Real Estate business including investment property, luxury homes, mountain resort property, skiin/ski out, REO/default management, loss mitigation, valuations, and disposition. She has been a speaker and panelist at several conferences and has been consulted on many occasions by various organizations in the REO/financial industries for her expertise and served on many boards. She has attended numerous ongoing classes to stay abreast of changes in the ever-evolving Real Estate industry. She is the prior State Director for Colorado for VAREP(Veterans Association of Real Estate Professionals). She is a member of 3 boards of Realtors including Metro Denver, Colorado Springs and Summit County mountain areas. She heads up The Andrews Group and is or has been an active member of NAR, CAR,REOMAC, CIPS, CRS, AREAA, NAPW, NAHREP, and is an original member of the ELITEReal Estate network. She was ranked #1 for most homes sold in Denver 2007 by Denver Board of Realtors, #2 for 2008, and #2 for 2009, #5 in 2010 and #4 in 2011 and has been consistently in the top 10 ever since. Carolyn Andrews has been a top rated Endorsed Local Provider for the Dave Ramsey Organization and also a Top Producing agent for 2018 for the Homelight Company.