Renovating or constructing a home is a huge task that requires correct decision making and proper planning. As the homeowner, you must understand that any mistake you make or wrong decision you take is irreversible. Whether you’re experienced in construction or this is your first project, careful planning is required since there are lots of decisions to be made before you can realize your home ownership dream. Here are some of the mistakes you want to avoid when building a new home.
Cutting Corners on Budget
It’s not uncommon for people undertaking new construction or home renovation projects to go for poor quality materials at a lesser cost so they can save money. Cutting corners on budget will always result in a disaster. You have to adequately plan for your budget. The cheapest bid doesn’t always mean the best offer. From the contractor you hire to the materials you use, never compromise on quality.
Acting as your own General Contractor
Why would you choose not to take professional assistance for your huge investment? Not only will a general contractor supervise the subcontractors and ensure proper communication but also make sure every aspect of your project is handled correctly, within your budget and on schedule. There’s no better way to ensure the success of your construction project than to work with an experienced general contractor.
Not considering the needs of your Family
You prefer having a custom-built home? That’s great. You can now have the home of your dreams. However, you must take into account how your family will evolve in the future. If you’re a young couple you might want to consider how big your family will be in the years to come. Don’t just look at the present. Carefully consider the needs of your family for the future.
Working with the Wrong General Contractor
The fact that you’re not supposed to be your own builder doesn’t mean you can just get anyone claiming to be a builder to work on your project. Take some time to research, ask for recommendations, and evaluate several general contractors so you can find the right company to work with. Find an experienced contractor you can communicate with and one who’s committed to transforming your ideas into a reality.
Taking a Laid Back Approach
Why would you choose to be passive with one of the biggest investments you’ll ever make in your lifetime? You should be present and be involved throughout the decision making process of your project. Make sure you’ve read and understood the contract before signing it. Hire a company that’s licensed and insured. Don’t shy away from asking for the contractor’s insurance policy.
Not being Prepare for Unforeseen Additional Costs
You might have a carefully planned out budget but that doesn’t mean you won’t encounter unforeseen costs. Unforeseen problems such as bad soil, termite damage and dry rot can result in additional costs. Plan for such and be prepared to resolve such issues when they arise.
Compromising on Location
If you’re looking for a family friendly location to build your dream home, you might want to avoid busy streets and stores. Other important factors to consider include the water table, terrain, and slope. Don’t just focus on the size and price of the lot. Take some time and research the area. Consider your proximity to neighbors as well.