Expert Tips For Building a New Home! Building Your Dream Home

Thinking of a brand new house for yourself and your family? It’s good news that your savings have finally allowed you to go ahead and build a new home! Whether you’re looking to create your dream home from scratch or plan to renovate an existing property, there are plenty of things to consider when embarking on such a massive project.

That’s where tips for building a new home come in. By taking the time to learn more about everything from budgeting and construction loans to design concepts and choosing finishes, homeowners can ensure that they make informed decisions throughout the process. 

In this blog post, we’ll go over some expert tips for building your own home in Minnetonka – so you can avoid costly mistakes and enjoy every stage of the exciting journey that is creating your own unique living space.

10 Tips for Building a New Home

Your dream home must reflect who and what you are, so you definitely want it to be perfect! Check out these ten tips for building a house in Minnetonka that can help you stay on budget, avoid costly mistakes, and create the perfect living space just the way you desire!

1. Choose the Right Building Method and Location

When it comes to new home construction, you must choose the right building method and location. It’s important to research different construction methods and materials that suit your needs, budget, and style. Are you looking for a custom-built house or something more economical? This decision will help dictate which method of construction you choose.

Also crucial is selecting the right location for your new home. Consider factors like proximity to schools, shopping centers, and emergency services, as well as the overall community vibe, when deciding on a site.

According to recent polls from the NAHB (National Association of Home Builders), 64% of people prefer suburban locations, compared with just 11% who say they prefer living in urban areas. At the same time, rural homeownership rates are slightly higher than urban rates, ranging between 70% and 86%.

2. Establish a Clear Vision for Your New Home

One of the most critical steps in building your new home is establishing a clear vision before you start construction. Take your time to think about what you want and need in your new residence, from the layout and floor plan to fixtures like cabinets, countertops, tile, light fixtures, plumbing amenities, and landscape. 

Budgeting when building correctly makes all that planning invaluable. While it’s important to get exactly what you want throughout the house – don’t forget that sometimes there could be additional costs as well.

3. Create a Realistic Budget and Stick to It

It has to be highly emphasized that you create a realistic budget and stick to it. Your budget is essentially the foundation upon which your entire project will be built. So it’s essential that you take the time necessary to develop an accurate estimate based on your individual needs.

The average cost doesn’t include additional costs – like purchasing land or securing permits required by local building codes. Knowing this information upfront can help you better understand what type of loan terms might work best for you when considering financing options with possible increases in mortgage rates down the line.

4. Hire the Right Team of Professionals

Fight with the right team! While it may be tempting to take on all aspects of the project yourself, working with experienced experts can make a huge difference in both time and cost. This includes finding a reputable general contractor as well as subcontractors such as builders, plumbers, and electricians. They can ensure that everything is up-to-code and functioning properly.

According to industry statistics published by NAHB, hiring qualified construction professionals was named one of the homeowners’ top considerations for successful new home builds. 

So do your research ahead of time, choose wisely, and then sit back while watching your dream house come together brick-by-brick, thanks to a great team effort!

5. Obtain Necessary Permits and Check for HOA Restrictions

Obtaining the necessary permits and checking for HOA restrictions is an essential step when building a new home. These permits are issued by local governments to ensure that the construction process follows specified standards and regulations. Failure to secure such permits can lead to legal consequences, fines, or even having your project suspended.

Additionally, check with the Homeowners’ Association (HOA) regarding any restrictions on design or other specifications of your home’s outer appearance. This ensures compliance with neighborhood covenants and prevents potential issues down the road. 

According to a survey conducted by Bankrate, homeowners who built their own homes faced permit delays in 60% of cases due to administrative reasons. Avoid costly mistakes by proactively researching these requirements well before breaking ground.

6. Prepare for Decision Fatigue and Be Flexible with Timeline

One of the biggest challenges of a new build is decision fatigue. With so many choices and options to make, it can be overwhelming for homeowners. The process can take months or even years to complete, with changing trends in materials and designs that may affect timelines. It’s important for homeowners to prepare mentally for this type of exhaustion by taking breaks from the project as needed.

According to experts at Zillow Group Inc., staying flexible with your timeline is also a good idea when you’re building your dream home. Because closing dates could change due to permit delays or other unforeseen circumstances, such as inclement weather conditions.

Take care of yourself and have reasonable expectations throughout these unpredictable processes. This way, you are putting yourself in an excellent internal position where even when something goes wrong, which inevitably will happen, it does not impact you too negatively! You will start feeling less overwhelmed over time!

7. Be Involved and Stay Organized Throughout the Building Process

Building a new house can be an exciting and daunting experience. One way to make sure your project goes smoothly is to stay involved and organized throughout the building process. 

As the homeowner, it’s important to work closely with your builder or general contractor from start to finish, making decisions on everything from floor plans and fixtures to cabinet styles and countertops. Keeping track of all these details is essential in order not to go over budget.

Accordingly, research shows that homeowners who are most satisfied with their custom build are those who experienced fewer disagreements during construction. That’s because they stayed actively engaged. 

Utilize online tools such as spreadsheets that assist in tracking expenses, which will help you keep better tabs on finances throughout the process. It may also be helpful if you develop good communication patterns between builders/subcontractors by requesting weekly updates.

8. Consider Going Green and Energy-Efficient Features

If you think about the environment, it will benefit you too! Going green and including energy-efficient features in your home is not only beneficial for the environment but can also save you money on utility bills.

Homes with proper insulation and energy-efficient windows can save quite a chunk on heating and cooling costs. Additionally, installing LED light fixtures instead of traditional incandescent bulbs can reduce your electricity bill by up to 80%.

Eco-friendly or sustainable materials like bamboo flooring or recycled glass countertops are becoming increasingly popular. These options are not just environmentally friendly but also durable, making them perfect for a long-lasting investment in building a dream house that adds value over time.

Choosing green products gives us cleaner air quality than ordinary carpentry materials, which could bring more health benefits, especially when we have kids who love playing most of the time indoors.

9. Avoid Over Customizing and Focus on Functionality

You must put functionality at the forefront of your design decisions. While customizing every aspect of your new house can seem enticing, it’s essential not to go overboard with personalization. Over-customization during construction leads many homeowners to face costly changes in the future. That even makes their homes challenging or impossible to resell.

According to an article by Money Crashers, homeowners who stay within 20% of their neighborhood’s average home value tend to have higher resale prices on similar properties. So don’t get carried away with unique fixtures or intricate landscape designs! Sometimes keeping things simple is enough.

Instead, focus on making sure every part of your house has a practical purpose while still optimizing its aesthetic appeal. By doing so, you’ll create a functional environment tailored precisely to how you live. That too, without risking any undue costs associated with a too-large painting budget when building anew!

10. Don’t Forget About Storage and Future Needs

When building your home, it’s easy to get caught up in the excitement of selecting fixtures and finishes for your dream space. However, one important factor that many homeowners forget about is storage and future needs. 

It’s essential to plan for ample storage space throughout the house, including closets, cabinets, and pantries. There was a survey conducted by ClosetMaid Corporation in 2017 on U.S consumers’ attitudes towards their home organization habits. It showed that over half (55 percent) of respondents admitted that clutter negatively impacted their productivity at work.

Additionally, this planning should allow you extra room if needed. Those boxes don’t disappear on their own, especially when considering seasonal decor or even kids growing into new hobbies!

Building a Home? Brewer Built LLC is Here

Brewer Built LLC experts claim, “It’s important for prospective homeowners to put ample emphasis on selecting not just any builder but one who will understand everything as per homeowner requirements.”

So, if you’re thinking about building your dream home in the Minnetonka area, be sure to choose Brewer Built LLC! With years of experience specializing in custom homes, we are the premier choice for anyone looking to create a unique and stunning living space.

Our team is dedicated to providing high-quality craftsmanship using only the best materials available. We work closely with our clients throughout the entire home-building process to ensure complete satisfaction every step of the way.

Let us help you make your new house a reality—contact Brewer Built LLC today!

Conclusion

Building your new house should be a fun and exciting journey where you make wise decisions that will create the perfect living space. By following these expert tips, you can navigate this process successfully. 

Choose the right building method and location while establishing clear goals and budgets; work with reliable professionals; and keep necessary permits in mind to avoid any issues down the line. Be ready for decision fatigue during this fulfilling journey, but stay flexible as things may take longer than expected. 

Just believe that your dream home is within reach; start building it today!