Planning to build a home from the ground up is an exciting undertaking, but one that requires a lot of consideration. We’ve outlined our top 3 factors to consider when thinking about your residential project. Keep reading to find out how to set yourself up for success.
1. Get financing in order
There are usually more costs involved when building a custom property than when buying resale. Some aspects to consider that are unique to custom-built homes:
- Land acquisition
- Design and construction
- Administrative costs and management fees
- Labour and materials
While cost containment is a top priority for Bray Lyn Homes and any trustworthy project management firm or home builder, setting a budget from the outset will help you efficiently and strategically plan your build.
When you work with a reputable company to bring your dream home to life, they’ll likely have a network of trusted professionals which they can refer you to. Financial specialists, lawyers, contractors, and other service providers can usually be recommended by companies who build a lot of homes and have good relationships within the industry.
Consider your family’s lifestyle, not only your aesthetic preferences. While it’s fun to think about stylistic features and finishes, it’s important to consider what you need your home to do for you.
- Are you big on sustainability?
- Do you entertain or have houseguests frequently?
- Do you spend most of your time inside or outdoors?
These are all questions to ask yourself because they’ll determine the specifications and functionality of your home. You might want a grey water collection system or solar panels installed. Maybe you want an indoor/outdoor living space. You might even want off-grid living features. Knowing how you plan to use your home informs how it’s built. Spend enough time considering how you currently live, and how you want to live, so that your dream home can be brought to life.
3. Thoroughly screen your service providers
Just like you would vet a real estate agent before hiring them to represent you, it’s important to do your due diligence when hiring a construction management firm or home builder. You want to know that whoever you choose to work with is experienced, reputable, and able to provide the services you need. Here are some questions to consider:
- How long have you been in business?
- Are you licensed and insured?
- Where have you worked most?
- What is the process like?
- What is not included?
- What are the timeframes?
- How do you ensure quality construction throughout the process?
- How do you communicate throughout the process?
- Try to get referrals, and read reviews
- Ask to see previous and recent builds
- Ask about the warranty—what it covers and how it works
You want to feel confident that the company you hire has the expertise and professionalism you need for a custom home project.
While you probably want to hit the ground running, don’t rush the process. Ensuring you have proper financing, a clear vision, and a reputable company managing your residential build is essential to a seamless and successful process—and an enjoyable experience.
Considering a custom home build? Connect with our specialized team to get your questions answered and get the process started. Call or email us today, and we’ll be in touch right away.
Browse Our Past Projects
Our builds are contemporary, customized, and excellent examples of high-level craftsmanship. Browse our portfolio to see our work.