Building a custom home can be an exciting and stressful time for most people. It can also be challenging for people who haven’t done it before. The great thing about coming up with a custom home design is that you can decide on every little detail and feature. But if you’re not careful, you can make mistakes along the way. You should be aware of the common pitfalls that can turn your dream home build into a stressful situation.
Here are some mistakes you should avoid while you’re building your custom home.
It may be tempting to build your custom home on a cheaper lot, but you also have to think about location. Homes within a prime location will automatically have a higher value, which is why you should purchase the best lot that you can manage and afford.
When it comes to putting your team together, it doesn’t matter where you start (whether it’s an architect, builder, or interior designer). But it’s important to have your entire team together before you start the process. Not only will it help with budgeting, but it will also allow you to avoid any setbacks that can occur when a new team member with a new set of ideas comes in after the design process has already started (or has already been finished).
Making changes on paper is simpler and less expensive than making them after the construction process has already started. You need to spend enough time on the programming and design process if you want the final construction to look as good as possible. You can make sure you have a quality design that you’ll love to call home while avoiding any expensive changes once the process moves further along.
Because you’ll be facing long lead times and busy schedules from the people on your team, it’s important to make timely decisions (especially if you want to avoid delays in the construction schedule). You should make most of your decisions before the construction process starts, because having a completed plan will make the construction process go more smoothly.
You will make about 280 decisions while you’re coming up with a custom home design, and your initial “gut reaction” will often be the best one. Second-guessing yourself at every stage of the process will only cause more delays (and ultimately, more stress). Rely on your team if you have doubts, because there’s a reason why you hired them.
A custom home design is truly one-of-a-kind, which is why trying to modify an existing plan to make it work for your custom home can be like trying to fit a square peg into a round hole. A lot of builders offer semi-custom homes, which can be a great option for some projects (depending on your budget and the level of customization you’re looking for).
Many homeowners attempt to oversee the entire construction process themselves, but this approach often leads to significant challenges. Without a deep understanding of the process, expertise in building codes and permits, or access to reliable materials and skilled labor, managing a project can quickly become overwhelming. The value of professional guidance should not be overlooked. Seasoned architects, builders, and designers can help prevent expensive errors and ensure that the project progresses efficiently and successfully.
Even if you have a great plan, something could happen during the process that you didn’t account for in your original budget. So, you should have a contingency fund in the builder’s bid or your own overall budget. The amount you should have in this fund will vary for each person and project, but you should have at least 10% of your overall construction budget put into a contingency fund (with 20% being more ideal).
Subcontractors aren’t the people you should communicate with or give directions to. They have been hired to do a job that has been given to them by the construction manager, who is the one with which you should discuss your home. This person is the only one who has information about the project.
If you’re looking for one of the best custom home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes.
You’re ready to build that perfect home in the style you want and with all the space you need, but you might be wondering how to make the most out of your custom home build. Like any other major project, you need to take the time to figure out what you’re looking for and how much you want to spend. This kind of planning is important, because it will allow you to figure out what your priorities are and what you can realistically afford.
Start by outlining all the financials of building a home , you’ll be better prepared to navigate the complexities of the process while minimizing any financial or emotional stress that comes with going over budget. You’ll have a clearer understanding of everything involved, which will make sure the project stays within your financial boundaries.
The first step in building a budget for your custom home build is deciding what type of home you want. You need to determine the basics of your custom home build, which should include the following:
Think about how you live in your current home, so you can figure out what is and isn’t working in that space. You should also think about what you love about your current home and what drives you crazy about it. Coming up with a prioritized list of your wants and needs is a great place to start. From there, most home builders will be able to give you a ballpark figure of how much it will cost.
When embarking on a custom home build, the first crucial step is determining your total budget. Begin by thoroughly assessing your financial situation, including your savings, income, and existing financial obligations. Establish a realistic budget limit that you can comfortably spend without compromising your financial stability, and remember to include a contingency fund of 10-20% to cover any unexpected expenses that may arise during the construction process. Once you have a clear understanding of your budget, explore various financing options. Construction loans are a popular choice, as they cover the cost of building the home and typically convert into a traditional mortgage upon completion. Alternatively, you can pre-qualify for a mortgage to understand the amount you can borrow and the associated interest rates. By carefully determining your total budget and exploring financing options, you can ensure a smooth and financially manageable custom home building experience.
Once you have a basic idea of how much it’s going to cost to build your custom home (most builders will be able to give you a price range per square foot), you need to take that number and break it down into costs that are fixed and variable costs you home more control over.
In a custom home build, understanding the distinction between fixed costs and variable costs is essential for effective budgeting. Fixed costs are those expenses that are relatively stable and predictable, such as land acquisition, design and permit fees, and foundational work. These costs are usually established early in the planning process and remain constant throughout the build. On the other hand, variable costs can fluctuate based on choices and unforeseen circumstances. These include material selections, labor costs, and interior finishes, which can vary significantly depending on quality, market prices, and availability. Additionally, unexpected expenses such as delays, weather-related issues, or design changes can further impact variable costs. By carefully planning for both fixed and variable costs, and allocating a contingency fund for the latter, homeowners can manage their finances more effectively and avoid budget overruns during their custom home build.
Key areas include material selections, labor, and interior finishes. For materials, choices like opting for engineered wood instead of solid hardwood, or laminate countertops instead of granite, can significantly reduce costs. Labor costs can vary depending on the complexity of the work and the expertise required; hiring local contractors or skilled but less expensive tradespeople can offer savings. Interior finishes, such as lighting, fixtures, and appliances, present another opportunity to manage costs. You might choose to splurge on high-end kitchen appliances or custom cabinetry, while saving on standard bathroom fixtures or opting for mid-range lighting options. Strategic planning and prioritizing where to save and where to invest can help achieve a balance between cost-efficiency and desired luxury in your custom home build.
If you’re looking for one of the best home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes.
A lot of things can come into play when you’re deciding on the perfect home. You have to think about every little detail — from layout preferences to all of its designs and functionalities. You can make your custom home design as unique as you want it to be. But because there are what appears to be an endless number of options, it may seem impossible to choose. One of the most important decisions is whether to build a one-story or a two-story home. Both options have their pros and cons. If you do a careful evaluation of the important factors, it can be easier to make the right decision.
Budget and other financial considerations are important in the decision-making process. You need to look at the cost of the initial construction, the long-term maintenance expenses, and the resale value to decide which option is more suitable for your current financial situation. The initial construction costs between one-story and two-story homes are often similar because both of them require foundations, walls, and roofs. But two-story homes usually don’t require as much in terms of materials and labor.
Long-term maintenance costs need to be considered as you compare both home types. Because of their simpler design, one-story homes don’t have as many issues related to roof and gutter maintenance. But two-story homes may need more frequent maintenance because of an increased amount of wear and tear. Resale and market value are also factors that are worth considering, so you can decide which one will be a better financial investment. One-story homes may be more desirable, so they may have a higher resale value. But two-story homes may be more popular in others.
Heating and cooling efficiency can have a significant impact on your home’s energy consumption. Because warm air rises, two-story homes can have uneven energy distribution. This can lead to the need for installing multiple HVAC systems or zoning to maintain certain comfort levels throughout your home, but one-story homes tend to keep a more consistent temperature because of their single-level layout. Insulation and air leakage are also important considerations. Two-story homes often have more wall surface area that’s exposed to the elements, so they can experience a lot more heat loss and gain.
Aside from all the cost and efficiency differences between both homes, you should take the following into careful consideration:
You should think about your long-term plans and goals (such as whether you plan to age in places or sell your home in the future). This will help you make a more informed decision. If you want more square footage, two-story homes will always give you more bang for your buck because you’ll have more vertical space. But the maintenance costs will be higher. Not to mention, all the energy-efficiency challenges.
One-story homes will be easier to maintain and will be more suitable for people with mobility issues. They will also be safer to evacuate in case there’s an emergency. But if you have a large family, you won’t have as much privacy. They will also require more land to build, which can increase their construction costs. You will even be limited in your design options, because of their single-level construction.
If you’re looking for one of the best custom home builders in Corpus Christi to help you design the perfect home, be sure to get in touch with Devonshire Custom Homes. We have a team of experienced professionals who would be happy to speak with you about your specific needs.
As of August 2022, 77% of Americans over the age of 50 prefer to age in place instead of moving somewhere else (even though the cost of in-home care was 10% more expensive than assisted living). A lot of seniors feel more comfortable in a familiar environment. But how can they age in place if their homes have stairs, high cabinets, and other obstacles?
The term “future-proofing” is used in the design industry to refer to any important things to consider when you plan to stay in your home throughout your senior years. It’s also referred to as “planning for aging in place,” and all of these strategies can help you to create a more comfortable future by thinking about your changing needs as you age.
Here are some things you should think about as you future-proof your home.
Cost is one of the biggest reasons people decide to move out of their homes. The cost of heating and cooling will most likely increase, which can contribute to your home’s affordability as time goes on. One way to address this concern is to take advantage of modern window technology, so you don’t have to give up any great views to keep your heating and cooling bills down.
You can improve your home’s energy efficiency with a blanket of insulation, so you can keep your home comfortable while keeping your energy costs down. It’s your home’s defense against the heat and cold of the outdoors, so it can help you keep indoor temperatures under control throughout the year without putting too much of a burden on your HVAC unit.
Nobody wants to move because of physical changes and health issues that come as we age, but it happens to people all the time. Have wide doorways to give you more room to move. You should have all your main rooms and appliances on one floor, so you can have a head start in case mobility becomes an issue. You should also think about having a single-floor living plan that gives you space for sleeping, bathing, cooking, and doing laundry.
If you live in a multi-story home, you may not realize how much you use the stairs or how hard it would be to navigate your home if you weren’t able to climb them. You may not even realize how many obstacles are inside your bathroom until you have limited mobility. You can make it more accessible if you install a low-threshold shower or if you make room for future grab bars. You can even add some extra space, so you have more room to move around in.
Making sure your home has the right materials can make a big difference when it comes to your physical health, which is an important thing to consider when you’re future-proofing your home. Clay plaster floors and cork floors can add beauty to your home while limiting the amount of waste left over during construction. You can even use reclaimed wood in certain areas.
Healthy materials won’t off-gas chemicals into your home, and they won’t add pollutants to the water or land. Look for any products that are labeled “no VOC,” which don’t have any Volatile Organic Compounds. VOC’s let off gasses from unstable compounds, so products without them create fewer odors while they’re being applied or drying. This will improve the indoor air quality inside your home (where VOC’s can accumulate over time). This applies to paints, stains, adhesives, furnishings, insulation products, and any other manufactured items.
You should think about using natural materials (such as untreated wood, cut stone, cork, and woven grasses). They will not only give your home great texture and visual interest to your space but will also be easy to maintain. Clay plaster is also a great option because it has no VOC’s, plastics, or formaldehyde. It can even absorb odors and some airborne toxins, which can make your home healthier to live in.
Using materials that are made well and are built to last will reduce your maintenance demands. And while these types of materials are always being introduced into the market, there are some time-tested options that are worth considering. Metal roofs are great alternatives to asphalt shingles because they’re resistant to impacts and corrosion, can withstand severe weather, and have more than double the lifespan of traditional roofs. They won’t catch fire if they’re exposed to flames or if they’re struck by lightning, and you can recycle them at the end of their use.
If you want to have a future-proof home design and are looking for one of the best custom home builders in Corpus Christi, be sure to reach out to Devonshire Custom Homes.
It’s easy to feel torn between buying an existing home or building a new one. The idea of designing your dream home that has been customized to your individual needs and wants has a strong appeal, but it also has some disadvantages that don’t come with buying an existing property. Everything from the cost to the timeline will change with every decision you make.
Some of the benefits of building a home include the following:
Aside from all the benefits of building a home, it does come with some drawbacks. The upfront cost could be higher, and you may have a longer commute if you travel to work. Because you’ll be in a developing community, you won’t have access to mature landscaping (which can take years to grow).
Some of the advantages of buying an existing home include the following:
Despite their benefits, existing homes come with their disadvantages. Unless the floor plans have been remodeled, you’re less likely to find a modern floor plan. It will also have outdated technology and fixtures. Some may even have knobs and tube wiring that date back to the first half of the 20th century. While it may be possible to upgrade the wiring and install smart technology to replace the old thermostats and lighting, it costs more to redo something than it would be to install it while the home is being built.
The insulation on older homes may not be as good, and they often rely on polluting resources (such as gas and oil) for heat. So, they’re not as energy efficient as new construction homes. There will also be more potential for extensive repairs and maintenance. Roofing and heating systems can also have you spending more money where you don’t expect to.
If you’re looking for one of the best custom home builders in Corpus Christi, be sure to reach out to Devonshire Custom Homes.
Open floor plans have been a popular architectural trend for residential properties over the last several decades, and it’s often the goal for many large-scale remodeling projects (such as combining the kitchen and dining room into a communal living space). Open floor plans have two or more common spaces that have been combined to form a larger area, which is often achieved by getting rid of partition walls. Implementing this kind of design creates a sense of openness, which promotes more traffic flow.
Open floor plans can create one large space (which is often used in city lofts and office spaces), but they can also include popular concepts (such as a Great Room). Implementing this kind of design to your custom home can have many advantages. Some of them include the following:
Many modern homes have open floor plans, because they can use decorating themes that can’t be used in more enclosed spaces. Be sure to speak to a professional for more information about what can work with your specific style.
While they’re a popular choice, open floor plans aren’t ideal for every homeowner. You should think about your specific needs and some of the drawbacks of incorporating this kind of design. Here are some of the disadvantages of an open floor plan:
If you’re looking for one of the best custom home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes.
Buying a home can be a fun and exciting experience, but finding the right home is only one step in the process. It’s a big financial commitment that involves a lot of paperwork, which is why finding a home loan can be just as important. If you’re not prepared or aren’t organized, you could deal with some frustrating delays. Proper preparation and understanding of how to get a mortgage before you start the process will make sure the process goes more smoothly.
Here are some things you should consider while you’re looking for a mortgage on your new home.
Depending on the lender and the type of loan you choose, your required down payment can be 3-20% of the home’s purchase price. Having a monthly budget will help you set aside enough money for your down payment. Once you have determined what your budget will support, think about automatically depositing the money from your paycheck or bank account to a savings account because it will be easier and more convenient to put money away every month. If you’re not able to come up with a large down payment, you should look into getting an FHA loan (which helps homebuyers who can only make a small down payment).
Having a strong credit profile will put you in a better position to get the best deal on a home loan, so it’s a good idea to get a copy of your credit report before you start the process. You’ll be able to see what your credit profile looks like to a potential lender, so you can take steps to improve certain factors or correct any inaccuracies. You can get one free copy of your credit report every year from each of the three major credit reporting agencies by going to www.annualcreditreport.com.
When you apply for a mortgage, you’ll need to give the lender a number of financial documents because it will make the loan application process go more smoothly. You should at least be prepared to give them your last two pay stubs, your most recent W-2, your tax returns from the last two years, as well as any current bank and brokerage statements.
Mortgage calculators are great tools that can help you understand how much you can afford. They’re easy to use, and they can show you how much your monthly mortgage payment would be under different home prices. They will even allow you to work through different down payment and interest rate scenarios.
Not all mortgages are created equal. Even if loans have the same interest rate, there may be differences in the points and fees that can make one offer more expensive than another. You need to understand all of the things that go into determining the price of a mortgage, because it will allow you to compare different offers. You also want to understand the different parts of mortgage pricing.
This will be one of the biggest factors in determining the cost of your mortgage. They change almost every day, and it can be helpful to know which direction they’re going.
Many real estate agents want you to get pre-qualified for a loan before they will even work with you. It’s a simple process that usually requires some financial information. This will include your income, any amount of savings and investments you have, as well as a credit check. Once you have been pre-qualified, you’ll have a better idea of how much you can borrow and what types of homes you can afford.
Your parents might have had a 30-year fixed-rate loan, while your best friend might have had an adjustable-rate loan. But it doesn’t mean that either loan is right for you. Some people like the predictability of a fixed-rate loan, while others prefer to have a smaller upfront payment that can come with an adjustable-rate loan. Every home buyer has their own unique financial situation, and you need to understand which type of loan will work best for your specific needs.
If you’re looking for one of the best custom home builders in Corpus Christi to help you design your new custom home, be sure to get in touch with Devonshire Custom Homes.
If you’re thinking about buying a home, you should first get your finances in order because you need to make sure that you’re ready. It’s so important that you should look at them well before you’re ready to apply for a mortgage. That way, you’ll have some time to improve your finances and your credit. While many people say that everyone should buy a home, it just isn’t true. If you sign on the proverbial dotted line for a new home when you’re not financially ready, it will turn out to be a curse instead of a blessing. The house will own you instead of the other way around. But if you’re financially ready to purchase a home, it can be a wonderful and rewarding experience for you and your family.
You’re ready to buy a new home if the following are true:
If you’re looking for one of the best home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes.
If you have built a custom home in the past, you know that location is everything when it comes to the construction process. It sounds simple, but it can affect every part of the decision-making process. If you take the time to find the right place for your custom home, you can reduce your land and purchase expenses by a significant amount. It can also make the building process easier, because you may have to deal with fewer regulations. It can even help you to sell your home at a higher value later on.
While the decision about where to build your custom home can seem overwhelming, following some simple steps can help you to find the right place. You most likely have an answer in your head already, but you need to decide whether you want to be in a city, suburb, or rural area. You also need to think about what kind of lifestyle you want to have. If you want to raise your own chickens and don’t like closing your blinds, an urban setting might not be the best choice.
You may not think about it while you’re looking for the right location, but it’s a good idea to think about what kind of amenities you want. If you have children or plan to have them, you should think about how close the schools are and whether they’re of good quality. How close are you to work, and do you have access to other facilities (such as transportation stations, shops, and hospitals)?
Make a list of the people you want living nearby and whether you want close neighbors. What kind of people are living in each neighborhood, and what are the locals like? Getting answers to these questions can help you to determine if you’re building your home in a good area. You also want to think about how close you are to friends and family. Some people don’t want to build a house within 50 miles of their extended family members. And while it is a personal decision, it’s something you should take into consideration.
This is one part of the decision-making process that you have less control over, and it’s something you may not have thought too much about. It does, however, affect the overall cost of building your custom home. The slope of your property can cause a significant increase in the cost of construction. A house that’s built on a steep ridge will cost a lot more to build than one that sits on a flat lot. Things like extra time, building materials, and risk are all things that contractors will consider.
There are a number of other factors that will cause the price to go up. Some of them include the following:
If you’re looking for one of the best custom home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes.
You might be ready to have that perfect home with all the space you need and in the style you want, but you might be wondering how planning a custom home budget actually works. Taking the time to figure out what you’re looking for and how much you want to spend on it is an important step in starting a home building project. A budget will allow you to determine what you can realistically accomplish in your custom build. It will also have an impact on what type of land you build it on, how big you can really go, and the quality of materials you can use.
Once you have an idea of what you want to build and have put together a rough estimate of the design and building costs, it’s a good idea to start the process of applying for a construction loan. All you want to do at this point is to get pre-approved, because it will determine if you have the money to build the house you want.
If the construction loan pre-approval amount is lower than you expected, you may want to think about a production home in a developed area or design a different custom home. You don’t want to spend too much more than what you’re pre-approved for (unless you plan to pay for any extra costs with cash out of your own pocket).
Once you have a rough idea of what it’s going to cost (most home builders and contractors will give you a rough range in cost per square foot), you need to take that number and start to build out your budget breakdown. And there are some costs you need to consider as you put together a custom home budget. Some of them include the following:
If you’re looking for one of the best custom home builders in Corpus Christi, be sure to get in touch with Devonshire Custom Homes. We would be happy to speak with you about your specific needs!
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