Carefully Select the Builder
Before hiring a builder, drive past their previous jobs and speak to homeowners. Ask if the builder had good follow-through, whether the job was completed on schedule and on budget and if they were pleased with the quality of work. Also, check the builder’s relationships with subcontractors and supply houses. Essentially find out if they pay their bills. A builder who is behind on payments will most likely encounter delays in receiving materials and have a hard time keeping a quality crew.
Hire a Lawyer
Have a lawyer review the contract with your builder. Building a home is a major investment and it’s important to make sure all of your bases are covered. A small lawyer fee up-front could save you thousands of dollars should something go wrong during construction.
Investigate the Area
Before purchasing land, research the school district and crime rate. Drive around the surrounding area, checking for convenience to interstates, schools, shopping, and restaurants.
Don’t Over Build
Before finalizing home plans and beginning construction, compare the home you’re planning with others on the same street. You never want to be the most expensive house on the block; you won’t get your money back when you sell.
Build For Your Future
When planning your home’s layout, think not only about your current lifestyle but also plan for a few years down the road. For older adults, a master bedroom on the ground floor is a smart bet. Also, including a shaft that could one day be an elevator is a good idea. The space could be used as closets now and easily converted to an elevator should the need arise.
Don’t Go With the Latest and Greatest
Fill your home with technology that will stand the test of time. State-of-the-art features are great but quickly become outdated. Buy products that have been on the market for a year or two. They’re less expensive, readily available and any initial kinks and design flaws have been worked out.