Have You Always Wanted to Build a New Home? Here Are 6 Helpful Tips to Get You Started!
Brought to you by our guest blogger and preferred realtor, Mark Edwards.
Is 2019 finally the year to buy a new home? Have you lived in your present home too long? Always wanted a better kitchen with modern appliances and a huge center island for family and friends to gather around? Tired of high energy bills and looking for a home that’s more energy efficient? Is that old garage too small? Is outdoor living something you’re missing in your current home? If you’re shopping for a new home this spring, building a brand new home may be exactly what you’re looking for. If you’re not sure on how to get started or if you don’t know who to talk to? Here are 6 tips on how to get started on building your new home that will help provide a smooth experience:
- Be sure to select a highly reputable builder that has a proven track record of having satisfied customers. Most of the time you hear people complain about building, they’ve somehow gotten connected with a builder who is either unorganized, is overwhelmed, or maybe over extended. Find a builder that has a proven track record and has excellent references. (Do they have reviews on their website, Facebook page, Houzz.com, etc.?) Teaming up with a successful homebuilder will also usually have professionals that will help guide you through the building process and help you make decisions that will stand the test of time. Some often have an interior designer who may help recommend the choices that are more everlasting versus making a disastrous interior selection that doesn’t go with each other.
- Quality Control and a Hands-on Approach– Builders that visit their job site every day, or who have a competent superintendent is a must. Visiting several of their current job sites under construction is a good way to investigate their day-to-day operation. Does the builder have dependable and reputable sub-contractors? We’ve found that a builder that uses the same contractors over a period of time gives them the known quality control and better service after the sale. This also reduces the risk that something may arise causing construction delays. (The other biggest reason for delays are the actual homebuyer who changes their selections or can’t decide)
- Select a home plan that has been designed for today’s lifestyle! Don’t make the mistake of selecting an outdated floor plan because the builder has had the home plans for a long time. Most floor plans designed 7-10 years ago may have the smaller kitchens, formal living rooms, and wasted space. Today’s new home plans have finally caught up with how people want to live today. Most homebuyers today move into a new home to get a better designed kitchen, walk-in pantries, a larger center island that connects to a larger family room area, larger informal spaces, larger master showers, larger garage, etc. Outdoor living space and backyard creations are other big hot buttons today. Having the covered back porch lead to some kind of outdoor retreat- stepping down to a brick paver (or stamped concrete) patio for some type of fire pit or fireplace is very popular. Informal outdoor living is reflective of people’s desire to entertain at their homes more. If you can’t afford to install the patio and fire pit now, plan for it to be added later. Invest in the kitchen, if it’s in the budget, try to include hard surface counter tops, and smart cabinetry (soft close drawers, tile backsplash, under cabinet lighting, quality appliances including a gas range). Investing in quality flooring downstairs will help with the wear and tear over time. Carpeting upstairs can always be replaced easily if needed. More and more homebuyers are selecting a pre-finished wood floor or an engineered flooring product. (Tile backsplash and wood flooring can always be added later if it’s not in the budget right now)
- Must have a first floor bedroom! If you’re building a two story, make sure you have a room downstairs that can be used as a guest bedroom and has access to a full bath. This flex-room can also be used as a home office or study. If you’re building a ranch style home, we recommend an optional bonus room over the garage with access to unfinished space on the second level for storage- maybe with potential to expand. Main floor living is becoming more popular. Including the bedroom on the first level makes sense on many fronts. (The bonus room can also be left unfinished and completed later)
- Think Resale Potential! Many of the suggestions above are all based on the future resale potential which should be in the back of your mind, unless you’re planning on living there forever. If you’re trying to achieve a better return on your investment, then the more you may want to add flexibility in your layout- make your home appeal to more potential homebuyers, thus maximizing your exposure. If you’re not as concerned about the return, then concentrate on building the custom home the way YOU want it, not the way someone else may want to have it. I still believe that the way a home shows on the resale market is often times the most important factor on a quick sale. Curb appeal, quality updated finishes, and a well maintained home are always important factors.
- Location, Location, Location! Finally, another important factor regarding the resale potential that is also arguably more important, is the location of the home. Is it located in a growth area where people will be moving to in the future? Does the community offer amenities today’s homebuyers want? Communities like Founders Pointe (Isle of Wight County, VA), The Riverfront at Harbour View (Suffolk, VA), Waterfront at Parkside (Suffolk, VA) and The Landings at Bennetts Creek (Suffolk, VA) walking trails, open space, landscaped common areas, and have nearby recreational amenities. They also feature architectural guidelines and protective covenants that help assure the homes around you are built with similar quality features (both interior and exterior) that appeal to today’s homebuyers, which should help your home continue to be in demand down the road.