Each and every week at my open house I am meeting more and more new home buyers who are looking to build a new home for the very first time. They love the ability to make their own selections and design a home around their lifestyle, but they are often confused as to where to begin. If you are finding yourself in the same situation here are a few questions you should ask yourself before you begin the process of building your dream home.
What do you need?
This may seem like a basic question, but you’d be surprised by how many people look at new homes without having a solid answer to this question. The best thing you can do to address this issue is to sit down, assess your individual needs, and put it down on paper – this is important. If four bedrooms is a necessity or you want an extra large mudroom off the garage, put it in writing. When you begin to tour homes and browse designs online there will be a thousand things running through your mind, so it’s important that you establish a clear set of needs which are non-negotiable in a new home.
How do you live your life?
This question is related to the first, but it deals with a want instead of a need. A nice deck in the backyard isn’t a necessity, but if you enjoy entertaining outside then its important enough to make plans around it. If you love cooking and entertaining, then a gourmet kitchen with an extra large island may be that perfect thing you’re looking for. It’s these choices which make your home unique. It’s how we design around you, because a home should work around your life – not the other way around.
What is your style?
Here’s where the process really gets fun and the number one reason why people choose new home construction, everyone loves to choose how their home looks. When it comes to selections, you’ll have control over everything from paint to door knobs. If you saw a farmhouse sink you loved, we’ll install it. If you love the look of painted cabinets and trim, consider it done. With all this choice there’s one thing you can do to make it easier and that is figuring out your style. Whether you get ideas from sites like Pinterest and Instagram, or through touring model homes, building your new home becomes that much easier when you’ve had time to see what’s out there and decide what you like best.
Have you spoken to a financial advisor?
Although I have put this last on the list, if you are serious about building a new home this should be the first question you ask. Before setting out to plan for the home of your dreams it’s important to determine the point where those dreams and reality meet, and work around that price. Going into the process with a realistic expectation gives you the power to confidently make decisions and take real steps into owning a new home. A trusted financial advisor and institution is just another person in your corner who can help you achieve your goals, and it’s always good to have more people on the team. Here at Michael Lee Homes, we’ve partnered with Adam Will of Traditions mortgage. His ability to navigate construction loans and provide a one-time close is why we choose him and recommend each of our clients reach out for a consultation. For more about financing or for contact information you can visit our financing page.