There are several factors that come to mind when you are looking to owning a home of your own. Do you want a newly constructed home, or would you prefer an older home that’s already lived? Do you own some land? If so, why not build your own home? After looking at all of this, the best solution is if the other two are not working out is to build your own home. You can have it built just the way you want with as many rooms as you need. Your family will appreciate having a real home to call their own that you didn’t have to hunt down.
The Process
You may need a real estate agent to help you obtain some land. That’s good because now that you have paid it off, you can start the process of building your dream home. Of course, you would need to draw up some house plans with a home builder so that you can see how it’s going to look once it’s finished. These plans are a guide as to how you want your home. The ground has to be cleared to start the foundation. Once that’s done it’s time to build up the structure. It may take a two to three months before your home will be completely ready to move in. All of the items a home should have need to be in place. A walk through of the home to make sure it meets the codes that are to be enforced are done with an inspector. Plus, you have to check out the stairs if you had some put in. You need to make sure they are properly secured. Other things to look at are the doors and windows. They have to open and close correctly.
The Price
Your home may be a bit more expensive than most newly constructed homes simply because it’s not the same. Your home is unique and may run you in the area of $200,000 to $500,000 depending on what you how it was built and what was put into it. There are probably certain taxes you will not have to pay but you will for the home itself every month in the form of a mortgage payment. Depending on where you live, there may be yearly property taxes. Either way, you are in your very own home and are loving it. This is better than having to put down earnest money and waiting on a credit check. You can pay for your home outright or do monthly payments. Just know that you definitely got what you paid for in a positive way.
Building your own home is a great idea if you have the funding to do it. All you need is land and a home builder to pull it off. You will get a professional job with your personal touches to come home to. Find a builder now to create your own dream home.
