Tuesday, November 12, 2019

How To Make Your Dream Home A Reality

Image by Michal Jarmoluk from Pixabay 

In today's climate, many people are struggling to buy a house, nevermind their
dream home, the one they really want, and the one they want to stay in for the
rest of their lives. But if you have the time and you have the money, then
perhaps building your own house is a possibility. If you've not thought about it
before, then there are a number of benefits to building your own home.

These include getting the exact amount of bedrooms and dimensions of the
rooms that you want, choosing everything from the shape of the property to the
floor plan, and including all the green and eco-friendly features you want to, to
name a few. As well as getting exactly what you want, most self builds should
also be worth considerably more than they cost to build, meaning that you get
your dream home for a fraction of the market price.

So, what do you need to do? 

Work Out Your Budget
Start off with researching; you need to know how much the land will cost, the
architect fees, builders fees, cost of materials, fixtures, fittings, and everything
else you will need when you build a property from scratch. Do you know what
materials you want to build with and how much they will cost? Then you need
to think about if you are able to cope with such a huge financial commitment?
And will you be able to afford to pay alternative rent or mortgage for somewhere
to live while this house is being built? 

Choose Your Location
Location is one of the most important things when it comes to moving house,
but it is even more so when you're looking to build your own. Your starting point
should be to speak to estate agents, look at property websites, and check land
auctions. You should also check whether any land developers, local farmers, or
utility companies have any undeveloped land in the area and find out if they are
open to offers. Then like with any house you need to consider how you will get
to and from work, is there useful links to public transport, local schools, and

Look At Different Options
desirable and affordable option for many buyers looking to enter the property
market. According to recent research from houseandland and Lonergran, 25%
of Australians who are looking to buy their first home within the next five years
will look to build a new home. It also states that a new home build on average is
more affordable than buying a move-in ready home, and savings are reported to
be around 14%. House and land packages also offer a good solution to the
housing affordability crisis, and they are one of the easiest and fastest ways to
purchase a home that can be tailor-made to meet a family's needs. 

So, what are you waiting for? Don't put that dream house out of your mind; start
writing it all down and drawing pictures of what you see, then make it a reality.

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