Designing your own home can be exciting!

To Build Your Home or Buy?

So designing your own home sounds exciting. So why buy someone else’s home when you can build your own? Well there are things to consider. For one thing, building can mean a lot more work than buying an existing house. You want the results of your own labor, but you have y our own work and with so many moving parts involved with building, and the time, knowing a few tips, and avoiding as many upsets as you can is imperative. Luckily, you are not the first to decide to build and there is a plethora of do’s and dont’s that can help you.

Do’s

  • Do make sure to use green friendly features. Going ‘Green’ is good for your finances as well as the environment. Purchase new eco-friendly windows and skylights. How your inside lets in the outside is one of the kingpins in keeping heating and cooling costs down long-term.
  • Do go energy efficient from the ground up. Insulated foundations are more energy efficient. Uninsulated basements can waste thirty percent of your energy dollars.
  • Do make it quick. On-demand or tank less water heaters keep energy costs and take up considerably less room than traditional models. If you’re building at $500/sqft, that alone can save you a grand not building a water heater closet.
  • Do make it light and Airy. Keep rooms with south exposure or other sunlit rooms well ventilated to prevent high summer temperatures when you are building your home. Operable skylights and good window coverings help to insulate too.

Don’ts

  • Don’t Forget about what’s Hidden. Closets, storage and shelving are easily skimped in the design phase but terribly missed later. Think about the seasonal items, your hobbies, be they gardening, camping to Halloween, need a home when not in use. A few extra closets, a sizeable garage space or built-in cabinets and shelving can save exasperation in your own home later.
  • Don’t Skimp. If it’s worth doing it’s worth doing right. Watch your pennies, but choose quality, especially when it comes to flooring, windows and doors and bathroom fixtures. Labor, not materials will be your biggest expense, yet these items have a big impact on overall value..
  • Don’t design for today only. Think long into the future. Your children will grow and the yard will still take work. Did you factor in your music room, art studio or other retirement needs?
  • Don’t design for today only. Think long into the future. Your children will grow and the yard will still take work. Did you factor in your music room, art studio or other retirement needs?

Abdicating is for kings, don’t do it. Others will have many ideas, but trust me, making your building decisions according to your preferences will reduce the many opportunities for regret that building can bring.
In the end, building your own ideal home is about identifying both what you want and what you don’t want, both now and in the future. Choose wisely when you decide to build your own home or buy one so your new abode will be comfortable, efficient and attractive to future buyers.

By | 2017-10-10T23:27:17+00:00 September 27th, 2017|

About the Author:

Paige Kaye Broker
Paige Kaye is a professional Real Estate Broker in Santa Barbara, California with Engel & Völkers. Follow her on Twitter at @homesized or on Facebook. Paige created her brand of boutique real estate services in 2004 when she became a Realtor after decades learning the nuances of asset evaluation in finance and property management. Now a Broker with Engel & Völkers, the leading shop maintaining the highest level of client care and market expertise, she brings the breadth of knowledge she gained while working with institutional investors to Santa Barbara homeowners and investors.
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