Everybody thinks about one day building their dream home. It’s fun to imagine your ideal kitchen or game room or spa. But how do you know when it’s time to bring your dream home from your imagination into reality? How can you be sure that you’re really ready to build a new home?
Maybe this can help you make a decision. Here are 5 signs that you’re ready to build a new home:
1. You love the idea of a new neighborhood.
When looking for a new home, there are two main things to consider: the house, of course, and the location. Unfortunately, finding your dream home conveniently located in your dream neighborhood is easier said than done.
Deciding to build a new home, however, means that you can focus first on finding a neighborhood that you love and then on building your perfect home there.
So, if you find yourself living in a home that you love but the neighborhood isn’t quite to your liking, don’t settle. You should have both.
In fact, if the idea of living in a different, new neighborhood excites you, that is a sign that you are ready to build a new home.
2. You hate surprises.
In an older home, there is always the potential for something to go wrong. For instance, you discover a problem with the electrical wiring. There is mold in the bathroom. The furnace needs to be replaced. The tile has cracked in the kitchen.
Unfortunately, living in an older, previously owned home means that these kinds of unexpected (and costly) problems can occur at any moment.
On the other hand, building your own new home greatly reduces the chances of these unwanted surprises. For instance, everything in your home will be brand new and (most likely) under warranty. This means that there will be no expensive, surprise repairs in the near future.
Also, with a newly built home, you know exactly what you’re getting yourself into. If you ever decide to continue remodeling in the future, because you know exactly what the blueprint looks like, there will be no surprises if and when you start tearing down walls.
If you seek comfortable stability in your home and would like to avoid unwelcome surprises, then you may be ready to build a new home.
3. You’ve run the numbers.
Despite its many advantages, some people never even consider building a new home because they assume it will be too expensive – but that is not always the case.
In fact, if you do the math, you will find that just the opposite can be true.
When comparing building, buying, or renting a home, it is possible to build a completely new home for the same price as buying or renting a previously owned home.
Moreover, if you’re trying to decide between renovating an old, ailing house and building a brand new home for you and your family, don’t hesitate to break fresh ground. Trying to repair an old house only puts precarious band-aids on usually persistent problems. (Read more about Why Building a New Home is Better Than Fixing Up an Old Home.)
If you’ve already started playing the numbers game and assessing (realistically) the cost of a new home, that’s a sign that you’re eager and ready to build a new home.
4. You can’t find the right home.
Sometimes, no matter how many open houses you have gone to and no matter how many realtors you have spoken with, you just can’t seem to find the right home for you.
In some cases, you’ll find a near-perfect home, but it is too far from work, or not in your preferred neighborhood, or not in a good school system. Other times, you may have selected a neighborhood ideal for you and your family, but the available houses on the market are not the right size or the right style to suit your needs.
To avoid falling into this kind of back-and-forth, Goldilocks nightmare, there is one easy alternative: build a new home. This way you can get exactly what you want with no compromises.
If you’ve been struggling to find a home that’s just right for you, this is a sign that you’re ready to build a new home.
5. You have realistic expectations.
Building your own home really does mean that you can get exactly what you want. However, keep in mind that you need to plan your dream home within your budget (i.e. you must maintain realistic expectations).
Certainly, the process of envisioning your fantasy home is exciting (it’s something we all do!). But when it comes time to put pen to paper and to get serious about creating your new home, remind yourself to think practically about design.
There’s always a way to make your dream home possible, but you won’t always have a dream budget to work with.
Are you ready to get started thinking about your bringing your dream home into reality? That’s a huge sign that you are ready to build a new home.
If you can agree with at least three of the above statements, that’s a major sign that you are truly ready to build a new home!
Still a little hesitant about making that big decision? Read An Overview of the Home-Building Process: What to Expect to learn about what it’s like to build a custom home.
And if you’re getting closer to taking the plunge, check out Building a Custom Home: Questions to Ask Yourself to start thinking about making your dream home a reality.
Have you decided that you’re ready to build your dream home?
Visit brendonhomes.com for more information.