Many first-time homeowners who opt to build their first home feel overwhelmed by the process. It’s important to lookout for some of these common mistakes.
Choosing the Right Sonoma Ranch Lot
When planning a new Sonoma Ranch house construction, you’ll first need to find a lot, or piece of land, where your house will reside. It’s worth taking the time to ensure you’re happy with the size, shape, and view of your lot before any construction begins. You should consider these points:
- What is local traffic like?
- Can you get to amenities like grocery stores easily?
- What types of offices and health care services are nearby?
- Where does the sun rise and set with respect to the lot?
These questions can help you better frame how your house will be constructed. When in doubt, work with your housing developer and builders.
Keep Your Budget or Mortgage in Check
When you build a custom home, it’s easy to end up with a bigger mortgage than you’d bargained for. Alterations during construction, unplanned delays, and requests for upgraded materials can all change the price of the home.
To avoid over budgeting, make a plan for the materials and design you’re wanting ahead of time. Arista Developers are extremely experienced in managing this portion of the home building process. We outline your aesthetics, preferences, and interior/exterior choices to ensure we stay on track during the home building process. We’ll also help you price out everything so you can decide whether features are worth the investment.
Always keep the budget in mind and select your options (and stick with them!) for the duration of the home build. This will avoid any setbacks and/or unforeseen expenses.
Avoid Making Big Purchases While Building a Home
You may have heard it before, but keep your spending in check while your house is being built. Buying a new car or new furniture, for example, may be tempting but can affect your debt-to-income ratio. This will, in turn, impact your mortgage eligibility.
When in doubt, try to delay any big purchases until after you’ve signed your mortgage paperwork.
Make Changes During the Design Phase
Plan ahead of time for the space you envision needing. When you’re looking at your new home design, take a closer look at the bedroom, closets, storage, and living spaces. Decide if the overall size fits your lifestyle before moving forward. It’s much easier to make design alterations than it is to change things during the building process.