Whether you have been saving up for decades or you have worked hard for a number of years, it all pays off once you have enough money to build your dream house. People dream about the homes that they would turn into little family sanctuaries where they will spend many memorable hours and where their children will grow up. Needless to say, to turn such a dream into reality is no easy task, especially if we take the financial factor into consideration. Now, not every dream house has to be luxurious, but it should have all the features you have longed for. This might be something as simple as your own bookcase or a wardrobe for shoes. Once you have the funds ready, it is time to create a plan that would make all your fantasies come true. This is where you have to have in mind different aspects of building a house, as there are numerous requirements that you have to meet.
Start fresh or renovate?
First things first, you need to decide whether you are going to turn your old abode into a dream house or are you going to purchase a new property. This decision should be made based on the current state of our home. The cheaper option is to keep your current home, move into a hotel while it is being renovated and finally move into a spruced up house. However, if this makeover involves extensive construction work, like adding a whole floor or tearing down too many walls, then this option becomes too expensive to execute. If your vision is completely different from what you have right now, then it might be better to simply purchase a new property that already looks the way you imagined.
Finding the right contractor
No matter how handy you are and how much experience you have in the construction industry, don’t try to build the house on your own. The task beforehand is simply too extensive for one person, or even a team of laymen. That is why hiring contractors is the best way to go. This seems easy, just google them or to pick up a phonebook, but in reality, good and responsible contractors are hard to come by. Since you are not going to roll up your sleeves to work, make sure you search far and wide for a good contractor. Ask your friends and family if they can recommend someone, look into the contractor’s portfolio, and even search the comments section on their Facebook page. We cannot stress enough the importance of hiring a reliable contractor. Once you find your man, be sure to set everything you agree on paper.
Getting a home improvement loan
Like we stated numerous times before, building your dream house is going to need a huge budget. From the very start the contractor is going to ask for a down payment as high as 10% of the projected overall cost, so be ready to let go of thousands of dollars from day one. If you don’t want to borrow money from friends, complete the budget with a loan. You don’t have to go to a bank, as many enterprises offer home improvement loans at affordable interest rates. When it comes to the issue of money, its amount is not as important as securing that you won’t get ripped or that you will have insufficient funds for emergency costs that regularly pop up.
Once the building commences, you have to stay up to date with what is going on. Get to know the builder and exchange contacts so you can stay in touch. During the construction you have to communicate constantly with the people building your house. On one side, how will they know what you want if you don’t tell me? On the other side, they are experts so they can advise you on what is possible and what is simply impossible to execute. By conferring with them, you ensure that the finished house will be both safe and that it will match all your preferences.
Buy furniture online to save money
Your new house is going to need new furniture inside because a new house means a fresh start in life. Shopping at local stores might be the first thing that comes to your mind, but the online market offers better prices. There are sales online all the time, so you can save up to 50% if you order. To top it all, many of shopping platforms offer free shipping if you buy items over a certain amount. Since you are cashing out thousands of dollars, this applies to your case. Online wholesalers are better that retail, so make use of this factor. On the plus side, you can choose from more color patterns and models online as many pieces of furniture are actually custom-tailored to meet the needs of shoppers.
Furnish the house to your needs
A dream house is a new start in life, so make it count when it comes to furnishing it. Don’t be a creature of habit and instead make a list of the things you want to see installed inside. Hate doing the dishes? Buy the first dishwasher in our life. Don’t like curtains? Ditch them altogether and install shades in the color to your liking. These things might seem trivial, but the devil is in the detail. Small thing like these are what constitute a home.
Get hold of enough boxes
With all the money problems and organizational issues, many people forget that for a successful move they are going to need boxes, and a lot of them. Go to your local grocery store and ask for the shipping boxes they receive every day. They will be more than willing to let go of them. If this is still not enough, address the bigger supermarkets as they have tons of cardboard in their back parking lot. On average, any move will require at least 50 boxes of various sizes.
Thank you so much for sharing all of these fabulous tips as they are all valid things to think about. Especially whether to buy a home ready to go or one that you will want to renovate. I tend to like older homes and of course updating is a part of the process... but buying new is refreshing as it is ready to go... no upgrades needed. Not sure which way I will go but I do tend to like the older homes and neighborhoods..... they have an added charm and character :)ReplyDelete
These are all great tips on how to turn your home into a dream home. I think it's a good idea to have a home improvement loan and get all of the work done at once. It saves on nerves too because sometimes it can be stressful to renovate.ReplyDelete
So many great tip here! Now I just need to move out of San Francisco and find my dream house!ReplyDelete