The Importance of a Home Building Plan

May 29, 2012 by  
Filed under Real Estate Information, Real Estate Tips

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Your home is not some abode that you hang your hat in or a place to stay dry when it rains. Your house puts your entire lifestyle and personality on display for the world. The thing is; your home has also become the largest investment in your life to this point – and perhaps for all time. Many people spend any future investment capital on their home – and plenty of it as a source of keeping their investment viable over time.

Building a home as an investment is fine and you will need a building plan for your new home. Prior to that discussion though, let us talk about what that home building plan really is. Sure, it’s something you need to construct the actual building, it is also an opportunity to pick and choose exactly what you want to have in your home and place it exactly where you want it. It can also be complicated so working with a professional home designer is recommended, but these days there are software programs available so you can have some fun experimenting with these. Just remember that this a time when you should let your imagination run wild – you can rein it in later.

Start with making a list of the things you definitely want in your new home building plan and these need to be part of regardless of the cost. You could also devise a list of those things you do not want. This aids in keeping both spouses on track and the same page. You also need to ask yourself if you are planning to sell the home at some time in the future. If the answer is yes, your home building plan should reflect that by having features built in that are popular for the majority of homebuyers.

Do not be afraid to add energy efficiency into your home building plan, for example making sure you have top grade insulation throughout, high energy heating and cooling and use building materials that promote energy savings. Will your home be a one story or a two-story home – obviously these needs to be outlined in your home building plan? How many rooms are you going to have in your new home? What about the number of bathrooms and the size of each? Once you have these questions answered you will be able to begin calculating square footage costs to determine costs and pare away what you cannot afford – there is no rush for firm numbers at this time.

Assuming you still need to purchase a lot for your new home, you need to consider the location you desire and its affordability. Once you determine where you want to live, your home building plan should be designed to fit suitably in that area. Many developers have regulations and standards in place that maintain the “look” of a neighborhood as it develops. This could also determine how unique your home building plan will be. Even if your choice of home building plan is acceptable, it should be attractive to the masses and be easy to turnover in the event of a forced sale in the future so keep it buyer friendly.

Prior to starting your home building plan, you should familiarize yourself with home designs and basic construction so drive through new areas and attend a few open houses of brand new home for ideas. Also buy some design magazines and troll the Internet for design ideas and home building plans – there are literally thousands of them online. There are also many cool online tools available to assist with your home building plan and as I mentioned earlier, some software programs available to aid in your home building plan design.

Your new home will reflect your personality and that of your family. You want to take your time and design something you can feel great about for years to come. Your home building plan is where it all begins so focus your attention to this important aspect of a new custom home purchase.