Building your dream home is one of the most rewarding things you will ever do. It is also complex, time-consuming, and very costly. The stakes are high. You have a lot invested and you want the end-results to be just right. Here’s some tips to help you along your way.
1. Set a realistic budget
The biggest factor in avoiding disappointment or budget blow-out is to set a realistic budget. Some builders will tell you what you want to hear and add extra dollars on after you’re already committed. You need to know what everything will cost – upfront. Let your builder know what your budget is. That way they can work with you designer or architect to show you what your options are – what can be realistically achieved within your budget. Be transparent about your budget so that everyone is very clear from the outset about what you can afford.
2. A dream homes needs a dream team
To achieve your dream home you need a team that works well together and communicates clearly and openly. Your builder will work closely with your architect or designer to realise your goals. While the architect/designer will be creating the blueprint for your dream home, your builder will be responsible for overseeing your budget and ensuring that plans are within your reach. The saying ‘teamwork makes the dream work’ is 100 per cent true when it comes to building a home. Teamwork is everything!
3. Get clear about your expectations
In the early stages you can go wild thinking about what you want in your dream home. As the process goes forward, you will begin to decide what you need, what elements are ‘must haves’ for you, and what things are less important. This will help you design your dream home within budget. Your builder can help here by offering you great alternatives that fit within your specs but at a lower price.
Building a home takes time. It is a process and there are sometimes delays. Being realistic about your timelines will avoid a lot of stress. Your builder should communicate with you often to keep you up-to-date with progress.
Communication is incredibly important when building your dream home. Ask questions and insist on transparency from the outset. Track costs and progress with your builder and stay in the loop via regular texts or emails. Be really clear about your expectations and expect the same in return.
If you’d like to talk with us about your dream home, we’d love to hear from you. Building people’s dreams is what we do best.