Texas continues to be one of the best areas to build a home, with the state building the 4th most homes relative to existing homes in the country. Building a custom luxury home in Texas is a great way to begin your property ownership journey, reduce the stress and hassle of having to bargain and compete for a property, and own your dream home in no time. Here are some things to help you get started in learning more about the building process.
Choose a Builder
Before you start the process of choosing a home, you’ll want to choose a reputable builder that has a good selection of properties to choose from. Different builders have different perks, such as including appliances in their home packages, having desirable plots of land, and offering different financing options. Choose a builder that provides fast home building that’s stable and structurally sound, as well as aesthetically beautiful.
Think About Comfort and Value
Your home’s value is determined by the lot on which it sits, its design, and desirable features. Speak with your builder so you can choose a lot and design that adds both comfort and value to your home. For instance, you can tour different plots of land before you seal the deal and choose a lot that’s in an area near amenities like shopping centers and highways.
While you might not be able to get an exact view of your home, the surrounding area and future planned builds can give you a good idea of how your home will look once it’s completed. Ask to tour model homes and consider which design fits your lifestyle and comfort. From add-on rooms to recessed lighting, backyard patios, and more, your builder should have a design that works for you and your family.
While there are many pre-designed options to choose from when building a home in Texas, it’s always worthwhile to choose upgrades. Upgrades can be aesthetic, such as adding custom cabinets and a backslash to your kitchen, or functional, such as choosing hardwood instead of carpeted floors. These upgrades might come at an extra cost, but they’re worth it to have the home of your dreams and to add luxury and uniqueness to a normally simple design.
Discuss Financing Options
It’s always a good idea to discuss financing options with your builder before and during the construction process. Most builders will offer financing from their mortgage broker, or give you a good deal with low interest rates and other perks like no closing costs.
Ask your builder if you can roll your upgrades into the overall cost of your home instead of paying for them upfront or separately. Taking your time to discuss financing options is crucial to complete the building process. While it might seem like the least fun part of building your dream home, it’s the most critical!
Move In and Get Settled
Finally, it will take around 10-12 months to get your home designed, built, bought and closed on, and moved into! Expect setbacks if there are certain issues, such as storms in Texas or material shortages. However, don’t lose hope, and know that you’ll be settled into your dream home once you complete all of these steps above!