MORE HOUSE. MORE YOU.
A BLOG ABOUT BUILDING, DESIGNING, DECORATING AND LIVING IN YOUR DREAM HOME
Recommended Readings
BUILDING A NEW HOME VS BUYING AN EXISTING HOME
My nephew and his wife contacted me recently to ask my opinion on whether or not it was better to purchase an existing house or build. It was a great question and got me thinking about the best way to answer it. I asked them whether they had ever looked at houses, and if so, which one was more appealing to make an offer. They had seen a lot of houses, but none seemed to be in their price range. Although they liked one house they saw, they realized it had an 11-year-old roof and would require a new roof soon. They wanted to know how much a new roof would cost. I didn't know the exact size, pitch, or other details so I made a guess at $12,000 to $15,000 depending upon a few things that I would need to know. They hit the nail on its head with [...]
HOW TO PREPARE FOR THE PROPERTY TAXES WHEN BUILDING A NEW HOME
An pre-owned, available home purchased from a realty listing is very different to building your custom house with your most wanted amenities. This is especially true when it comes time to prepare for property taxes. How will you determine how much to save or put towards your mortgage without knowing the exact amount? Many families are baffled by this topic as they consider the ongoing costs of homeownership in relation to a new home. It is not as difficult as it seems at first glance, but it can be a lot easier to understand. You can find a satisfactory solution to your property taxes related to your new home with a little research and legwork. PROPERTY TXES IN YOUR AREA Property taxes will apply regardless of where you build. Are you new to homeownership? Property taxes can vary from one municipality to the next. Property taxes are generally assessed by [...]
BEFORE PRICING A NEW HOME WHAT YOU SHOULD KNOW
You need to verify certain details before you buy a computer. What type of computer do I need? What size and price is the monitor? How about speakers? It was very useful to get a quote on not only the price of the computer, but also the options. This gave me confidence that I would know the total cost before I bought. You will get the base price for a home when you request a price from the website. However, we can't give pricing until we know which options you are interested in. A free estimate is required to determine the cost of building a house. You will need to have it in writing to be able to refer to later. This estimate will include the base cost of your chosen home design as well as any optional items you choose to add. The cost of site development will depend [...]
WHY NEW HOME IS COST VARIES WHEN COMPARING THE SQUARE FOOTAGE
It's exciting to build a home. You will finally be able live in the house of your dreams, with all the features and comforts you desire. Now you're ready to start getting bids. That's when you run into an unexpected, seemingly-unexplainable puzzle: The cost-per-square-foot conundrum. This is why it's so mysterious. It's simply the fact that it doesn't make sense to compare the cost of building two new homes based on square footage. A 1800-square-foot house might cost $100 per square foot. However, a house of the same size could cost between 10-20% more or less per square foot. Although they look identical, why is their final cost so different? It is possible to break down the answer into three parts. The first is the question of square footage. The second concern is that of materials. The last consideration is buyer personality and needs. SQUARE FOOTAGE - NOT ALL SQUARE [...]
How do I buy a home if I already own one?
This is a crucial question that needs to be answered. You will ultimately have to decide how you want to proceed based upon your situation and your tolerance for risk. There are two options to consider when you purchase a new home and presently own a home: 1. SELLING YOUR PRESENT HOME BEFORE STARTING CONSTRUCTION ON THE NEW HOME You can sell your existing home before you build a new one. This allows you to estimate how much you will need to pay. If the buyer does not allow you to stay in your current home, it will most likely require you to find temporary living quarters or move furniture twice. The buyer should not settle on the current house until the new one is completed. However, buyers will often want to buy and move in before the normal building time for a new home. A buyer might also be [...]
