Building on a Budget
Mazza Building & Development Company has experience in building custom homes in Bloomfield Hills, Michigan and surrounding areas. If you are thinking about building a custom home, call (248) 625-3305!
When building a custom home, the first question on every home buyer’s mind is “what will it cost?” However, the bottom line is that how much your home costs will be greatly influenced by what exactly you want in your home, how you want your home to look and the types of finishes that you want to have. So where should you spend your money when building a custom home?
While a significant chunk of money goes into the kitchen, it is worth paying extra for amenities. When it comes to certain interior features, many buyers are willing to spend thousands of dollars above the price of the home to have them included. According to a USA today survey done in 2013, 55% of those who bought a home without a granite counter top said they would pay extra for it. Moreover, 69% of survey participants said they would spend more on a new home if it had new kitchen appliances. According to the results of the survey, it is worth it in the long run to spend a little extra for kitchen amenities.
However, for those on a tight budget, it might not be possible to install granite counters. For those that are short on money, it can be a good idea to cut costs on the finishes or trim in the home. Fixtures like faucets can always be replaced later and this can be an area to cut costs when building. When working a budget, it might be necessary to give up some of your wants to fulfill your needs.
The Family Room:
Oversize, don’t undersize, your family room. Families tend to gather and spend time in the family room. If you were to oversize any room, make this room a little larger than you think you need. For those that can’t afford a spacious family room, adding lighting to a family room can make it look larger. Here, it might be a good idea to skip buying hardwood floors and add a little extra square footage in the home.
The Master Bath:
This room is the owner’s retreat, a place to relax and unwind. Upgrading your master bath’s size and finishes will be an important feature and provide a good investment return. For those on a tight budget, bigger bathroom tiles might be an easy way to add some wiggle room into the budget. Larger tiles create a luxury look with less maintenance.
Make sure your rooms are large enough to meet your needs. It’s very expensive to come back later and add twelve or eighteen inches to a room because you’ve just realized it’s to small. If you’re on a limited budget, it’s better to hold of on some of the finishes than cut down the size of your rooms. Finishes can be added later, and the cost may only be slightly higher than if you installed them during the initial construction process.
Working with a builder is an essential part of building a custom home. What you will pay the builder to build your house will be agreed upon between you and the builder and be something that you are both comfortable with and believe is fair. When hiring a builder, you should know exactly what the builder is earning and what is being done to earn that money. With Mazza Building & Development, not only will you enjoy an unique home, but you’ll save time and money .
sources: http://www.usatoday.com/, bbbuilders.com