Building the home of your dreams is a bit different than buying a home on the market. If you’re bubbling with questions, you’re not alone. Here are a few common questions about custom home building, answered!
Why Should I Choose a Custom Home?
The real question is, why shouldn’t you? Simply put, a custom home ensures you’re getting exactly what you want. If you have specific ideas, styles, and floor plans in mind, you won’t find what you’re looking for in a mass-planned community. You’ll also get to choose where you invest every dollar. Build a bigger kitchen, add on a guest room – the ideas are endless.
Realistically, building a home isn’t for every single person. Some people like old charm in a home, and that’s something you can’t exactly recreate. However, if you have a dream for your home and want to have a say over everything, custom home building will be for you.
What is the Process for Building a Custom Home?
For any home builder, having a process in place ensures that everything runs smoothly and your dreams are realized without stress. We can’t say what the process of building a home is like for every builder, but at least for us, here is the simplified process:
- Select your community and floor plan – the first step is selecting the lot in the Montrose community of your choice and the floor plan that feels right.
- Personalize your home – this is the design development stage. You’ll make initial home feature selections, and we’ll make sure we’re staying on budget.
- Getting it built – with detailed plans and supervised construction, we’ll build your home just as you’ve envisioned it. We’ll also schedule several walk-throughs and let you know when major milestones are achieved because you should be involved every step of the way during this process.
- Getting settled – it’s time to hand over the keys so you and your family can move in and enjoy your new home!
How Much Will It Cost to Build a House?
Because custom homes are one-of-a-kind, it can be hard to give an accurate price. The price will depend on the size of your home, the lot, the features, the other specifics, etc. Luckily, the custom nature of the home means homeowners have a high level of control over the final cost, and you can build your house according to your budget. Picking the right builder will also ensure that you don’t spend more than what is in your budget while still getting the exact look you’ve been wanting.
How Can I Finance My New Home?
A very common custom home-building question is about how to finance a custom home. We know that mortgage loans are not a one-size-fits-all, so we’re here to help. Once your budget has been established, it’ll be time to figure out the financing you need. A construction loan is a great option and can cover the building costs, the land, labor, plans and permits, contingency reserves, and interest reserves. Learn more about this type of loan in our blog article on the subject.
How Long Until My Custom Home Is Complete?
Another very frequently asked question. Unfortunately, it’s hard to say as it involves a lot of determining factors. These factors include the design process, permit acquisition, site development, and of course, the construction itself. And being in Colorado, the weather certainly plays a role in how quickly your home can be built. Know that when you start the process with a builder, they’ll be able to give you an accurate timeline based off of the home you’re picturing. They’ll also keep you updated on any changes in the timeline so you’re never left in the dark.
How Do I Find the Right Builders?
Finding the right company is key to ensuring your custom home is built to your exact specifications and requirements. It is crucial to do your due diligence to find the right builder for this project. It’s not enough to Google “custom home construction near me” and go with the first result. You need to research and find a builder who is experienced in custom homes and design/build construction and is familiar with local building codes and regulations. Ensure they have a portfolio of past projects. Or, a list of references from previous homes they worked on is even better.
Custom home building is a big undertaking. But when done correctly, it can result in a unique home that needs your desires. If you want more advice on how to pick the right builder, check out our other blog on the matter.
Let Ridgeline Homes Help You Build the Home of Your Dreams
We hope this helps to answer your questions about custom home building! If you’re looking to start building your new home, we’re the homebuilders to call.
At Ridgeline Homes, we don’t just build houses; we build beautiful custom homes to suit the dreams of the families we work for. We help you make your vision come to life and will assist you in choosing the perfect lot in Montrose, Colorado, all the way down to the small details, like knobs on your cabinets. We also schedule several walk-throughs throughout the building process and send you notifications when milestones are achieved. Let us show you how simple and enjoyable custom homeownership can be. We’re ready to start this exciting process with you.
