Investing in a home is one of life’s most significant decisions, and the idea of embarking on a custom home building journey might initially seem intimidating and financially burdensome.
However, there are several compelling reasons why custom home building doesn’t have to be as intimidating as it might sound. Let’s delve into some common concerns and demystify the process:
Common Concerns About Custom Home Building
1. Staying on Budget:
When it comes to custom home construction, one common fear is the potential to go over budget. It’s understandable since homeowners often find themselves tempted to make small, unplanned upgrades during the construction process, which can slowly accumulate into significant costs. To address this, it’s crucial to partner with a trustworthy contractor who can help set a clear budget from the outset, taking into account the homeowner’s needs and desires.
An effective way to mitigate budget concerns is by allocating a reasonable contingency fund, typically around $20,000, within the overall budget. For instance, if a homeowner’s budget is $500,000, a wise contractor will establish the project budget around $480,000. This strategic approach allows room for accommodating minor changes without causing financial strain.
Beyond the immediate budget considerations, new construction homes offer long-term financial advantages. These homes typically feature up-to-date roofing, plumbing, and energy-efficient appliances. Consequently, the cost of monthly utilities, such as heating and cooling, tends to be lower compared to older homes.
Additionally, maintenance expenses are more predictable, amounting to roughly 1% of the home’s value annually, compared to older homes that may require costly upkeep. Moreover, insurance premiums are generally lower for new custom homes due to their superior structural condition.
2. Time and Convenience:
Another common concern is the time required for custom home building compared to other types of new construction. Building a custom home may indeed take a bit longer because of the highly personalized nature of the process. However, this additional time allows homeowners to design their dream home with unparalleled freedom and flexibility.
On average, a custom home takes around 5.5 months to complete, whereas non-custom homes from larger construction companies may be ready in approximately three months. The timeline can be influenced by homeowner decisions, but a skilled home builder will guide and remind homeowners to make timely choices throughout the construction process, ensuring that everything stays on track.
During the construction period, homeowners can continue living in their current residences or choose to rent an apartment temporarily. Interestingly, this waiting period becomes an exciting time for homeowners, filled with anticipation as they witness the transformation of their dreams into reality.
Weekly meetings with the custom home builders provide opportunities to discover exciting details, from the installation of new closet doors to the application of fresh paint on the walls.
Moreover, custom new homes come with the advantage of everything being completed before move-in day. This means that homeowners won’t need to worry about the long, sometimes never-ending process of renovating an older home.
Myrtle Beach custom homes are designed to be move-in ready and tailored precisely to the homeowner’s preferences. These are not “cookie-cutter homes”; instead, they offer a unique living space that reflects the homeowner’s individuality and style.
3. Quality:
The notion that “they don’t build homes like they used to” holds true, but not in the way one might think. Today’s homes are built to much higher standards, meeting rigorous inspections, incorporating energy-efficient features, and prioritizing modern safety standards. While older homes can be updated to appear more contemporary, they often can’t match the same level of quality and energy efficiency as new custom homes.
The key distinction is that modern homes are not merely replicating older designs; they enhance them. New custom homes can capture the charm of classic architecture while integrating the latest advancements in construction technology. This results in homes that are not only aesthetically appealing but also energy-efficient, easier to maintain, and cost-effective in the long run.
A house is more than just a structure; it’s a place of shelter, warmth, and family. Whether you choose to embark on the journey of building a custom home in Myrtle Beach or decide to renovate an older one, the most crucial factor is creating a living space that genuinely feels like home for you and your family. The decision ultimately hinges on your lifestyle, preferences, and the vision you have for your ideal living environment.
Call Dawol Homes now if you’re looking for a home builder in Myrtle Beach.
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Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
Dawol Homes Sales Office
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
843-294-2859
We build homes in: Cypress River Plantation, Waterway Palms, Waterbridge, Murrells Inlet, Collins Creek, Bellwood Landing, Carolina Forest, Plantation Lakes, North Myrtle Beach, Socastee, Surfside Beach, Pawleys Island, Litchfield Plantation