Looking for the perfect lot to build your custom home isn’t always easy. And, since 1978, the median size for residential lots has dropped by 13%, primarily due to increased competition for land. Moreover, many available lots might not be as ideal as they appear. Issues such as flooding risks, property conditions, and zoning laws can lead to significant problems. These include property maintenance issues, compromised safety, and unexpected expenses. So, here are six crucial factors to consider before building a custom home on an existing lot.

Building A Custom Home On An Existing Lot

1. The Lot’s General Condition

Don’t assume a lot is in good condition just because it appears to be. Purchasing a lot impulsively without having the soil tested and the property evaluated can lead to severe health and home damage.

Potential lot buyers should request a formal property evaluation or seek recommendations from an experienced custom home builder to avoid these possible hazards. Moreover, understanding the soil quality and overall condition of the lot is critical for ensuring the stability and longevity of your future home.

Purchasing a production home is simple. The steps are easy and require little effort on your part. Look for a new community and custom home builder that you like. Choose a home model, sign a contract, and sit back and relax

Once done, you can move in. But building a custom home is different. You’ll be much more involved. It’s going to be a major project and that means you’ll have to spend more time, effort, and money.

Completing a true custom home needs advanced planning as well as active involvement on your part. It is comprised of a few major actions or steps that need your participation as well as decision – from choosing the location to designing and building the custom home. You only need one of these things when you’re purchasing a production home.

So, there’s no preselection, preplanning, or predesigning. Because of this, taking your dream custom home in Myrtle Beach from an idea to its completion will need more time.

Embarking on the journey of building your dream home is an exciting endeavor. Yet, it’s essential to navigate the process with clarity and understanding. Below, we address common questions and concerns that arise when considering a custom home build.

Why Should I Choose a Custom Home?

Opting for a custom home ensures you get precisely what you want while maximizing the value of your investment. Moreover, if you have specific design features, floor plans, and styles in mind, a custom build allows you to bring your vision to life. Additionally, remodeling an existing home may pose challenges and costs that hinder your desired outcome, making a new  home a preferable option. Furthermore, for those with unique properties, custom homes tailored by design/build firms ensure harmony between the home and its surroundings, optimizing both aesthetics and functionality.

Firstly, one of the most common issues faced during custom home construction is the misalignment between design aspirations and budget constraints. This discrepancy often arises when homeowners design their dream home without considering budgetary limitations. To avoid this, it’s crucial to involve a builder early in the architectural design phase. Moreover, by receiving updated cost estimates for each iteration of the design, homeowners can ensure that their plans remain within budgetary bounds.

Issues To Prepare For When Building A Custom Home

Permit Delays

Securing permits and approvals is a vital step in the construction process, but it can often lead to delays. Firstly, bureaucratic procedures and unforeseen complications can prolong the permit acquisition process, impacting the project timeline. To mitigate this issue, homeowners should choose a builder with experience navigating permit requirements. Additionally, maintaining regular communication with the builder can help anticipate potential delays and address them promptly.