Wouldn’t it be nice to have a home that’s exactly your preference? Well, it’s actually not that far fetched.
When people finally decide to put up their own home, some go for the custom route. This way, they are closer to building the home of their dreams. However, some misconceptions around custom homes tend to discourage some would-be homeowners. And these custom home myths definitely need to be debunked.
Myth 1: Custom Homes Are Just for the Rich
This is more of a stereotype than reality, as with many things. While the cost of building a custom home may be much more than a pre-built one, this doesn’t mean that only the wealthy can afford custom homes. In fact, if you look at it as an investment, custom homes are actually more affordable.
Unlike a pre-built home, you can use your house as collateral in getting loans or financial assistance. And if you wish to increase your loan amount at a later time, you can easily do so as you have equity in your property. In fact, many builders are now offering customized financing plans to allow clients to pay for the cost of building custom homes in installments.
Myth 2: Custom Homes Take Too Much Time
As with most things in life, it all boils down to planning. It is vital to develop a game plan and a budget. This will help you determine how much you want to spend on your custom home.
Take note of the property’s location and how accessible it will be to building materials and supplies. Also, determine the kind of contractors that you will hire, as well as their schedule. Having all of these things in mind will help you determine how much time you need to build your custom home.
Myth 3: You Need a Background in Design to Build a Custom Home
You don’t need to be an architect to build a custom home. If you have an idea of how you want your home to look like, you can hire a professional to help you with the design. The key is to communicate your vision to your architect effectively. You can also get ideas online and from magazines. Just make sure that you hire the best landscaper or architect who can carry out your vision.
Myth 4: It’s Better to Build a Custom Home from Scratch
Building from scratch is actually not the only option when you’re building a custom home. You can also choose to have a remodeling project. This means using an existing structure to create your custom home.
There are actually many benefits of choosing this route. For one, you won’t need to pay for the land. As a homeowner, you won’t be spending as much on construction works. And should you decide to sell the property, you will be able to get a higher asking price.
It’s easy to get intimidated by the idea of building a custom home. But there’s nothing to be afraid of. After all, you can start small and build on your home as you go. It’s actually quite a satisfying experience when your own home is the one that you envisioned yourself.
Build the home of your dreams with the help of Duke Homes. We are custom home builders in Greenwood, Indiana aiming to create one-of-a-kind environments our clients will be proud to call home. Whether you’re building a new home or enhancing an existing one, we can handle your project. Contact us today to get started!