Whether it’s your first or fifth time purchasing land and building a home, there are plenty of mistakes can be made.
Our team at Santa Cruz Properties in the Rio Grande Valley helps would-be landowners fulfill their goals by offering gorgeous owner-financed lots throughout Hidalgo and Starr counties. Because we’ve been in the business for over 20 years, we know that many of our clients purchase lots in hopes of building their dream homes. But without the proper guidance, mistakes can easily pile up.
While we are strictly in the business of selling owner-financed lots, we want to make sure that our clients find value in their property after they purchase. That’s why if you are planning on building a new home, we want to pass on some vital information on six mistakes you should avoid when constructing a new house.
1. Poor Overall Planning
The biggest mistake any rookie homeowner can make, poor overall planning affects so much of the potential of your home. Poor overall planning looks a little something like this:
- Having the kitchen a little too far from the entrance of your home. This may not seem like a big deal, but when you are lugging big bags of groceries throughout the house just to get to the kitchen – year after year – then you’ll understand its importance.
- Having the bedroom too close to the commotion. A master bedroom shouldn’t be near any area where most of the activity occurs, unless you enjoy waking up frequently as people walk in and out of the house.
- Poor placement of the garage. If your garage opens into a carpeted living room, you’re asking for a headache. A garage next to a nice, tiled kitchen would be easier to clean.
- Poor space planning. You only have so much space to work with. Avoid wasting space for amenities you will not need. For instance, living in a warm area like the Rio Grande Valley means you don’t have much of a need for a coat closet in your foyer. How about the huge closet you have planned for your master bedroom? Will you really require all that space or would it be put to better use for your master bath?
Building your home is an investment that will last a lifetime. Do yourself a favor and make a living space that is more suitable to your needs.
2. Pay Attention to HVAC Placement
A negligent hand in building your Heating, Ventilation, Air Conditioner (HVAC) space could lead to a whole host of problems. For starters, mold can easily grow in a dark, moist place like on the wood surrounding your HVAC unit.
Also, size does matter when it comes to your HVAC. A unit that is too small will not effectively cool your house down during those hot summer months or heat up during those cold winter storms. On the other hand, a unit that is too large will consume an enormous amount of energy, inflating your electric bill every month.
Make sure you get a true professional to provide you the best advice for your HVAC system.
3. Poorly Lit Rooms
You should consider having plenty of light sources for your new home. While light fixtures and outlets should brighten the halls of your home, if you want to save some real money, you’ll want to make sure to have plenty of windows or sources for natural light.
4. Hire the Right People
There are plenty of people that claim that they can build a home, but if you are looking for quality, you’ve got to go with licensed and insured contractors. That’s not all, however. You’ll want references from their past work. References are as good as gold in the contractor business.
Skimping on this could possibly leave you with low quality work, or worse. A shady contractor may acquire building materials from a less reputable distributor where their product isn’t treated, effectively leaving you with lumber that is susceptible to termites – if they aren’t already infested.
5. Keep Your Mortgage Within Reason
Practice a little restraint when constructing your dream home. Sure, a luxury kitchen sounds fantastic, but will you be able to afford the increase to your mortgage right off the bat?
It would be smarter instead to add to your home later, building your realistic home right now. This is a safe tip to keep your mortgage reasonable.
6. Keep Resale Value in Mind
A huge home may sound great, but even if you don’t intend on selling anytime soon, you should still concern yourself with the resale value.
If you do decide to end up selling, you may have some difficulty trying to find a buyer, especially if you have an unusually large home. In the circumstance that you do find a buyer, you are at risk of selling it at a pretty significant loss because of its sheer size.
Build a home that suits your desires, but construct one that is still reasonable for others should you decide to resell it.
Santa Cruz Properties Is Your Number One Owner-Financed Lot Dealer in the Rio Grande Valley.
At Santa Cruz Properties, we have plenty of amazing lots with plenty of open space to build your dream home. Tap into our 25 years of experience, helping others fulfill their dreams. Contact us at (956) 383-0868 today for more information on the lots we have available.