People always wanted to have a perfect home. We picture it as something like in the movie, to places we have seen, house goals on Pinterest. Imagining a perfect home, we assume and lose hope in an instant because it will definitely cost us too much and tend to overthink that we can’t afford it or it will take us long before we can have it. But the good news is we can achieve our dream home through creativity and discipline. Yes, you’ve read it right!
You’ve reached this page so you are probably on your quest to building that perfect home! Let’s fan the flicker of your imagination and creativity. Read these dollar-saving tricks we have gathered from some of the people who have gone through the same process.
Take some home visit – Plan to spend several weekends driving around and touring homes. Get some pictures and ideas so you can determine what and what’s not. It pays to do your homework before embarking on a journey to achieve your dream home. Being impulsive to some extent will lead to faulty decisions which will lead to waste of resources such as money, time, and not to mention, effort.
Utilizing home design books and websites – Reading books and getting more resources will eventually open your mind to more ideas, instead of a custom-drawn plan you can always have that great stock plan and customize it. It will save you more budget instead of hiring someone.
What matters most – It is equally imperative for you to do a simple SWOT Analysis. Okay, let’s not make things complicated. SWOT is an abbreviation which stands for Strengths, Weaknesses, Opportunities, and Threats. You don’t necessarily have to do it using the quantitative approach, a simple description of the strength of your chosen design and its possible weakness, the opportunities you can get such as cheap personal loans, instant cash loans or house loans in case you run out of budget and identifying the threats of your plan such as weather patterns in your area, geological attributes can aid in your decision-making process. You may also use a simple cost-benefit ratio. Well, this is a more dignified term for the simple question, is it worth the price?
Take a Good, Hard Look at Your Budget – Take stock of your finances: net worth, income, expenses, investments, and even debt before you even meet with an architect or builders. Determine exactly how much you can afford to spend based on the down payment you have saved, and the monthly payment (based on current interest rates). It may also benefit you to take a look at your debt to income ratio and see how much your bank will approve you for.
Find the Architect That Speaks to You – Think of your architect like your doctor. You want one that is thoughtful, takes the time to listen to everything you have to say and shows that they are competent and thoughtful. Make appointments with several architects, explain to them the feel of what you’re looking for or even specific ideas you want to incorporate and ask them their feelings about designing that type of home. If you really want to get a feel for them – and you’re truly trying to save money on your custom home, ask them if you can discuss fees. Often, the right architect for you will not have the lowest fees, but the added cost will be 100% worth it in the end.
Keep an Eye on Hardware Store Sales and Use Coupon Codes – From the time you decide 100% build your next house and have solidified the “style” you’re going to go with, you can start shopping the sales at your local hardware store for things like lighting, fans, even clearance on things like tile, showerheads, and more!
Find something you love at a discount online? Before hitting “Place Your Order” open a new browser tab and search for coupon codes for that website. Often you can find one that gives you an additional discount on top of the already low price, but even if you can’t, 99% of the time you’ll be able to score free shipping.
Don’t Be Afraid of a Little DIY – Often, if you can’t find the exact cabinets and doors you want completely finished, you can find them unstained. Cans of stain are insanely cheap, and apply stain to wood isn’t that difficult. If you’ve never stained before, consult YouTube or a friend who knows how before venturing out on your own, or if you don’t feel like getting that adventurous, find a family member or friend who knows what they’re doing and pays them a few hundred dollars to do the job right.
Take Advantage of Family – Identify family members who can help you get the job done. Your father for example or any member of the family who has the knowledge and the skills to build your dream home might be of great help especially in minimizing the cost of labor. If there is no one from your immediate family members who have the appropriate knowledge and skills in constructing a house, check any of your relatives. After all, you would love to work with people who know you on a personal level so that can also tailor-fit their works in accordance with your preference and what works well for you.