CATEGORY: budgeting

    framing house

    How Fast Can You Build a Home?

    When thinking about building a custom home, you might also be thinking that you have to choose between speed or quality. After all, many people associate speed with shoddy work. But that's not always the case.
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    time and money investment

    How To Invest The Time & Money to Build a New Home

    We all know that having a custom home built requires a significant investment of money. What many people overlook is the investment of time. In today's age of manufactured products, we tend to think that we can write a check or hand over the credit card then sit back and wait for our new car, computer, or whatever else to get delivered.
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    Choosing flooring

    Building a new house - Why a builder uses certain manufacturers

      In any home, there are lots of manufactured products: appliances, pipes, drywall, paint, lights, faucets, toilets, windows, shingles, doors, and much more. All of those products come together to create your new home. The builder (or you as the customer) must specify a manufacturer for each of those items. Many people assume that a builder...
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    garden shed

    Building a shop on your land - What to watch out for

        Sometimes a shop building is a nice thing to have, whether you plan to use it for storing lawn equipment, vehicle maintenance, as a garden shed, or for any other hobby or practical purpose. Whether you're building just a shop, or building a shop while building a home on your land, it's important to do it right! Here are a few tips for...
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    skeptical woman with contract

    Builder contracts: Don't get stuck with a builder you don’t like

    Today I'm going to tell you a story about Mike and Jan. Their names have been changed, but the story details are true. They signed a contract with a builder and made a $7,500 deposit based on the builder's promise that he could build the house they dreamed of within their budget. But when it came time to create the house plan, the builder...
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    House plan options

    Cost per square foot for new homes: Can I shrink a house plan to make it less expensive?

    Early in the process of building a custom home, many people will look around online at a range of house plans to start getting some ideas of what they want. That's a good thing, really, because it helps define your priorities so you can discuss them with your builder during the actual design process.
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    luxury bathroom

    All About Builder-Grade Materials & Brands

    I hear the term "builder-grade materials" a lot, but it's not an industry term. There's no official definition for it. When I hear someone say it, they usually mean it in a negative way. They're saying that builder-grade materials are the cheapest and poorest quality possible and are usually lower quality than materials available to the general...
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    Bigger house in the middle

    Why do bigger houses have a lower cost per square foot?

    When it comes to building a house, buying a house, or selling a house, people are going to look at the cost per square foot. In theory, it's an easy way to compare one house to another. It's like looking for the cost per ounce when deciding what size of mustard or mayonnaise to buy at the grocery store, right?
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    Calculating interest on house.jpg

    How Much Will My Construction Loan Payment Be Each Month?

    A great question most of my clients ask is, "How much will my monthly construction loan payment be?" They're trying to determine if they can afford to make that payment along with their regular house payment, whether that's a mortgage or rent payment.
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    Waiting on process.jpg

    Construction loans - why does it take so long to get approved?

    The construction loan process is often one of the most challenging aspects of building a home on your land. It can be a frustrating process, but understanding why it takes so long can help ease some of the frustration. Here are two main reasons it takes so long to get approved for a construction loan.
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