New Home Construction Virginia Beach
New Construction in Virginia Beach is on the rise. Stick with me for all the details to become an expert in building your own home. Without a doubt, if you are thinking seriously about building new home construction here in the Virginia Beach area, you will find it very rewarding. However don’t be surprised, as it will can also quickly become a daunting task. But not to worry, I will be here to walk you through the procedure step by step.
Since it will be directly from you own plans, it will be more likely to help you achieve your dream home than to just go out and find a home to buy outright. But remember this, it can result in many headaches as you proceed along the way. Not only is cost overruns possible, along with expensive construction mistakes, you could even end up in litigation. However that is ok, because even during the purchase of a pre-owned home could lead to litigation as both methods can come across many problems.
Now keep in mind, as we do cost estimates, these are only starting points and only an estimate which we will adjust thru out the process as we go along. Its best to know from the start, just how much you can afford to spend on the construction of you new dream home.
Ok..lets do our estimate.
One of the most common methods used to estimate the cost of the home, is the cost per square foot method. Even though it is not too accurate, it can at least give you a good idea to start. One of the first and most important items to consider first is the type of home that you will construct. You will need to decide on whether it will be a ranch style, cottage, two story, one story and on and on.
You will early on need to determine the overall size of the home you intend to build as this of course will be a major factor in estimating the cost of the finished project. Additionally many other variables will be important such as the shape and size of the lot, number of rooms, as well as any amenities that you plan to add to it including any special flooring, lighting fixtures and appliances.
Many folks are surprised with the cost of the amenities and other items that they intend to add.
Many online calculators can help you determine an beginning estimate so that you can move on to the next step.
Now lets discuss location:
They always say that the three most important points about a new home is
1. Location
2. Location
3. Location
In other words we cannot overemphasize the importance of the location of your home. If located in a poor or drug infested neighborhood, no matter how nice the home its value will be significantly reduced. No one wants to live in a dangerous neighborhood.
Should you become a contractor, or Go it alone?
A very important factor is to early on decide whether you want to act as a contractor, or hire a contractor to follow your directions. It’s not impossible to act as you own contractor, but it does add a lot of responsibility, work and study to the project. Its very easy for you to get the cart before the horse and cause a lot of unnecessary work which can be very expensive for you.
If this is your first experience with new home construction, I strongly recommend you hire a contractor to oversee the construction of you home.
If you go it alone, you will be dealing directly with subcontractors, which is a group of framers, masons, electricians, bricklayers, roofers and window and door installers and more.
Without a doubt, the most important decision you will make in the home construction process will be that of selecting a contractor. You will need to enter into a contract covering all the details of the new home. Whether you hire a contractor or go it alone, one of the most expensive items will be that of labor. Be sure to interview a number of contractors before you make your final choice and do not hesitate to walk away from anyone who doesn’t feel right to you and especially watch out for anyone who seems too good to be true as they usually are.
Keep in mind that you will have to pay building permits fees and inspection fees, plan changes and any cost overruns that may occurr. For more information on homes that may be of interest to you, please visit other pages of my site at Chesapeake Foreclosures