If you are already involved in the home buying process, you know that one of the most important questions that need to be answered right out of the gate is how much home do I really need? This is always important to know, but even more so when you are talking about building a home from the ground up. You have a lot to consider, and we are going to take a quick look at all of it today.
Starter or Forever Home
This is important to know because it could determine many of the features of the home. If you plan on selling the home down the road, the build becomes more about resale than it does setting it up as your dream home. You have to realistically look at the homes in the area, what they are selling for, their main features, etc., and consider them all when you design your home.
Having a few unique features can make the home more attractive for resale, however, go too far, you will never be able to move the home. For instance, building an eight-bedroom home in a small suburb where homes generally have four or five bedrooms is probably not the best decision. If the home’s value is significantly higher than other homes in the area, it will be tough to find a buyer in a competitive market like the one we have now.
Plan for Your Family
If you are building a home now but plan on having a family soon, you will need to understand just how much space you will need when that time arrives. That 1,200 sq. ft. space seems like plenty of room now, but when you add two kids, you will literally be living on top of each other. A good general rule of thumb is that you will need at least 600 sq. ft. per person living in the home.
Something else to consider is how much space each room will occupy. Now, this is something that will be flexible based on your budget. For instance, a tighter budget will look to make bedrooms right along the average, which would be about 300 sq. ft. for a master bedroom and a guest bedroom at 120 sq. ft. If this is your forever home and you have the budget, you may decide to go all out and have a master bedroom that is 600 sq. ft. that includes its own parlor room.
This is just the beginning of this process, as other factors will come into play, such as the type of kitchen you want, appliances, other furniture, etc. This is a very involved process and for those unfamiliar with it, taking on this project on your own is a lot to ask. Better Build Now offers a wide range of services, where we can serve as your consultant or take over the entire project as your residential project manager. Every situation is different, and we understand that which is why we recommend you give us a call at 888-402-4180 to discuss your custom home build with one of our professionals to see how we can be of assistance.