You probably have a general date you want your project finished by. Talk to your family and a financial advisor on what you can realistically pay at this time.Įveryone wants their home finished as soon as possible. Only you, your family, and your financial advisor can determine what’s best for you.Fixed rate or variable? 12 or 30 years? FHA or traditional? Speak with multiple lenders to get the best interest rates.Correct any errors, as your credit score will affect the loan you can receive. Getting a loan: Most likely, you will need to take out a loan. Interior decorating and furnishing + a contingency budget.Things to factor into your budget include: Without knowing how much you can spend, it is nearly impossible to decide how large of a home you can build and where, or what design features can be included. Prices for new homes can range from $80 – $200+ per square foot. Are there any special features you want to be included? (fireplaces, heated floors, etc.).Determine your design and style preferences.What structural features do you want in each room?.What aspects of your lifestyle do you want to be built into your home?.How many stories do you want your home to be?.Are there any restrictions on the possible size of your home?.The questions and suggestions in this section should help you make your architectural program. To know what to do, you must consider how you wish to use the space. All of the features – from the doorknobs and countertops to the type of heating and arrangement of rooms – are up to you. You can create a space specific to the way you and your family live. Rather than adapting to the layout of an existing home – this is an exciting opportunity to design a home to match your needs.

New construction home building process