You have started to plan out your dream home. It may be your first home or just the first time you build and not buy – no matter how experienced you are, in real estate development there’s always something you tend to forget.
So today we are going to provide you with a simple checklist of five things to consider when building your custom home in Toronto.
First and foremost, you have to figure out your budget. You’ll need to know how much you can spend from the start of the project until it’s done, and include all the expenses such as materials, labour, interior, architecture, exterior finishes, taxes…
Prepare a realistic budget before you start planning anything else.
2. Likes and don’ts.
The whole reason you’re building a custom home is to be sure it’s 100% suiting your lifestyle needs. Take time to research different architectural design options or hire a professional to help you visualize your kitchen, home office, movie theatre, or anything else you’ve always dreamed of.
Consider your family size and the essential amenities, and go from there.
The location where you’re building your custom home in Toronto is crucial. Consider the accessibility, the nearby amenities, the transportation options and the security. Keep in mind that property taxes also will vary depending on the location.
The last but most important is finding the right builder. Custom home building is a complex affair, and too much is at stake – this is a home you will live in, and you need to get it right. When you hire the right builder, you’re saving yourself from all the unnecessary trouble and hidden expenses and becoming closer to having your dream home just the way you want it.
One of the most important things you have to look for in a builder is trust. Your builder should be able to give you a realistic timeline and explain everything that may not be so clear to you as a consumer. They should have enough experience to work with different materials and technologies, so make sure to check out their portfolio beforehand.
At Goldentrust, we’ve been working to gain experience in custom home building for more than ten years. We take pride in all the projects we’ve created from start to finish.
Check out our projects and contact us today to get started!