So you’ve decided to build your own house! First of all — Congrats! Building a custom house is an exciting endeavour! Maybe you’ve had an idea of what you’ve wanted your home to look like for ages, or maybe you just know you want it to be your own. You’ve found the land, you have the vision, and you’re ready to break ground.
Well … you’re sort of ready. It’s easy to have a vision of the perfect home mapped out in your head but not a practical plan to get there. Before the foundation can be laid, you need to take some time to consider what your budget is. There are so many different variables when it comes to building costs, including property, site work, materials, size, interior finishings, exterior finishings — the list goes on. If you’re building a new home on a budget, then these costs can seem daunting, and the “perfect home” vision starts to fade.
But here’s some good news. You don’t have to be a millionaire to build a beautiful home. It is possible to build a beautiful house on a budget, and here at MPC Builders, we are all about making your vision come alive in the real world.
Here are three simple tips about building your custom home on a tight budget.
#1. Hire a Builder You Can Trust
There’s a lot of building companies out there who want your business, and while some of these companies do great work, there are some who don’t have your best interests at heart. Rather than creating a home building process tailored to your vision and budget, some chose to keep their clients in the dark when it comes to things like building their home. Why? Because they can potentially profit off your ignorance.
In order to ensure that you are getting the best bang for your buck, it’s important to hire a builder who values transparency, quality, and service above all else. Things like hidden costs, missed deadlines, and poor communication are indicative of a company who cares more about itself than its clients.
MPC Builders is not interested in keeping you in the dark. We have an open-book process which means you never experience the typical gaps in construction progress or the extra costs that turn into stressful delays. Your home will be completed in the timeframe as promised and within your requested budget: That is our guarantee!
But don’t take it just from me! Check out what some of our clients have said about their experience!
#2. Prioritize Your Costs and Go Back to the Basics
Not all of us have the kind of multi-million dollar budgets we see on HDTV. Sure — a pool, a wrap-around porch, or a movie theatre room would be wonderful, but if you’re looking to build a house on a budget, you need to be willing to let go of the frills at the beginning. These are all things you can add on later if budget permits. For now, building a safe, structural, and sound home is what matters most!
There are some things we can live without, and of course, you can always add onto your house later! Focus first on the essentials — choosing quality materials, deciding how much space you need, getting quality insulation, etc. After nailing down a secure plan to finance the basics, then you can begin to see how much money is available to spend on aesthetic preferences or add-ons!
You can even phase the installation of add-ons or finishings over time in order to save money! Living in a house that’s missing some details for a little while is much better than living in a house that you’ve hurt yourself trying to finance.
#3. Think Simply and Smartly When It Comes to Design
Who said that simple had to be boring? Simplicity is beautiful. The most inexpensive houses are composed of rectangles and squares — the more complex shapes you add, the more expensive it will cost. To fit a tight budget, aim for a simpler design that uses simple shapes. You can always spruce up the design with color, furnishings, and maybe a front porch later on!
The same goes for the roof: a simple roof is less inexpensive and less prone to leaks and damages than a roof with several rooflines. No one wants to deal with roof problems in the future — they aren’t only a pain to deal with but also very expensive to fix. Why not protect one of your greatest investments with a simple roof that’ll look nice and do the job?
Lastly — it’s important to think about plumbing. If you centralize the rooms that need major plumbing, like the kitchen, bathrooms, and laundry room, then you don’t need to spend as much money installing piping around the house. If it’s all close together, then the less piping you’ll need and the more money you’ll save!
Want to Learn More?
There you have it! Three easy tips on how to build your custom home even with a tight budget!
MPC Builder’s top priority is making sure that you feel comfortable and excited with the building plan we create together. We want you there with us every step of the way. We start by creating a detailed construction estimate, with your input, and share it with you in an open book manner. During this process, you’ll be educated on where you’re spending your money, and you’ll have the opportunity to reallocate your funds on features that you value the most, such as the kitchen, or the bathrooms, or custom trim work. These details are worked out in advance, prior to breaking ground. From this process, we’re able to establish a “guaranteed maximum price” to build your home. That way there are no hidden costs or fees that will throw you over budget!
We want to help you build a beautiful custom home and do it within your budget. It is possible! If you have any questions, please feel free to drop a comment below or reach out to us personally! We will get back to you as soon as we can!