1. Determine your budget. How large of a home can you afford? Include every cost, from the construction to the paint to the lighting and electrical work, plumbing, etc. Once you have an idea of the amount you can spend, visit your local bank to get started on financing.
2. Make sure the builder you hired for the job is credible. You want to make sure the person you are paying and trusting to build your home is a professional with an outstanding reputation. It is your right to know the job is not only being done, but that it is also being done well.
3. Build with the potential of future resale in mind. You never know if the home you’re building will be the one you stay permanently. Keep this in mind when deciding what features to add to your home that could potentially increase the resale price, which could hurt in the future if the home is in a lower income area.
4. When it comes to design and appliances, be energy efficient. This includes proper placement of windows (smaller windows in bathrooms, laundry rooms, and garages to minimize heat), and choosing the perfect HVAC system and appliances that will help save money in bills.
5. Conduct an inspection once building is complete. This should be completed with your contractor and real estate agent (who can view it from a third party perspective). If you would rather hire a home inspector, that is also an option to ensure your home meets safety standards and any possible issues are resolved.