The decision to build or buy can be a hard one! Elizabethtown and the surrounding areas are currently in a seller’s market. A seller’s market is when housing inventory is low, and the demand to purchase a home is high.
With demand being so high, it can be very frustrating for consumers to purchase an existing home. When inventory is low, consumers find themselves in bidding wars. This drives up home prices, and consumers end up with a home that doesn’t have everything they want because they get frustrated with the process.
A seller’s market is the perfect time to consider new construction. With new construction, you know exactly what you will pay for the lot, the home, and you can customize the floor plan to your wants and needs.
The first step in building your dream home is not finding a lot or picking out the perfect floor plan. It is finding a builder who has a good reputation, has good communication skills, and is a member of your local Home Builders Association Registered Builder Program.
The second step is finding your lot. Before you purchase a lot, you want an experienced builder to look at the land with you. The land tells a story that lots of times, only an experienced builder can see.
A builder can advise you on where your home should sit on the land, if there is sufficient frontage to build your dream home, and other vital information to consider before purchasing a lot.
Finding your perfect floor plan can be a challenge, but it doesn’t have to be if you are working with an experienced custom builder. The best course of action is to have your builder work with you on creating your dream floor plan.
They can help you customize a plan that will not only fit your needs but fit within your budget.
Once you choose your builder, it can take up to 4-6 months to find a lot and finalize your floor plans.
Every builder operates differently. A good builder will give you a timeline and provide expectations of the building process before you break ground.
It is important to remember that unexpected challenges could come up with the land or the floor plan during the building process. That is why who you choose is important. An experienced builder will help you navigate through the surprises and provide problem-solving solutions.
