After touring multiple houses, looking at different layout designs, and seeing others build their dream homes, you have decided it’s time to build yours! Since you are a handy person and a self-starter, you are considering building your dream home on your own. Before considering DIY construction, here are a few things to think about.
Financial Savings
Do you like to save money? Building your dream home can be pretty costly, DIY construction could be a way to help reduce costs and keep you within budget as a result of labor savings. You can use the funds for extra room in your closet, a bigger garage, or a lower project budget overall!
Remember though, plans don’t always go as expected. You may want to have a backup plan for outsourcing some projects to other experts in the field just in case you are not able to complete them.
Timing
Are you willing to put in the time? Building a home can take a long time. When you are doing it all by yourself and have a full-time job, the project may take longer than expected. Don’t underestimate the demand; be prepared to spend a lot of your extra time working to build your future dream home!
Project Management
Are you someone who can manage a project? With a contracted builder you are signing off on each piece of the project and they are both doing the work and coordinating the workers each step to get it done. With a DIY build, you are not only coordinating the steps, but are also able to oversee how each project is being completed. This gives you the opportunity to coordinate the project to your schedule and have complete progression transparency.
Organization
Are you someone that can be organized? Regardless of whether you are doing a DIY build or hiring a builder, with any construction project there is going to be a lot of paperwork between blueprints, draws, and receipts. To make it as easy as possible, you will want to adopt a neat organization system to keep track of each of these.
Pride
Are you someone that takes pride in your own work? After completing each project yourself, you’ll be able to experience that feeling of accomplishment and pride as you reach your final goal. When you are putting your own hard work and labor into your dream home, that sense of pride will be present every time you walk through the doors.
When it comes to building a house on your own, there can be a lot to take in. If you are a self-starter and someone who can stay on a timeline, then DIY construction may be something you consider!
GreenStone’s team of experienced experts are ready to finance your home construction. Find our home construction and home site vacant land loan options here.
