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What to Expect When Building a St. Louis Home

Apr 6, 2023 | Industry News

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Building a home is a dream-come-true for many individuals and families in St. Louis, but the process can be stressful and overwhelming at times. However, when you approach the task prepared and equipped with the right tools, you'll be able to ensure your home meets your expectations. In this article, we'll talk about what you can expect when building a St. Louis home, from budgeting and financing to working with contractors and completing the project.


Planning and Budgeting

Before you start any building project, take ample time to plan and budget. Although it can be tempting to rush into the project, taking the time to plan will pay off in the long run. Think about the specific features you want in your home and what design style best matches your family's preferences. Also, decide on how much you can afford to spend on the project, and take into account any ancillary costs that can come up later, such as legal fees, landscaping, or furniture. Consulting with a financial expert can help you make an informed decision on financing your home-building project.


Choose a Trusted Builder

Selecting the right builder is crucial to your home construction process. Look for a builder who has experience working with your desired style and materials. A builder with an excellent reputation should also have a portfolio of completed projects and references that you can check. It's a good idea to look online to see reviews from previous clients. One important factor to consider in a potential builder is how reliable they are when it comes to deadlines, and if they can provide you with progress updates regularly.


Anticipate Costs

Before building your St. Louis home, you must anticipate all costs associated with your project and make sure that they fit within the budget that you have established. Work with your builder to develop a detailed budget that includes all costs, such as land, design fees, permits, construction, finishes, and more. It’s also essential to have extra costs set aside for unexpected expenses that may come up during the build. You'll want to check in regularly with your builder to make sure you are staying on budget.


Plan for Delays

One of the most important things to expect when building a new home is the possibility of delays. Construction delays are common; and they can be caused by a wide range of factors, such as weather, material shortages, or unexpected issues that arise during the building process. It’s a good idea to have a contingency plan in case of delays, especially if you’re renting while your new house is being built. Keeping your builder informed and having realistic expectations can help you manage any potential delays.

Building a new home in St. Louis is a significant investment and can be quite an undertaking; but with the right mindset and preparations, it can also be a fulfilling and rewarding exercise. Take time to plan, budget, and find a reputable contractor. Throughout the project, keep communication channels open with your builder, anticipate small problems that may come up, and prepare to be patient. Remember, there's almost always a solution to any problem that may occur!

If you’d like to get preapproved for a mortgage loan, you can do that here.

If you’d like to talk more about building a St. Louis home, please reach out to us here.

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