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Building a new home is an exciting event, but the process can be overwhelming — particularly if you are having your first home built. While working with a qualified and reputable local builder will ensure that you get the best results possible, it's also important to remain informed and aware.
These are some of the most common mistakes that people make when building their first homes:
Budget is often a top concern of people who are purchasing a lot and building a new construction home. While it is understandable that many buyers want to stick to their budget, it's important to avoid sacrificing the quality of the lot in order to secure a better price. An inferior lot — whether smaller or located in an area prone to inclement weather and weather damage — can have a significant impact on your enjoyment of your new home. It is better to choose a high-quality lot in a premier spot, because you cannot change or readjust your lot after your home is built.
The planning and design stage is the ideal time to make changes to your construction plans and to tweak the design of your new home. Far too often, many people who are building a new home quickly approve the plans in this phase without giving much thought to changes that should be made. When issues arise later in the process, it becomes a lot more costly and time-consuming to adapt the plans.
It's easy to get caught up in the fun of creating your dream home, but you will still want to use your space wisely. There are a lot of people who want to incorporate extra rooms into their design, such as a designated play room, a game room or a recreational room. These rooms often sound great on paper, but are rarely used for their intended purpose in real life. You may want to prioritize an open concept floor plan or a living space that adequately suits your lifestyle.
Your builder has the experience and qualifications needed to provide you with sound advice, but some buyers ignore the input of the builder in favor of their own personal preferences. Rather than brush off the concerns of your builder or resist their suggestions, you should consider their thoughts and recommendations for your floor plan.
By working with a builder who is open, honest and trustworthy, you will easily avoid making these common mistakes. You should select a new construction home builder that has earned a reputation for excellence in the community and who has significant experience building homes in your desired area.
Dating back to the 1970s when his father put him in charge of the family real estate business, Jeffrey Germagian has built a longstanding portfolio of real estate transactions and developments. Along the way, he has grown the family’s original company, then known as Baystate Realty, to the elite status it represents today as ERA Key Realty Services.
Although we’ve expanded our real estate offerings and our branding has evolved to represent all of the real estate services that we provide, ERA Key Realty, The Baystate Group still holds true to the honest business practices and principles that Jeffrey’s father set out with decades ago.
Jeffrey manages the Baystate Group which specializes in traditional home resales, land development, and 55 communities.
He lives in Hopedale, MA, and serves the local towns in the area including most suburbs of Boston as well as southwest of Boston. He is a Certified Residential Specialist and is fully licensed as a real estate agent to practice throughout the entire state of Massachusetts.