Home > Home Building - Where to Start

Home Building - Where to Start

Building a home is an exciting time, but it can also be stressful, expensive and daunting. BCQS Director, Neil Purton, breaks down the process into manageable stages.

Budget

First and foremost it is useful to plan out your project budget at an early stage. Establishing how much you can spend on the land, professional fees, house construction, exterior works (such as a pool, landscaping etc.) and furniture is an important starting point. Working with a construction professional to determine the basic parameters to fulfill your home requirements such as the number of bedrooms and bathrooms, as well as any specific home needs such as a family room or media room, home office, garage etc. will enable a professional to quickly establish the approximate scale and size of the desired residence. Once a ballpark construction budget is established, the construction professional can develop an overall project budget.

Land

The first step to building a home is finding a parcel of land that fits your needs and your budget. As a general rule of thumb, approximately 15-25 percent of your overall project budget should be spent on the land element. If you spend any less, you run the risk of overdeveloping the land, if you spend any more, the scale of the house may not suit the environment or the neighbourhood.

When looking for land, it is key to research the areas where you would like to live as well as what you can reasonably afford in those areas; market research and advice from local real estate agents can be very useful. Construction professionals will also be able to advise on practical aspects such as ground conditions, potential for flooding or erosion and availability of utilities.

Building a team

Having found and purchased your land, assembling a team of experienced professionals to work on your project is key. To provide you with the best advice and guidance through the design and construction process, BCQS recommend the early appointment of a construction management company. Some owners have specific ideas on the type and style of house they would like, others need more guidance, and an experienced construction manager can ensure the project is set up with the best design team to meet the owner’s needs.

Gather ideas

When building a house it is very useful to the design and construction team that you compile design ideas and inspirations for your house. Whether done by cutting pages out of magazines, printing pictures off the Internet or using social media tools such as Pinterest and Houzz, this provides the design team with a solid understanding of what you would like the finished product to look like. Starting this process as early as possible allows for a lot of information to be collected and enables ideas to develop in your own mind as to how you see the house look and also functioning from day to day.

The whole process of finding land, designing the home, obtaining government approvals, construction, completion and furnishing is a long journey that requires research and careful planning to achieve the desired results. Your house is likely to be your largest single investment so it makes sense to have an experienced professional such as a construction manager to guide you from the outset to make it an enjoyable experience and achieve the home of your dreams.

 

For further information visit: www.bcqs.com


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