WHAT TO EXPECT WHEN BUILDING A NEW CUSTOM HOME

Whether you are building a modern and lavish custom home or a simple starter house, building one could be overwhelming and has many unknowns. These hold true for those who don’t know where to start or when they experience a problem during the planning phase. Depending on the weather conditions, square footage, as well as the availability of supplies and workers, new home construction could take anywhere between three months to one year.

To have a better understanding of the steps involved in building a house, there are things you need to learn about a construction timeline, FAQs, as well as home automation suggestions. From finding the lot to moving in to your dream home, here are a few important points about the major phases you will encounter while building a house.

Important Considerations When Building A New Custom Home

Building a house is a great deal and every once in a while, important questions or notes could get lost along the way. To assist you, here is list of the things you have to consider when evaluating your new home construction time line.

First Steps: Assessing What Matters Most

• Know if you want to start with a lot or a design.
• Check your credit score before applying
• Establish a criteria for a real estate agent, architect, custom home builder Myrtle Beach, and contractors.
• Research and vet the teams you plan to hire
• Get multiple quotes
• Check the neighbourhood that you want to build in.
• Ask your custom home builder if the lot will need extra expenses like internet, septic, and electricity installation.

Documentation Recommendations

• Create a consistent and easy to document method of communication with your architect, builder, contractor to make sure that they keep ownership of changes, responsibilities, and roles.

Communication Styles and Important Consideration

• Constructing a new house could be a difficult experience. And when you are constructing a home with a special someone, be sure that both of you are on the same page when it comes to decision making.
• You need to know when you are available. Perhaps you have a flexible schedule or not, so you need to tell your custom home builder, agent, or contractor when you are available so you can discuss the build.
• In case unforeseen problems come up and need your immediate attention, appoint someone who can take the calls
• Do you like the style of communication of the builder, architect, and the contractors? You need to feel comfortable in sharing your opinion, after all this is your house. If you don’t feel comfortable then you should consider finding a new team.
• All those who are involved in the project must be accountable for all changes, promises, and actions.

Setting Expectations

• In a world that’s perfect, your home will be constructed in a timely manner and no problems will happen. But in reality, the building process will encounter some mishaps and complications, which could be incredibly frustrating. If you begin, always remember the factors that could affect the build. For instance, when is the foundation scheduled to be poured and is the ground frozen solid? Or are you starting to build in the middle of the rainy season?
• The project specifics will be greatly affected by zoning laws and local building permits. It will also be affected by how a contractor could make your dream home come true.
• After you have considered everything, you need to know if you have set a reasonable completion date.

Roles and Responsibilities

Problems will happen and when it does, you can deal with them better if you understand who needs to do what and why.

Homeowners: communicators, decision makers, visionaries

It is your responsibility to know what you could afford and to explain the specific aspects of your home that you really care about and the ones that are less important to you.

Real Estate Agents:  Closers and Land Wrangles

Real estate agents help in buying the parcel of the land and the closing of the home.

Construction Managers, Custom Home Builders, and Contractors: The Dream Team

Lenders: Money Movers

This role is quite straightforward. Lenders make sure that you have the money to buy a lot and construct a house.

Designers and architects: creators and artists

This is a role that’s multi-disciplinary role that doesn’t just design a home based on the requests of the clients but also makes sure that the structure and space follow the local building codes. The designer or architect will also coordinate and supervise the new home construction and subcontractors.

Engineers: the logistics guru

Engineers are involved throughout the entire process of the whole build, specifically when it comes to electricity, plumbing, and safety. The will assess the limitations and make sure that the system and structure are practical, cost effective, and up to code.

Specialty Contractors: Tradesmen

These are contractors who are skilled in specific types of trades like electricians, HVAC technicians, roofers, painters, and etc. They will be taking care of the specific job that you have hired them for.

Call Dawol Homes if you want to learn more about custom houses or if you are considering to have your dream home built by a professional, reliable, and trustworthy company.

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

FIRST TIME HOMEBUYERS SHOULD CHOOSE NEW CUSTOM HOME

For first-time home buyers, the idea of building their own home might seem impossible. For first-time homebuyers, a new home is the best choice. Professional custom home builders will help you find the right home for your needs and budget.

Why A Custom Home

Turn Key Construction

Your new home can be moved in as soon as it’s completed. Turn-key houses can reduce your costs. A fixer-upper house is typically less expensive than a new home, but labor and materials costs can quickly mount up, which could impact your budget. It is possible to rest assured that every component and unit in a new construction are in excellent condition. There are no repairs or updates required.

Great Community

Many new homes are built within friendly communities which offer many benefits to homeowners. Because the roads were designed in advance, you can expect smooth traffic and easy access to major roads. Many communities include green spaces for aesthetics and recreation. They also manage public spaces. There are no need to be concerned about ugly buildings or lot disputes, as lots have been allotted right from the beginning.

Affordable Custom Home Builders

The majority of the planned work must be done by at least one professional Myrtle Beach builder to ensure quality and continuity. If you are interested in a specific community, you can choose from several preapproved designs. Standardized house plans allow home builders to reduce costs and offer a more competitive pricing structure. It is possible to get a larger house at a lower cost while still keeping within your budget.

Selecting a simple floor plan

Dawol Homes can help you build your dream home. You don’t have to worry about kitchen optimization or closet placement. You should choose a plan that meets your storage requirements, layout, number, and other needs. This will simplify the design process and reduce the time it takes to complete. If you have never built or purchased a home before, this process is simple and can help reduce stress.

Flexibility and design freedom

You have the option to choose the finishes and upgrades you would like for your new home. You can choose the best materials and finishes for your home by working with a reliable custom builder. There’s no need to spend time looking at tiles in stores or spending your weekends searching for fixtures. We offer recommendations that fit your home’s design so you can make informed choices about colors and finishes.

Peace of Mind

When you take a look at the top custom home builders, you can see their years of experience and proof of their skills. You can view models in different communities to ensure your home is a good fit. Many home builders have photo galleries of finished homes. These photos can help you choose the right home by showing you different materials. This can be an asset for those who are buying their first home.

Although it can seem daunting to build a home, it could be a great option for first-time buyers. Dawol Homes can help you build your dream home.

Dawol Homes
9404 Hwy 17 Bypass
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/

IS A NEW HOME CONSTRUCTION A GOOD INVESTMENT?

A new home construction can be an excellent investment-especially for commercial and residential property owners who are looking to avoid the ongoing repairs and maintenance that inherently come with older homes. Real estate investors are looking for properties that will return a decent amount of their investment (ROI).

The Cap Rate (or Capitalization Rate) is a simple way to see if an investment will make money. The Cap Rate (or rental income minus expenses) will show you how much money is coming in and going out.

High rental demand and new construction property can yield excellent returns. Continue reading to find out about the advantages and disadvantages of investing in a new home whether this strategy suits you.

WHAT IS NEW HOME CONSTRUCTION?

A new construction property is a home that you buy directly from a developer or builder.

There are many advantages and disadvantages to buying new construction homes in Myrtle Beach SC. Before making any investment decisions, it is important to do extensive research. It is a smart idea to look at the past properties of the developer and see how they have held or appreciated over time.

Advantages of Purchasing New Construction Homes

#1 – Location!

Anyone who is familiar with real estate will know that location is everything. New builds are no exception. Homes built in new areas are often found in upcoming or emerging markets. These developments are often built in or near “A”-neighborhoods. A nicer neighborhood has better schools, lower crime rates and is closer to amenities.

New construction developments are often found in desirable neighborhoods, or soon to be good neighborhoods. This makes it easier for landlords to find high-quality tenants.

#2 – People like living in new homes

Humans have an amazing ability to adapt to their environment. A creaky ceiling fan may drive you insane at first but you soon forget about it.

We are able to adapt to our environment and can easily get bored. We all like shiny, new things. Why is it that so many people lease their cars? For many, the thrill of driving down the street in a new car every two to three years is worth the expense. After the “new car feeling” fades, they can begin looking for their next car to lease.

New construction homes are cleaner and have more natural light. It is also comforting to know that you are the only person who can live in this space and make it your own. More than half of Americans prefer new homes to existing ones.

The great thing about investing in new construction properties is the fact that people will always be inspired by novelty.

#3 – Appreciation and Instant Equity

Investors looking to grow are best served by buying new construction homes. You can increase the appreciation rate of your property and build equity quicker by investing in emerging markets. It is not possible to predict how much your property will appreciate so ensure you do a market analysis. If you are confident that the market is expanding and there is high demand for rental properties, you can be sure that your property will appreciate.

My friend purchased a property for investment in new construction recently. The value of her property has increased by $60k in just three months! Imagine buying in a rapidly-growing market that is incredibly hot for rental housing.

#4 – Extended Warranty & New Appliances

New construction rental properties also come with new appliances and extended warranties for all major systems. An extended warranty should cover major structural components as well as electrical, plumbing, heating, and heating. Warranty lengths can vary. The factory warranty should cover anything that breaks or goes wrong.

Investors won’t need to worry about unexpected expenses when buying new homes, at least not for many years.

#5 – No or Low Maintenance & Repairs

Properties that require little to no maintenance are attractive options for the less experienced landlord. Investors in new construction real estate can avoid the many maintenance and repair problems that are often associated with older properties.

New construction investors wouldn’t be aware of any significant repairs such as a leaky roof, or plumbing problems.

#6 – The ability to customize in order to reduce costs

The new homes will appeal to the current trends. Investors won’t have to spend money or time on any renovations. Pre-construction homes, which are homes that have not yet been built, allow you to personalize the property. You can save money by choosing durable, basic amenities over more expensive or luxurious options.

If a major renovation is not planned, you will get what you see in an existing home. Older homes will naturally have unique features and aesthetics depending on the style at the time. Even updating a few outdated aesthetics can be costly.

Most homebuyers and renters want large rooms, open floor plans, and vaulted ceilings. With the COVID-19 pandemic, we are seeing a housing trend that outdoor space is becoming a “must have”.

#7 – Paying smaller deposits upfront

Homes under construction can often be reserved for very low prices. You can also reserve pre-construction homes before they are built.

Let’s take, for example, a developer asking for a $1,500 earnest money deposit to reserve a $225,000 townhome. The buyer doesn’t need to pay anything extra until the property closes. This will keep money in your pockets for longer, and if the market conditions change and you have to cancel the deal, it won’t be as costly financially.

#8 – Plan ahead or buy new construction now

You have more control over the buying process and timeline when you invest in pre-construction and new real estate. A custom home builder should be able provide an exact closing date when you purchase a newly constructed property. This is also true for investment properties that are in preconstruction.

Investors who are looking to purchase immediately or plan for future investments will find this very advantageous. This will allow you to avoid bidding wars for homes that are already on the market, particularly if there is a buyer in the area.

#9 – Get in touch with the Custom Home Builder’s Team for a faster buying process

Custom home builders and developers have a preferred team of experts who will help them during the selling process. Consider using the title and mortgage companies of your builder, as well as appraisers. Because of their long-standing relationships, you may be able to get a discount if you work with them. Your builder’s team can make it easier to buy your home.

#10 – Smart & Healthy Technology

New construction homes are far more efficient and technologically advanced than resale properties. New homes are built with more durable and longer-lasting materials than ever before.

Technology has made windows, insulation, heating, and air conditioning more efficient. These technological advances have created a healthier environment and made energy-efficient homes a standard industry practice. Your tenants will see a decrease in their monthly utility bills because of the energy efficiency of new buildings.

Call Dawol Homes now if you’re considering a new home construction and you’re looking for a professional custom home builder to help you out.

Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

DESIGN FEATURES FOR A FAMILY-FRIENDLY CUSTOM HOME

You don’t have to choose a chic home plan if your custom home is just for you and your significant other. But if you are building a home for yourself or a partner, it doesn’t really matter if it’s not kid-friendly. If you have children, you will want a house design that is both family-friendly and has logical features that can be used by the kids.

These are some features you should look out for in a family-friendly design to ensure your loved ones and you feel at home long term.

A Mudroom in your Custom Home

Children are not as careful about what they bring with them in their shoes. This can lead to chaos in your home. A mudroom acts as a catch-all between the entryway and the main area of your house. Some people decide to include a mudroom off the front door. This is where children can leave their shoes and coats behind, and it won’t be the first thing they see when they enter the house.

There are many storage spaces built-in

Family members tend to have higher storage requirements than individuals or couples. You will need somewhere to store all those treasured mementos, toys you don’t want to lose, and any other items that are part of your children’s lives. A family must have built-in storage in their custom home Myrtle Beach. This includes closets, shelves units and basements.

A All-Inclusive Cooking Area That Allows You to Eat, Cook, and Gather

Over 32 percent of families spend less than 20 minutes eating dinner. Lunch and breakfast can take even longer. It is more efficient to grab a quick meal in the kitchen rather than setting up a large dinner in a formal dining area. The kitchen should be fully-integrated in your family-friendly house. A dining area adjacent to the kitchen or a breakfast bar with seating on the island are great options.

Flexible rooms that serve multiple purposes

Keep in mind that the needs of your children and family will change over time. You may end up with more children or children who have grown up and will have different space needs. You should look for homes that offer flexible spaces and rooms that can be used in multiple ways. A playroom can easily be converted into a craft or study room.

Floor Plans with Entertainment Areas and Family Rooms

Open floor plans are great because they can reduce heating and cooling costs and add architectural flair. Your custom home builder can help you with this. Be aware that children are loud and families are noisy. Enclosed rooms can help block out the noise from kids gaming in the living area, watching TV in the entertainment area, and even when you are trying to entertain your friends with your favorite show.

Call Dawol Homes now if you need expert help in building your custom home.

Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

ARE YOU BUILDING A NEW HOME OR BUYING AN EXISTING HOUSE?

The current demand for new houses is “rocking” but the supply is “reeling.” Potential homeowners have had to weigh the benefits and drawbacks of buying an existing home over building one. Not only that, they had to consider if they want to hire a custom home builder or not.

Many post-World War II generations have considered owning a house an integral part of their “American Dream.” The “perfect storm” of circumstances has made the American Dream seem more like a nightmare to homebuyers. These include historically low mortgage rates, the largest ever population cohort – those born after 1980; starting families; a pandemic which fundamentally changed how families work and educate their children; and low yields on traditional investments that encouraged residential real estate investment. These conditions combined created a demand for houses that was rarely seen.

Do you have thoughts about building a home? Ask your custom home builder Myrtle Beach to explain the benefits of brick construction. 

Custom Home Builder: Construction Trends

Multiple sources including this one indicate that homebuilding trends have changed. This has had an impact on both the “cost-vs.-value” of new homes and older homes. “It was once that new homes were more expensive than older homes. But that is not always true.

“Location is a major factor, since real estate in urban areas tends to be more expensive than in the suburbs. Single-family homes located in inner-city neighborhoods in desirable areas are more likely to be built before those in the suburbs. They also tend to cost more than the entry-level homes being constructed in new subdivisions out of the city.

“As land costs have increased, so has the size of the new lots. However, houses are growing larger which leads to smaller lawns as well as closer neighbors. As single-family homes fall, condos and townhomes are rising.

“Houses are being built differently than they were a decade ago. Although building codes are more strict, construction practices have improved. Construction today is often more affordable because it’s cheaper to use 2×4 pine framing, engineered wood, or 2×6 redwood over 2×6 and to use plaster instead of plaster.

Brent Snyder, a home construction expert, has been in the industry for many years. He has never faced as many problems on either side of this “build new” dilemma.

He said, “It’s insane.” “I can understand why buyers are frustrated and confused. It’s a consolation to note that builders and agents in real estate are also struggling.

He stated that while I believe the benefits of a newly built home outweigh the disadvantages of a “used” home, he added, but “the delay in building materials, such as the lead time for new Windows, is 24 weeks. This has forced many homebuilders into a revision of their approach to finalizing a price for a home.

I have heard that builders are avoiding a formal contact at project start. Instead, they take a deposit from clients and offer a final price and contract after the Sheetrock phase is complete. Prices for the phases that are built after Sheetrock has been installed can be volatile.

“Real estate brokers are friends of mine and have shared another challenge in buying an existing house. “Bidding wars” have become a standard procedure for existing homes, regardless of their condition. This is why first-time buyers who don’t know much about the process rarely get the home they want. This strongly suggests that buying an existing home is more secure than building one.

Comparison of Buying vs. Building: The Pros and Con’s

It’s a good idea for a family to consider whether they want to buy an existing home or build a new one. It’s time to create a list. This website explains that buying and building have their benefits and disadvantages.

Beautiful brick home

Benefits of purchasing an existing house

Old-world Construction: Some older homes have stood for many decades, while others have been there for hundreds of years and survived many storms. They were constructed by skilled craftsmen who paid attention to every detail.

Larger yards: Builders built larger yards when land was more affordable, allowing for ample space to house garages and yards.

Established Neighborhoods: It is unlikely that zoning changes will occur in older neighborhoods. Older homes have more stable surroundings, mature trees, and landscaping. They are also more likely to be closer to the city center.

There are some drawbacks to an older house

More Maintenance: There’s always something you can do to fix an aging structure.

Plumbing failures: Older homes had galvanized pipes. These pipes are more rusty than modern copper pipes and will eventually fail to function properly.

Electrical Safety: Many older houses weren’t built in accordance with current safety standards.

Smaller spaces: Closets and cabinets are often smaller than garages or garages. There is also less space.

Modernizing appliances: Other than HVAC systems, trendy or functional updates can include expensive kitchen and bath remodeling.

More expensive: The premium for a central location and the “charm” that comes with vintage and classic homes are more costly.

Inadequate insulation will lead to (often) higher utility costs

Benefits of building your own home

Brick homes require less maintenance. The warranty on new construction is expected to last for at least 10-20 years. Therefore, homeowners should not expect to replace their roof or fix fixtures for the next 10-20 years.

Modern conveniences: New constructions now include built-in refrigerators, wine coolers, microwaves and fridges. Many newer homes have primary suite baths, media and workout rooms, as well as networked wiring.

Energy Efficiency: New appliances use less energy. Newer homes have insulated walls, ceilings, floors, and ceilings. Brick construction can help to increase this efficiency.

Built to Code: The municipal permitting system is well-established, and the building codes are constantly updated.

It’s more affordable: A new home will likely be less expensive per square foot than an older house in the same area.

Greater Average Square Footage

There are some drawbacks to building a new house

Construction Material and Appliance Delay – Whether it’s brick, wood, or synthetic materials, the demand is higher than the supply. Appliance manufacturing is still struggling to catch up with COVID delays. This shortage has an impact on building schedules.

Increased Lot Prices: Myrtle Beach home builders are facing fluctuating land prices and are forced to offer higher lot prices for buyers.

Cookie-Cutter Floorplans: This is a matter of preference. However, some people feel mass-built homes are too similar and lack individuality.

Immature Vegetation – Trees can take many years to grow so it is common for newer homes to use shrubs, cacti or other quick-fix landscapes.

Unpredictable House Settlement: Although all houses settle into their foundations over time, older houses may have done so already. Cracks in foundations, walls and door frames can be caused by settlement.

Longer commutes and greater distance from the City Center: If one works in the City Center, it is likely that there will be a longer commute.

The Best Choice

William Shakespeare said that “discretion can be more than valor” for Falstaff. This famous verse was written in 1596. However, today’s homebuyers are bravely chasing a chance to purchase a home. For those looking for a new home, discretion or waiting for the economic factors to improve might be the best option.

It is possible to stay put in your current home if it is feasible. You might consider starting a few home improvements while you wait for the housing market’s recovery to settle down. Here are some ideas for indoor and outdoor remodeling projects if you don’t want to wait to purchase a home. If history is any indication – and it is always an indication – the next year will see a greater number of existing and new homes, making the American Dream more affordable and less nerve-wracking.

Dawol Homes is a trusted company when it comes to custom home building. Talk to an expert now.

Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

 

WHAT TYPE OF HOME BUILDER DO YOU NEED FOR YOUR DREAM HOME?

If you want your dream home built, you need to look for a home builder. They can build a house where you can spend your whole life in. This might be the house where you raise your kids, have great memories, and live out your days. Among the many things that you have to consider when choosing a builder is the type of professional you need for your house.

There are two types of home builder that you can choose from. These are the custom home builder and the production home builder. These two builders construct homes but using different processes. So, when you need a home built, which among these two should you choose? To answer your questions quickly, it’s basically based on your requirements as well as the amount of cash you have to spend.

Custom Home Builder Vs. Production Builder

A custom home builder will construct your home on the land of your choosing and only a few of them own the land they will build on. Among the biggest benefits of hiring a custom home builder is that they build unique and custom houses that are constructed to a specific plan that you help bring to life.

Typically, a custom builder can construct single family homes instead of larger structures like apartments and condos. On average, custom home builders can build 25 or less homes in all and the houses they do construct are usually high end homes that cost a lot more.

Meanwhile, a production builder will construct on land on property that they own. The production builder won’t build unique and custom houses and will build according to the plans that you have restricted choices over. You could select the types of carpeting, counters, and extras such as that but overall you purchase what the home builder makes without consultation. They also construct different types of homes like townhouses, rental properties, condos, as well as single family houses. Compared to a custom home builder Myrtle Beach, the production home builder can make over 25 homes per year. They build homes for different price levels, from the entry level homes to luxury houses.

Call Dawol Homes if you are thinking of having your dream home built by a custom home builders.

Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

TIPS FOR CHOOSING MYRTLE BEACH HOME BUILDERS

It can be exciting, rewarding, and nerve-wracking to find Myrtle Beach home builders, especially if you don’t do your research.

Look out for custom home builders who may use baiters

To attract potential clients, a baiter is a home builder who offers a low price per square feet. This will entice potential clients to contact the custom home builder. As you begin to work with the builder you’ll realize that the initial price you were quoted did not include everything and that it was being charged with low-quality or substandard construction materials.

There are some things you should do when choosing a Myrtle Beach Home Builders

It is important to ensure that the quoted price by custom home builders Myrtle Beach is all inclusive. It should not include all necessary permits and site work. It should not come as a surprise later than it is already too late. If you don’t have the skills to build custom homes, it is important that everything goes smoothly.

When comparing the materials used by home builders, make sure you do not compare apples to apples. A spreadsheet on a computer is a great way to compare the specifications of different home builders Myrtle Beach SC.

To determine the quality of the built and the materials used, make sure you visit several custom homes still in construction. Ask vendors and subcontractors if they are happy to work with the custom home builder. Also, ask if payment issues or if the site is run poorly. It might surprise you at the answers that they give. Also, pay attention to the condition of your job site. Do you see the builder not caring about it?

Ensure that communication is in place throughout the construction of your house. You must be kept informed about the plans for your home each week. You can reach out to us by phone, email, or sending photos. These are great tools for custom home builders to keep in touch with clients.

You should ensure that your custom home builder has excellent customer references. Ask for references to discuss their experience with the builder. They will tell you if they are unhappy with the experience.

If you’re looking for a reliable, respected and experienced custom home builder in Myrtle Beach, call Dawol Homes.

Dawol Homes
9404 Hwy 17 Bypass,
Murrells Inlet, SC 29576
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com