Dreaming of residing in a beautiful home is a common desire, and there’s no better way to ensure your dwelling aligns with your personality and lifestyle than by designing it yourself. Witnessing your hard-earned money transform into a home of which you can truly be proud is one of life’s most rewarding experiences.
However, the decision to build your dream house is significant and can swiftly become overwhelming. Given the costliness of mistakes, it’s crucial not to make decisions without certainty. To bolster your confidence in embarking on this journey, here are eight considerations if you’re planning to construct your dream home:
- Define Your Goals: Start by setting achievable targets. Clearly identify what you want and envision the final outcome. This big-picture thinking will guide you toward your desired result. Ask yourself questions like how to achieve this, who to seek help from, and if there’s a need for a plan B. Research extensively and seek advice from credible sources to gain a better understanding of the home-building process.
- Establish a Budget: Examine the financial aspect carefully. Stick to your defined budget and explore the best ways to achieve your desired outcome without overspending. Whether through a loan or bank savings, determine the most suitable financing method. In the Ghana, construction costs typically range from plus or minus 4,000 cedis averagely per sqm if you have a builder handling the entire construction process.
- Consider the Location: After research and budget planning, revisit your dream house vision by selecting the best location. Consult local estate agents. Choosing the best location is very important, You would not want to put a mansion in a new developing area with no proper amenities. (1. it reduces the value of your house if you intend to sell, 2. It draws a lot of attention and might make you a target of theft.).
- Hire the Right Professionals: As you engage with real estate companies, build a competent team. Home construction is a collaborative effort, and hiring the right professionals is crucial. Choose contractors with excellent recommendations and a proven track record, like my company Doksimon & Larkins Construction. Ensure they take care of both supplies and the construction work. Don’t forget to include essential team members such as architects and interior designers. In our case we design and build so you have nothing to worry.
- Permits and Paperwork: With the team in place, legalize the trade by signing contracts. Contracts are vital to prevent dishonest dealings and serve as legitimate proof of the agreed relationship. Trustworthy contractors often handle the acquisition of construction permits, relieving you of that responsibility.
- Know Your Style: As the actual construction process approaches, be clear about your preferred style. Set firm standards for your home and discuss design options with architects and interior designers. Their professional advice can help refine your vision.
- Communicate With Your Team: Maintain open communication throughout the building process. Actively engage with the builders, providing a concrete image of your desires. While it’s essential to communicate your preferences clearly, also be open to their suggestions, considering their professional expertise.
By considering these factors, you can navigate the process of building your dream house with confidence and ensure that it becomes the ideal home for your lifestyle and preferences.