How To Build On A Budget

Author: Farwes Homes Ltd. | | Categories: Home Construction , New Home Construction , Residential Custom Design

 Blog by Farwes Homes Ltd.

Do you have an idea for a home? We can take your vision and turn it into a custom home you can be proud of. Additionally, we have forty-six different elevations and over sixty-five various floor plans in a variety of styles and sizes you can choose from.

Generally, building a home from scratch starts at $700,000 and can exceed $1,300,000. However, we understand that high prices can be a hurdle. We at Farwes Homes Ltd. believe you can have the home of your dreams without breaking the bank. So you do not get overwhelmed, we have made a guide to building a house on a budget.

Call your bank
The first step in your home ownership journey is to contact your bank. Here you can find out what you qualify for and figure out how best to achieve your real estate goals within budget. Speaking to your bank’s representative will also potentially give you professional advice that otherwise would be hard to come by.

Find the property that suits you and your family
Now comes the fun part, researching properties within your budget. Start by short-listing a few properties based on your location preference, cost constraints, and vision, and preferably visit the listing to get a better feel for what you are looking for.

Settle on a house plan
Next, it is wise to consult an architect and draftsman to have your home’s plans drawn out and perfected. Double-check dimensions and specifications to ensure your plans match up with your vision and budget and clarify any doubts you may have about the finished product.

Obtain a builder
While there are a plethora of self-help videos available on platforms such as YouTube explaining how you can construct a home as a DIY project, we suggest you obtain the services of a professional and experienced builder. A competent builder will be able to promise and deliver a home of the highest quality and ensure all requirements are met.

A word of advice
To ensure your home or construction project goes as smoothly as it should, at Farwes Homes Ltd., we offer our clients a few suggestions. For example, be ready to pay for extras upfront and don’t expect miracles on a limited budget. Similarly, don’t get bogged down by minor issues that might arise. Changes can be made throughout the building process, and setbacks are bound to occur. Keep an open mind and enjoy the experience. After all, we don’t build our dream homes every day!

For more tips on how to avail of the best construction services in Cobourg, Ontario, reach out to Farwes Homes Ltd. We believe our perseverance, honesty, and integrity have earned us a favorable reputation and have been the lynchpin in our success. We thoroughly enjoy meeting all the new customers and try to give the best product possible within a customer’s budget.

Get in touch with us today!

To learn more about the services we offer, please click here. To get in touch with us, please click here or call us at 
(905) 373-6106.