Deciding to build your own home is a big step, and it can definitely be a bit overwhelming. Where do you start? It is something you do not want to rush into. Take your time in the planning phase will ensure the building stages run a lot more smoothly.
Sort out the financial side first
Understanding what finance options are available can better help you understand the builders in your price range and the commitments needed moving forward. There are several types of home loans and various eligibility criteria for government grants, so make sure you find the best ones for you! Our experienced in-house finance specialists have helped thousands of first home buyers on their journey to homeownership. Finding out your borrowing capacity is easy when you work with the DreamStart Team.
Start looking at locations
Location, location, location…if you are currently looking to build a new home then you have probably heard this mantra thrown around quite a lot. If you speak to a real estate agent, they will tell you that a home’s value can be greatly affected by its location, which is a good reason to do your research. Aside from the value aspect, there are other just as important factors to consider when choosing the perfect location.
Is the location in close proximity to shops?
Is it located close enough to your workplace?
Are there good schools nearby?
Where is the nearest hospital and medical centre?
Is there easy access to public transport?
Are there parks and open spaces nearby?
Is the location close to family and friends?
Our expert house & land specialists are well-versed in finding your ideal location and taking care of the legwork for you. With access to exclusive house and land in some of Perth’s most sought-after suburbs, you’re sure to be able to find a spot that suits your lifestyle, with access to all the amenities you need.
What grants are you eligible for?
Before you start the building process it is worth finding out if you are eligible for any grants, building a home is a huge investment and every dollar counts.
The First Home Owners Grant is a $10,000 bonus that was created specifically to help first home buyers get into their own home sooner. There are also multiple other government grants that you may be eligible for, talking to your builder is the best way to ensure that you don’t miss out, they will be able to guide you through the whole process.
Think about what you want in your home?
Now comes the fun part… deciding what you want in your home. This is definitely one of the most exciting steps in the home building process, but it is also extremely important.
Start by visiting a few display homes, make sure you note down anything you like or don’t like. Think about where you are currently living, or have previously lived. what about those house designs worked for you and what would you have changed.
What layout will work for you?
How do you want your living space to flow?
How many bedrooms/bathrooms?
What features do you want in your home?
Once you work your way through the steps above, you should be well prepared when you build your new home. Contact our friendly team today to start your home building journey.