Thinking About Building?

Even if you're considering building a new home, we are here to help you! Here are some helpful tips if building is something you are considering.

Building a new home can be an exciting yet complex process. It is important to know that there are two main types of home builds to consider:

1. Custom Homes

Custom homes are built on land you own or acquire, allowing for complete personalization:

  • Offers maximum flexibility in design and features.

  • Typically more expensive and time-consuming to build.

  • Allows for unique, one-of-a-kind designs.

  • May require separate contracts for land purchase and home construction.

  • Can be built in more remote or isolated locations.

2. Production Homes in Communities

Production homes are built within planned communities and offer several advantages:

  • Generally more affordable due to economies of scale.

  • Faster construction timelines.

  • Often include community amenities like parks, pools, and shared facilities.

  • Offer a range of pre-designed floor plans and styles to choose from.

  • May have restrictions on customization options.

  • Built in phases, creating a true community feel more quickly.

Choosing a Builder

When selecting a builder for your new home, consider the following tips:

  1. Research their reputation and read reviews from previous clients.

  2. Verify the builder's credentials, licenses, and insurance.

  3. Ask for references and follow up with them to learn about their experiences.

  4. Check the builder's financial stability and how long they've been in business.

  5. Ensure they offer a comprehensive warranty for your new home.

When deciding between these options, consider your budget, desired location, timeline, and level of customization. Custom homes offer more flexibility but at a higher cost and longer build time, while production homes in communities provide a more streamlined process with potential cost savings and built-in amenities. Regardless of which route you take, it is a complicated process. Having trusted professionals around you is the most important tip!

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Getting Prepped for Buying Season!

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Important FAQs on the Current Real Estate and Mortgage Market in Ohio