The process of building a new custom home is an exciting time, but not one that you can rush into. Before you can even break ground, there are many steps in the pre-construction processes that need to take place.

Finalize Floor Plans

Naturally before you can begin building you want to finalize your home plans with your architect. If you have not yet hired an architect we have some recommendations to help you with the process. Your floor plans should be at least 95% complete before you begin construction. Change orders are caused by changes in design or product selection that delays the agreed-upon timeframe or alters the original construction plan. If you have worked with a reputable architect who understands your needs and has put together a design that meets your needs, and if you have negotiated a fair and reasonable price with your builder – you should have very few changes orders during construction.

Financing

When financing a custom home you want to understand how payments get authorized during construction. Construction loans are never paid out in a lump sum. As steps in the construction process are completed you, or your builder will request “draws” from the loan to pay for these expenses. Banks need to approve these draws, a process typically done by sending out a bank authorized representative to review and approve the work. With careful project management, you and your builder can ensure work is completed on time, the bank approves it in a timely manner, so you can collect funds to continue construction. 

Lot~Land Selection

Whether you have chosen a 2-acre lot in your favorite neighborhood or a size-able amount of land, your choice will have a big impact on your construction timeline. An important factor to consider is the amount of dirt work it will take to prepare your build site, what type of dirt is present on the property, and the accessibility to water and electric.

There are several steps to finding the right land. First, like the process of designing you’re home, you want to understand how you will use the land once the home is complete. This will help you develop the right footprint and location for your home. Figuring out if you would want to build an attached garage or detached carport, possibly an in- ground pool or a shop on the property.

Design

You made the big decision—you’re building a new house! But what comes next? Having the opportunity to build your own home is certainly an exciting life accomplishment, with complete freedom to create a place that is uniquely yours. You will have full control to customize the home’s style, layout, finishes, and so much more. Mixed in with all of that excitement is the often-intimidating process that lies ahead because customization requires a lot of decision-making. At TMC we offer complimentary in-house design services from start to finish on every project.