If you’ve been thinking about building your dream home, the only thing that might be keeping you from moving forward is the cost. But even with a large undertaking like constructing a new home, there are a number of ways that you can save on costs.
One of the first steps is to compare interest rates on your mortgage and / or construction loan. While it may not sound like a big deal, a difference of just a half- or quarter-point on the interest rate can end up saving you thousands of dollars in the longrun.
You could also choose to have the builder install “standard” items, such as light fixtures and window treatments, and then upgrade these items over time. Going this route can allow you to save money up-front, as well as to determine what will truly be best in terms of the finishing touches.
Another money-saving option is to shop for appliances and other items yourself, as versus having the builder purchase and install them. This strategy could allow you to save money, and to choose the exact model(s) that you want.
Certainly, one of the best ways to save money when you’re constructing a new custom home is to work with the right builder. Just like any other high ticket item that you’re considering, it can be extremely advantageous to compare the cost and the workmanship of several local builders prior to moving forward. Doing so can end up saving you money, as well as time and frustration down the road.
If you would like more details regarding the cost and time frame for constructing a new custom home in Orlando or the surrounding Central Florida area, give Rare Builders a call. We’ve built our reputation on providing quality homes with layouts that work for your specific needs, and pride that will last a lifetime.
