Common Myths About Custom Home Building

Building a custom home is a wonderful experience- once you get started. Unfortunately, there are several myths that surround custom home building in Florida that can deter people from ever exploring it as a viable option. We’re here to explain these myths, why they exist, and the truth behind them.  Here are the most common myths about custom home building.

Myths Exposed About Custom Home Building in Florida

It’s Not Affordable

Custom luxury homes can be affordable. This myth stems from the assumption that building something will be more expensive than buying something “as-is”, and a lack of long-term mindset.  It’s all about planning for the financial future, and it all depends on what you go after.  Finding the right lot and working with a custom home builder who is aware and considerate of your budget has a lot to do with what you’ll spend on your custom home.  You also want to consider the long-term cost.  You’ll be getting a brand new home, which uses the latest in energy efficient building techniques.  You’ll be able to plan for the future with the help of a professional home designer.  This means that you will have your custom home for a long time, if not for the rest of your life.  The likelihood of costly maintenance or repairs also goes down significantly.


Construction Loans Are Hard to Get

This actually used to be somewhat true.  However, construction is on the rise, and banks have started to truly back the custom home industry.  It can actually be very affordable and simple to get a construction loan, and you can even sometimes include the land purchase in the loan.  This means that you can get the construction loan before you purchase the land, including both the land and home within one loan and allowing for a better financial option.

You Just Don’t Have The Time to Wait

Of course, your custom home will not be as move-in ready as a home that is already standing.  That’s why it’s important to work with a professional and experienced custom home builder.  Not only will they be on time with your construction, they will be able to help you plan every step of the way.  They’ll help you figure out when a good time would be to start the process and begin building.  You’ll know in advance how long your home will take to be built so you can make appropriate arrangements.  In the end, the wait will be worthwhile, and you should be in your custom home right on schedule!

We hope we’ve helped you understand at least some of these myths a little better.  Do you have more questions about custom homes?  What myths or scary facts have you heard?  Contact our builders to receive the right information!

Sources:

About Construction Loans

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