The 4 Questions to Ask Before Starting a New Home Construction Project

Do you have a Pinterest board filled with houses that look exactly like the one you’ve been dreaming of? Do you constantly take a detour on your way home from the grocery store just to pass by that house in your neighborhood that turns your head? Are you finally ready to embark on building a new home?

Before diving into such a significant project, ask yourself these 4 questions.

What is my budget?

Knowing your overall budget will help you guide your research and make informed decisions. Is the cost of building the house and acquiring the land the only expenses? The answer is no!

Depending on your goals, a meeting with the general construction contractor of your choice will allow you to learn about the various costs associated with building your house to establish your budget.

Where do I want to live?

Building your own house is an opportunity to create your ideal environment in your chosen location. Do you want to live in the city, countryside, or forest? Are you considering relocating? These are questions you should consider from the outset.

Our “Choosing Your Land” publication lists other points to consider when selecting your land.

Who do I want to work with?

When it comes to choosing the general construction contractor you want to hire, there are several options available, and it can be easy to get lost. Indeed, there are choices for all tastes and budgets! Make sure to establish a list of your needs and priorities before starting your search. Ultimately, a meeting with the company of your choice will allow you to confirm if there is a good fit.

Is now a good time?

Have you just accepted a new job that will require a lot of adaptation? Is your next child on the way? Keep in mind that a construction project can require a lot of involvement on your part, and completion timelines span several months.

Ask yourself about your schedule and how much you want this project to be turnkey. Some companies offer full support from start to finish, so inquire about your options!