{"id":287,"date":"2016-11-09T16:31:09","date_gmt":"2016-11-09T22:31:09","guid":{"rendered":"http:\/\/www.martinsonagency.com\/blog\/?p=287"},"modified":"2016-11-09T16:31:09","modified_gmt":"2016-11-09T22:31:09","slug":"five-things-to-know-when-building-a-home","status":"publish","type":"post","link":"https:\/\/www.martinsonagency.com\/blog\/five-things-to-know-when-building-a-home\/","title":{"rendered":"Five Things to Know When Building a Home"},"content":{"rendered":"

Five Things to Know When Building a Home<\/strong><\/p>\n

November 9th, 2016\u00a0— Martinson Agency LLC — Chaska, MN<\/strong><\/p>\n

Building a new home can be just as stressful as it is exciting. If you properly plan out the project and try to avoid mistakes, you can ensure the house stays within your budget and desired timeline. Here are five things you should know before setting out to build a new home:<\/p>\n

1. Average Costs<\/strong><\/p>\n

Home Advisor, a website devoted to housing news and tips,\u00a0estimates that it costs an average of $305,372<\/u><\/a>\u00a0to build a home, with most individuals spending between $178,010 and $466,493. The website says that the number of stories, square footage, appliances, design and fixtures will impact the final price.<\/p>\n

2. Staying Within Budget<\/strong><\/p>\n

US News & World Report states that one of the\u00a0major mistakes that leads to overspending<\/u><\/a>\u00a0is not having a detailed plan. When a highly detailed plan is not in place before the outset of the project,\u00a0the budget is highly likely to be overshot\u00a0before completion. The source also urges consumers to consider their mortgage\u00a0costs\u00a0over the entire term when establishing a budget.<\/p>\n

3. Know The Important Role Players<\/strong><\/p>\n

Maverick Custom Homes, a business that assists in home construction, explains that\u00a0the key\u00a0players in any project<\/u><\/a>\u00a0will include the homeowner, real estate agent, construction manager, the bank, designers, civil engineers, contractors and inspectors. The only way\u00a0the house will be built\u00a0flawlessly and within budget is if all of these\u00a0players are chosen\u00a0carefully and\u00a0work\u00a0toward a common goal every step of the way. Make sure you are coordinating and keeping everyone on track.<\/p>\n

4. Know The Essential Steps in Construction<\/strong><\/p>\n

You should have an idea of how a construction project flows before you begin building. This knowledge will help to guide your decision making in a more accurate fashion. Some of the steps include:<\/p>\n