67.5 percent of Texans are homeowners. So, if you’re looking to build a home in the Lone Star State, you’re in good company.
The benefits of homeownership are well-documented. A home is an asset that typically gains value over time and there’s that priceless peace of mind you get when you know you’re not paying any rent.
However, it’s one thing to buy a ready-made home and it’s another to build one from scratch. Both have their pros and cons, but in this article, our focus is on building a home in Texas.
Here are important considerations you need to make:
- Different Localities Embrace Different Styles
Of course, nothing stops you from building whatever style of house, wherever you wish. As long as the plan has the approval of local authorities, you’re good to go.
But your home doesn’t exist in the middle of nowhere. It will exist in a neighborhood. As such, it’s important to build a house that blends in well with the overall theme of the locality.
In Texas, you’ll find different styles in different regions. In Dallas and Houston, you’ll see traditional-looking homes with steep roofs and red brick. In Austin, you’ll see more styles of houses with modern designs.
So, if you have a specific style in mind, it’s worth doing some research and finding where it will fit. Or start by finding a suitable location, and then select your house style based on style trends in the area.
- Understand the Area’s Building Code
Like in most other states, in Texas the building and construction code varies from county to county.
Ensure you have a good understanding of the local code before you purchase building land. The code covers every aspect of building, from the quality of materials to plumbing standards. If you have a specific design feature that you would love the house to have, ensure the code allows it.
- Get Your Financial Ducks in a Row
The cost of building a home varies from state to state, but Texas is among those with the highest cost. In general, expect to spend anywhere from $300,000, depending on the size of the home and quality of finishes.
Nonetheless, building a home is an expensive undertaking. Get the cost estimate from a professional and don’t start building unless your finances are in order. If you’re relying on external financing, ensure you have secured the funds before you break ground.
Starting the project with only some of the money at hand hoping to secure more as construction rolls on isn’t ideal. That’s how people end up with stalled projects.
- Hire an Experienced Builder
When you’re building a house from scratch, your builder makes all the difference. A competent, experienced builder will ensure you end up with a house that looks like what’s on paper.
There are thousands of builders in Texas. You have to research and find the best one for your needs. There are many factors to consider, but always ensure your builder has an adequate builder’s warranty.
And when your home is ready, don’t forget to purchase a home warranty. Check out this link to learn more: https://selecthomewarranty.com/blog/texas-home-warranty/
Building a Home in Texas: Get Started
With lots of land and cities with vibrant cultures, building a home in Texas is a smart move. However, it’s also a multi-step project that needs intricate planning. With this guide, you now know some of the top considerations to make before you start the project.
Explore our blog for more real estate tips.