 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Take the Mystery
|
How
Much Can I Save? On a $300,000
home, And, if you plan to do some of the actual work yourself (painting, wallpapering, etc.) the savings could be truly astronomical! So how much will you save (earn)? That depends on the skill of the builder (you) to control the costs - something you're going to learn a lot about. |
So what do I need to know?
Here's an overview of the three major
parts of building a home.
. . . any home
. . . Your Home!
the Lot,
the Planning,
and the Construction
Each of these "parts" has a "Financial" and a "Physical" component. Here's what it looks like.
 |
Ready?
Click
on a topic from the buttons
on the left side of this page or from the list below. If you
really want to learn about home building, take it one step at
a time. We've laid it out here in pretty much the order you'll
need it as you work through your home building project!
Here's some food for thought before you leap in. If you are leaning towards being an Owner Builder, hear are some options to consider as well as some of the benefits you'll earn for your efforts.
The
Home Contracting Process
A Broad Overview Of The Home Contracting Process. The modern homebuilder (contractor)
controls much more than just the construction (building) of the home.
The
Parts Of Your Home
If you're going to build a home, you'll need to know more than a little bit
about all the Parts of the Home. Here's an exploration of all those parts
- from footing to roof - in terms people with no construction experience can
understand.
Funding
Your Project
Unless you have enough cash available to cover construction costs, you will
probably be faced with getting a Home Building Loan to fund the project and
Permanent Financing which you will pay off over 15-30 years.
Developing
Your Budget
The very first step in planning the construction of a new home is the preliminary
budget. Developing a preliminary budget spells out the allocation of funds
for your project in broad terms.
Your
Building Lot
Home building starts with the selection of the perfect lot. It is one of
the most important decisions you'll make in your owner builder project.
If you haven't found it yet, here's some great material to help you ask
all the right questions before putting down your cash!
Developing Your Plans and Specifications
By now you have finalized your budget and
selected your lot. It's time to pull
out all those sketches and pictures you have been saving and
start seriously designing your dream home.
What's
It Really Going To Cost
Developing
Your Construction Cost Estimate -The Home Construction Cost
Estimate (sometimes called a "take
off") is the heart of your financial plan. It is what your cost
control is based upon. Here's how to get it done.
Planning
Your Construction Schedule
By developing a building schedule - a plan, the builder knows in
advance when every facet of the job is to begin and when it should
be completed. This is a planning function, and is carried out before
the job is begun.
Understanding The Sequence Of
Construction Events
It's fairly self evident that to successfully build a home,
you need to know not only the parts
involved, but just as important, how
they all go together . . . and in what order!
Construction Management
As the Owner Builder, you are responsible for scheduling, purchasing,
cost control, cost accounting, quality control and more!
Subcontractors
You might as well know right now that here is where you’ll
have most of your problems in building your own home - in finding
and dealing with subcontractors.
Suppliers
As an owner builder, lumber and building materials suppliers are your friends in the owner-builder-home-building-business. Partnering with the right suppliers can make your life a lot easier.
For additional insight on getting started with your project,
see Lesson One of our online course
Successful Home Contracting.
