Perspectives: Is A Custom Home The Right Choice?
By NextHome Staff
August 30, 2018
August 30, 2018
It’s becoming a more popular option, just be sure you know what you’re getting into
Many people have been asking what to do with their homes given how volatile the Toronto housing market has been for the last number of years. Most are opting to just stay in a home that no longer works the way they want rather than risk moving somewhere else. However, just because you decide that it’s better to stay put than to jump into the ever-fluctuating market, you don’t need to stay in a house that isn’t for you.I’m going to explain some of the different options you have available to you that will allow you to stay in the house and neighbourhood you’re comfortable with that includes all amenities you’ve grown to know and love, without sacrificing the home that you truly wish you lived in.Recently, I have noticed many new “smaller owned” custom homebuilders pop up in and around the city, paving the way for homeowners to make their dreams come true.I’ve spoken to a number of people who chose to stay put and build rather than move and I’d like to share a few of those experiences with you. There are two things to keep in mind before you start:
- A custom home renovation can truly be a blank slate. If you have specific ideas in mind, they can always be realized. If you are more comfortable leaving things in the hands of professionals that can be an option, too. If, however, you are really risk averse, the best option might be to consider buying an existing home.
- Always make sure you find a reputable custom homebuilder who can take you through the entire building process from the initial draft to the final stages.
- Know what you are getting into.
- Hire the right people.
- A designer is a must; knowing how much furniture and the placement early in the design phase is key.
- Plan, plan and plan some more. Communicate everything and never assume.
- Things look worse before they look better.
- Mistakes will happen; have a backup plan.
- Get to know your trades, they are on your team.
- Listen to the professionals but know when to trust your gut.