Building a custom home is an exciting opportunity to design a space that truly fits your lifestyle—but success depends on planning the right details from the start. Understanding the must haves when building a custom home can help prevent costly mistakes, delays, and design regrets later on. From budgeting and builder selection to communication and final inspections, these essentials create a smoother, more successful home-building experience.
Most people don’t build custom homes every day, so our team at Venue Construction is here to help make the process easier. In our post today, we will discuss the five most important steps to ensure your home-building project is smooth and successful.
#1. Set a Realistic Budget
Before making any other decisions, the first aspect to consider is your budget, which will drive most of your choices throughout the custom construction process. A general budget breakdown for a custom-built home will consist of:
Land Cost (25%) + Design and Construction Cost (75%) + Final Touches (5%-10% of Land Cost + Construction Cost) = Total Project Cost
In most cases, the land cost should not exceed 25% of your total budget plus your construction costs. However, this percentage may increase if your goal is to build on a unique parcel or on a large acreage where land values are higher.Along with setting aside these general percentages for land purchase, it is also a good idea to plan for 5% to 10% of your land plus construction costs for finishing touches such as landscaping, furniture, and home decor. Some people prefer not to budget these expenses into their total project costs. However, we have found that having finances in place for these essential home decisions creates a more comfortable and straightforward custom home-building process.
#2. Choose a Skilled and Experienced Builder
After setting an initial high-level budget for your custom home, the next critical step is deciding on the best residential general contractor for your project. Choosing the right builder in your local area significantly impacts the quality and overall success of the building process. When starting this step, look for residential construction companies in Orlando with experience building custom homes that align with your budget and stylistic choices. A builder with first-hand experience and knowledge of the local permitting process and construction code requirements will help streamline the building process and ensure compliance with city regulations. Consider these aspects when looking forresidential construction companies to build your custom home:
Some may argue that defining a vision for a custom-built home should come first in the lineup. However, in our over 40 years of experience in the industry, we have found that the right custom builder can significantly help clients flesh out their vision and offer options that clients may not have previously known were available.During this step, contractors and clients should take the time to define a clear vision for home design and construction choices. It is vital to consider essential features, layout preferences, and architectural style. This can be particularly important in Orlando, where stylistic and lifestyle options may vary from bustling urban areas to lakeside retreats. Organizing these plans upfront in an initial consultation with all deciding parties and an experienced contractor can help refine these ideas and begin bringing your custom home vision to life.
#4. Maintain Ongoing Communication
Once these first three key steps are complete, it is time for the custom home-building process to begin. Residential custom home-building projects involve many moving parts, so it is vital to maintain open, ongoing, and consistent communication with your general contractor. Experienced residential construction companies in Orlando, like Venue Construction, know the must haves for building a custom home and have diligent and organized project managers who ensure seamless updates and communication between contractor and client. These regular check-ins to discuss progress or changes help avoid future timeline surprises and organize each vital stage of the building process into manageable action steps.
#5. Prepare for Final Touches and Inspections
As construction completion approaches, it is time to focus on the finishing touches that make a customized house your dream home. Here, you can consider landscaping preferences, interior finishes, and custom installations that reflect your daily lifestyle preferences. After construction, your builder should conduct a walkthrough to note any areas that need adjustments before the final handover. Also, during this step, all inspections are completed, and you will receive warranty documents, maintenance guides, and more. Our team here at Venue Construction takes care of these necessary but easily overlooked components of the building process from start to finish.
Choose Venue Construction As Your Premier Custom Home Builder
When planning the must haves for building your custom home, each decision plays a critical role in the overall success of your project. With four decades of experience in residential home construction, our professional team of building experts can help with planning, budgeting, designing, organizing, and communicating how to bring your custom dream home to fruition. Whether your primary residence or your vacation escape, a custom home offers a unique opportunity to design a living space that is truly yours. Contact us today to schedule your initial consultation.