Sunday, February 15, 2009

Estimating the costs to build your dream house

There are a lot of people building their home any more. There are many advantages to building your own home.

You can have exactly what you want, including floor plan, wall coverings and carpets. But to build your own home you will first want to estimate about how much it will cost to build it. Some companies will do this for you with pre-approved floor plans. You can also hire someone to make your exact floor plan for you. No matter which way you go you need an estimate or budget.

To begin your home building estimate you need a floor plan. Depending on how big a house you want your estimate will be different. Have an idea of where you want to build and how much the lot will cost. This will be added into the estimate.

Depending on where you live the lots will vary in price. Once you have these two main selections your estimate will be divided into hard costs and soft costs. You should have a meeting with your architect, contractors and suppliers for a budget analysis meeting.