Published at Wednesday, May 02nd, 2018 - 23:33:56 PM. . By .
Budget Considerations. One good way to find out what you can afford is to simply get three estimates from contractors. Discuss what you want with the contractor and if the estimate is high, ask them how you can reduce the costs. The estimate should be separated into cost of materials and cost of labor. By getting a professional opinion first, you may find that the bids are very similar and you have a good starting point for the high-end cost of your project.
The size of your lot will determine the size and type of house you want. You couldn't build a mansion on say a quarter of an acre. On the other hand a one bedroom, single floor home would look strange on a lot that is two acres or bigger. Whether your home has a basement could be important and that would depend on where you live. If you are lucky to have a basement, it can house the laundry room and your gym equipment or be a playroom/guest room.
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