It’s time to build a custom home and you are looking for a lot. Investing in Okeechobee land for sale is the first step in the process of relocation. It is wise to take notes and itemize your needs before you begin looking to be sure you get the size and neighborhood you want.
A dream house means an upgrade in lifestyle and a new lease on life for the whole family. It is an exciting process to be sure. Think about your new needs: how many bedrooms and bathrooms? What size and style of kitchen? There are numerous considerations before you get too far.
You can get your dream home by starting from scratch. This will be the location where memories are made. A lot might not look like much, but it is the foundation, literally and figuratively. What is in the area? Are there cafes, shops, a beach or public pool? Can you go for lazy Sunday walks in scenic surroundings? All these factors add up to a decision of importance.
After the lot type is decided, you will begin to plan your home. It may be one or two-stories and will be an identifiable style – such as ranch, Cape Cod, Tudor, or Craftsman. You hope to get all the factors you need in your purchase, but sometimes you do have to compromise. No matter. It is likely to be a wonderful place where memories are made.
It will be necessary to construct a budget before touring vacant lots in your desired area. You will no doubt take the current value of your home into consideration. When you buy the lot, you add the cost of the new structure together with property taxes to get a net total expenditure. You then factor in financing costs of any amount due after the resale of your primary home.
To calculate your budget, you will first consider the resale value of your home at the mid-range. After this you will itemize the cost of a replacement home, the same or better, on your lot. Add property taxes and you will have net expenditures. You will have to line up financing, of course, prior to any commitment. Banks will be difficult to work with on short sales or if there are any encumbrances on the property such as liens. If this is not all ironed out in advance, it could jeopardize the lot acquisition.
The food part comes shortly after securing the lot. You know its square footage or acreage and you can start to design a floor plan. You will then decide on the number of bedrooms and bathrooms as well as the floor, bathroom, and kitchen finishes. It is best to know what you want upfront to avoid costly errors and later inconvenient updates. You can of course use your builder but you may want a decorator and a landscape architect.
When all is said and done, you will have the home of your dreams designed and executed to your explicit specifications. You are ready to move in and begin again. Fresh surroundings always add vigor to one’s existence, and a new lease on life.
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