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Providing a piece of ground, making financial arrangements, preparing your land for construction and building a new home can be a complicated process. At Spectrum Homes, we understand the many critical decisions you face when building a home. Our systematic approach is designed to provide you with the necessary support and guidance required to help you make sound decisions. At our initial “one on one” meeting, we will explain the “Four Components of New Construction” and how these elements pertain to your situation.
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Land Value:
Land values vary based on location, topography, site improvements, surrounding properties, municipal services and most importantly supply and demand.
Lot Improvements:
Generally includes the costs associated with obtaining necessary permits and utilities to be used on your lot. The cost and amount of lot improvements will vary depending on the location and topography of your Homesite (i.e. building permits, water/sewer system, impact fees and grading).
The Home Cost:
Will vary depending on the type of design, specifications and floor plan you select.
Financing Cost:
Will vary depending on the type of loan you choose. Common financing options include conventional, construction and bridge loans. The type of loan you select will determine the funds needed at your real estate closing.
We can build from your plan or ours, large homes or small, two-stories or ranches. We have over 38 floor plans to choose from that can be built as is or customized to fit your needs. |
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