Looking for a new home might be discouraging and exhausting. You might struggle finding a place that fits every criteria you have and be stressed by the idea of renovating a house that might surprise you with older facilities than you expected. The best solution if you have time and some savings is to have your dream house built. We’re not usually inclined to this solution, especially in a metropolis or its surroundings, but it might be the best solution if you truly can’t find something that fits your expectations. Here are 3 questions you must ask yourself before starting this process.
Does my project respect the laws?
If you start such an adventure, you must hire a real estate lawyer in Montreal. Hiring a local expert will guarantee that every step of the process respects the local legislation. You probably don’t know half of the laws that comes into play when building a house. For example, your plans have to be approved by the municipality before you start building your house, you have to get a complete contract signed by your contractor, you have to make sure that every aspects corresponds to the local standards, etc.
How to choose the contractor?
The choice of the contractor is probably the most important decision you’ll have to make. You have to consider his experience, if he had any complaints for his work in the past and the delays he assures. It might seem like a good idea to hire your cousin who’ll make you a good price for the work, but it won’t be such a good idea when he won’t be able to deliver the product you asked for in the delay he promised. Choose the one that’s the most experimented and try to choose a local one so he’ll be able to help you with the township’s specifications.
What to include in your budget?
Some expenses are obvious: the ground, the materials, the contractor and his team, the construction permit, the furniture, etc. But some are way less evident. You’ll have to think about the landscaping, cedar hedges (or other ways to get some intimacy), asphalt and other exterior aspects. You’ll also have to pay for all the connections required such as electricity, sewers, cable, etc. These aren’t stated when you make the plans with your architect and your contractor. It’s important to have a defined budget with a big amount reserved to possible unexpected expenses so the bad surprises won’t be too bad and you won’t have to abandon your project before it’s done.