BUILD ON YOUR LOT
BUILD ON YOUR LOT
Whether selecting a home with one of our lots or choosing Wahea Homes’ Build-On -Your-Lot program, the process is similar but with a few added steps:
Pre-Construction Phase
Land Assessment
You may have already purchased your own lot. Wahea Homes would assist you with the best footprint location depending on the following variables: lot size, build set back lines and utility easements based on the Boundary Survey, lot elevation and drainage based on a Topographic Survey, as well as any community deed restrictions or local government restrictions.
If you have not purchased your lot, Wahea Homes can assist you with assessing potential lots to alleviate hidden costs that can rise before construction process begins. There are many great lots available in a wide spectrum of developments, but you have to be careful of hidden cost factors. Sometimes a lower priced lot may need various Site Improvements before you can build on it as well as various impact fees from the local government or utility companies. Another thing to consider is the monthly dues and maintenance fee associated with a subdivision. These fees will impact your loan qualification and cost life cycle of your home for the duration of home ownership.
The difference in choosing to build on your own lot versus a lot in inventory has to do with the Soft Cost and Engineering. These costs can add up in the following ways: lot drainage, flood plains clearance, building pad elevations, soil absorption test- if using the septic system and water well if there is not public water available. If water and sewer are available how far away are the connection points this would be true with your electrical point of conventions.
- Engineering
- Topography Survey
- Soil Report
- Soil absorption test for if a septic system is required
- Civil plan/drainage plan (per Community/Local Government)
- Site Work beyond typical budget amounts (excavation, backfilling compaction, hauling off of excess dirt
- Amount of select backfill dirt to bring your building Pad to the desired or engineered requirements
- Cost of buying and trucking the select backfill to the site
Soft Cost
- Civil Engineering
- HOA/POA Fees, Permit & Impact fees (per Community /Local Government)
- Well water system and water softening system install
- Septic system
- Nature Gas System (propane)
- Distance to Utilities Point of Connections (water, sewer, electric, cable and gas) beyond budgeted distance
You see, it is easy to get swept up in the vision of your future home on an attractive piece of land. There is always a chance of problems you don’t see right away that will bust the Pre-Construction Budget. More on that a little later.
Building a home on your own land can be one of the most satisfying experiences of your life — as long as you are prepared. There are a lot of variables to consider and you will need the help of professionals to ensure you don’t overlook the important details before breaking ground.
HIRE A HOMEBUILDER EARLY IN THE PROCESS
Our biggest piece of advice for anyone who wants to build on their own lot is to consult a builder before buying land. Choosing to involve your builder early on in your decision making has the potential to save you time and money in the long run.
Your home builder will not only help you determine the best placement of the home, but also whether or not you should build on a particular lot at all.
