A Beginner’s Guide to Building a New Construction Home

Tom R. Covello March 8, 2024

Building a new construction home on the Eastside is an exciting journey that allows you to create a personalized living space tailored to your preferences. Before diving into the process, it's essential to understand the steps involved. Each phase requires careful consideration and attention to detail, from securing financing to selecting a builder and finalizing design plans.

This guide provides a step-by-step breakdown, empowering you with the knowledge and tools to confidently navigate building a new construction home.

Set a budget

Establishing a realistic budget is one of the first steps in building a new construction home. Consider land acquisition costs, construction expenses, permits, and upgrades. Working with a financial advisor or mortgage lender can help you determine a budget that aligns with your financial goals and ensures a smooth building process.

Secure financing (if necessary)

Obtaining pre-approval for a construction loan tailored to new projects requires careful consideration. These loans differ from traditional home mortgages in several vital aspects.  Firstly, construction loans typically have shorter terms and feature disbursement in stages to align with the build's progress. Additionally, the down payment requirement for a construction loan may be higher than financing an existing home.

Working with a lender specializing in construction loans is highly advisable to ensure a smooth experience and a clear understanding of the terms, costs, and disbursement schedule.

Choose the right spot

Location is critical when building a new home. Bellevue offers a variety of neighborhoods, each with its unique charm and amenities. Narrow down your options by:

  • Analyzing neighborhoods: Research areas like West Bellevue, East Bellevue, Downtown Bellevue, and Bridle Trails, considering proximity to amenities, schools, and your desired community atmosphere.
  • Assessing available lots: Locate available lots that match your size and budget requirements. Consider factors such as lot size, topography, and views.
  • Consulting a real estate agent: Experienced Bellevue real estate professionals offer valuable insights into neighborhoods and facilitate acquiring your ideal building site.
Also, consider proximity to schools, shopping centers, parks, and public transportation when selecting a location for your new construction home.

Select a reputable builder

Choosing the right builder is crucial to the success of your new construction project. Research local builders in Bellevue and review their portfolios, customer reviews, and credentials. Verify their reputations through customer reviews and testimonials, ensuring quality craftsmanship and timely project completion. Schedule consultations with multiple builders to discuss your vision, budget, and timeline. Select a builder who understands your needs and has a proven track record of delivering high-quality homes. Ideally, your builder will be transparent and keep you informed throughout your build.

Design your home

Once you've selected a builder, it's time to design your dream home. Work with an architect or design team to create a floor plan and layout that meets your lifestyle and preferences. Begin by outlining your ideal home, considering these essential aspects:

  • Size and layout: Determine the number of bedrooms and bathrooms, desired square footage, and preferred configuration of living spaces.
  • Architectural style: Choose an architectural style that reflects your aesthetic preferences, such as traditional, contemporary, or modern farmhouse.
  • Essential features: Create a list of must-have features, such as a home office, spacious kitchen, walk-in closet, or outdoor living area.
Consider the number of bedrooms and bathrooms, kitchen layout, and outdoor living spaces. Remember to incorporate energy-efficient and sustainable design elements to minimize environmental impact and reduce utility costs.

Finalize plans and permits

Before breaking ground on your new construction home, you'll need to finalize design plans and obtain necessary permits from Bellevue. Your builder will handle the permit application process, ensuring compliance with local building codes and regulations.

Break ground

With plans approved and permits, it's time to break ground on your new home. Construction timelines can vary depending on weather, site conditions, and the project's complexity. Stay in regular communication with your builder to track progress and address any questions or concerns arising during construction.

Follow the construction process

With your agent, familiarize yourself with the key stages of building a new home. First, site preparation and foundation involve clearing the land, grading, and pouring the foundation for your home. Next, the house's framework is constructed, and electrical, plumbing, and HVAC systems are installed.

As construction progresses, you'll have the opportunity to select finishes and upgrades for your new home. The choices can be overwhelming, from flooring and countertops to fixtures and appliances. Work closely with your builder and design team to make selections that reflect your style and budget while enhancing the overall aesthetic of your home.

It will be inspected before closing on your new construction home to ensure it meets all building codes and quality standards. Schedule a walk-through with your builder to check the completed work and address any remaining issues or concerns. Once everything is approved, you'll be ready to close on your new home and move in.

Enjoy your new place

Once your home is finished, it's finally time to settle into your new space and start making memories. Whether you're hosting family gatherings, relaxing in your backyard, or exploring the vibrant community of Bellevue, your new home is the perfect place to create lasting moments.

Ready to start building your dream home on the Eastside? Contact Tom Covello today for expert guidance and personalized assistance with your real estate needs. With Tom's extensive knowledge of the Bellevue market and dedication to client satisfaction, you can trust him to help you find the perfect lot and builder for your new construction project.

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