Building your custom home is exciting and frightening at the same time. You have been dreaming about your next home in the Okanagan for a long time and have a vision for it. The first thing to consider is purchasing your lot. So what will my perfect Okanagan building lot cost?
The short answer is, “It depends.” It may not be the answer you want to hear, but your custom home price will depend on a few factors. One of the biggest challenges when it comes to pricing a home is the location.
In the Okanagan, there are many beautiful places to build your dream home. The Okanagan has a lot to offer when it comes to scenery; beautiful lake views, mountain vistas, and private lake shores. It is becoming harder to find that perfect spot in the Okanagan, the price of your lot will be a factor in the overall price of your build.
We have worked with many clients who had purchased their land before they decided on the team to build their dream home. If possible, we recommend that you talk to your custom home builder before you do. Your home builder can guide you through this process and highlight some pitfalls about the property that will affect the price of your custom home build.
The price of the lot is not the final price of the land and you have to consider the site preperations that are required before you can build your dream home at your dream location.
Here are some questions to consider. Is the land located near a city or municipal sewer and water systems? Does it require a septic field, well or water license? Is the land sloped? Does Geotechnical Engineering need to be done before you can build or receive permits to build? Are there any easements you need to be aware of?
As you can see, there are many things to consider when buying a piece of property and talking with a home builder first, would help guide you in buying the right property for your dream home.
We love what we do, and we are here to help our clients make their dreams come true when it comes to building their custom home. We have over 30 years of experience in building and renovating homes in the Okanagan, and we specialize in working with clients who live outside of the Okanagan, and who are looking for a builder who is uncompromising in quality and communication.
If you are considering buying a property in the Okanagan, please connect with us before you do. We can help you make the right purchase decision and help you avoid some pitfalls and unexpected cost increases that will affect the overall price of your next home build.
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