Thinking about building a house in Ontario?

Building your own custom home is a dream for a lot of homeowners. It puts them in the driver’s seat and allows them to be specific about what they want their home to look like. Knowing what to expect when building your dream home can go a long way in ensuring your project is completed with as little stress as possible. Here’s what you should know:

Pre-construction Process

Planning for a custom home can be a very exciting process. However, a lot of work goes into making sure the project is a success. Before you can even break ground, you should have a good understanding of what the process will entail. This will give you a greater appreciation of the project and what you need to plan for.

Finalize Floor Plans

Before you can do any type of building or construction work, you need to finalize your floor plans with your architect. Your house plans should be at least 95% complete before you break ground. While there will always be necessary tweaks required along the way, you should have a solid floor plan and an agreement with a reputable architect.

Financing Options

There is a difference between financing a custom home and financing a home that is already built and ready for occupancy. Finding the best loan program for your needs can take some time because custom home building follows a different process. In addition to having a mortgage for your new home post-construction, you may need a construction loan and a separate loan to buy the property you intend to build your home on. It’s unlikely that you will get one loan that covers these separate issues. Some financial institutes will offer you a custom home construction loan while the new home is being built, and then when it is complete, the loan can be converted into a mortgage.

Lot Selection

There are several things to consider when looking for the right piece of land to build your custom home on. Think about how much land you need and how you plan to use it. The location is going to be important, so make sure you consider what is realistic for your family‘s needs. It’s also important that you understand zoning so that you know what restrictions will be imposed when you build your home. It will also help you gain an understanding of what you will be responsible for on your property like road maintenance or plowing.

Building Permits

Acquiring the necessary building permits is extremely important. Each municipality has its own set of building requirements. These are set in place to protect the occupants of a building and give them the assurance that the building they are in has been built according to local regulations.

The approval timeline varies so it’s important that you acquire the necessary building permits early to avoid any delays in your project. Make sure to secure your contractors before you begin the building permit application because most are only valid for a specific period.

Contact Us

The best way to ensure that your custom home project goes off without a hitch is to hire professionals who can handle the various aspects of the project for you. Aria Build is proud to be one of the leading construction companies in Toronto and will ensure that you have all the information you need to build your dream home.

Call us today to learn more about building your custom home!

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