MAPLEWOOD HOMES BLOG


Mistakes Homebuyers Make When Building a Home

August 21, 2019 in Design, Real Estate, Tips and Ideas


The process of building a home can sweep you up into a whirlwind of all sorts of possibilities. Designing fun layouts, choosing colors or unique structures are all a great part of the process. While building a home is absolutely rewarding, it’s important to keep a good head on your shoulders. Be aware of these common building mistakes as you begin the building process.

Building Too Big or Too Small

A brand new home is one you will be able to enjoy for years to come. In the same way, think about what your life will look like 10-15 years down the line. Will you need more bedrooms or will you be looking to downsize? While it may seem easier to build bigger as a precaution, be aware of the upkeep of maintaining a larger home. Will you really need a home office if you don’t work at home? Put extra care into choosing a home size that works for you, now and in the future.

Not Managing Your Mortgage

You may be excited about that last-minute upgrade, but how will it affect the cost of your home? Adjusting the price of your home can make you mortgage more or less difficult to handle over the next 15-30 years. Additionally, any other big purchases made during the construction process (like that new furniture set you’re eyeing) can impact your mortgage eligibility. Ideally, they’re looking for an income-to-debt ratio of under 43%. ​So even if you think you can afford something, your mortgage company may disagree.

Not Prioritizing Amenities

Some buyers want the best of the best, while others are looking to save money. The ideal route when building is to fall somewhere in the middle. Pick just a few amenities that really matter to you, like awesome hardwood floors or a gas stove, and poor your heart into them. You can always update others later.

Not Paying Attention to Resale Value

Everyone wants a home that’s unique to them, and building a home really lets you make something that’s yours. But be aware of how your layout will appeal to potential buyers down the road. Quirks are great, but your home should still be functional. Before you start building, make sure your home still appeals to the eyes of potential buyers.

Keep these tips in mind and you’ll be able to go forward and build with confidence. To answer more of your questions, ​contact us​ or learn more ​about​ our company.

Why Building Makes Sense At Any Age

August 14, 2019 in Building Materials, Design, Real Estate

Think of your dream home. Picture every detail, from the groomed lawn and the ideal porch, to what lies behind the front door. Believe it or not, that dream home could become a reality. You can build it!

Building a home is the ideal solution for both you and your finances. It means creating something in your price range with every feature you want, and nothing you don’t. Regardless of your age or experience, building a home is a smart choice that can save you time and money.

First-Time Buyers

  • Stress Free.  When buying a pre-existing home, you can never fully know what you’re getting into. Damage in the pipes or foundation can cost thousands to repair, and put your life on hold to fix them. When you’re inexperienced in home repair, investing in a new home is the ultimate peace of mind. Maplewood’s trusted master builders are here to walk you through the entire process. You can create a brand new structure, free from the wear and tear of older homes.
  • Great Investment.  Buyers want a home that appreciates, or goes up in value over time. However, how much or little that happens depends on a multitude of factors, such as the quality of the structure, the neighborhood and house features. Coincidentally, newer homes tend to be of higher quality than older homes. With the security of a high-quality home, you should be confident in your investment for many years to come. And with Maplewood, you can afford to make this investment!

 

Small Families

  • The Perfect Fit.  If you’re ready to start expanding your family, it can be difficult to find a home that accommodates all its members and their needs. Regardless of the size of your family, building a home means creating enough rooms with all the features your kids will love. Need a bigger yard? Want the kids to have their own bathroom? With a new home, you have the ability to have it all.
  • Money-Saving.  With Maplewood, building your own space can actually be less expensive than buying a home of the same size – especially in the long run. All your appliances and features will be brand new, so you won’t need to worry about repairs for quite some time. When you build, the money only goes where you want it to go. It makes sense. You save yourself from paying for a swimming pool when you’d rather have a finished basement. The combined customization and lack of upkeep makes a brand-new home a wise decision.

 

Retirees

  • A Final Place to Call Your Own.  If retirement is in the near future, building a house is a great opportunity to make your last home your best home. You can downsize while still owning something new, with the features you’ve always wanted plus the ability to add your personal touch. There are several floorplans to choose from and customizations we can provide. Starting from scratch allows you the time to create a structure that’s truly yours.
  • Care-Free.  Building a new home means low maintenance, so you can enjoy the things you love to do instead of worrying about repairs. You can also enjoy peace of mind knowing you won’t have any hidden costs or surprises that often come with an older home. In other words, building is easy on you and your budget!

Whether you’re first-time home buyers who didn’t realize you could afford to build, a growing family looking to move up from a starter home, or you’re retired and want to make one last move, Maplewood Homes can affordably build the house of your dreams! Take a look at our floorplans or available homes to see for yourself how you can open new doors.

Surprising Issues New Homebuyers May Not Expect

August 8, 2019 in Building Materials, Real Estate, Tips and Ideas

Sometimes, buying an existing home feels like the easier option. It’s move in ready, and buyers think they know what to expect. However, the devil lies in the details. Don’t find yourself paying thousands for renovations you never knew you needed. Watch out for these unexpected issues new homebuyers may miss.

Moisture  

If a home has seen many winters, there’s a chance that damage has accumulated. Water damage is costly and, if unprepared, can ruin your home in a matter of months. When examining a home, its paramount to ask about potential water damage.

Look for: A solid top and bottom. Most moisture problems come from the roof (poor drainage) or the foundation (no water-tight seal). At the top, look for a roof that is sloped to make room for proper drainage. For the foundation, ensure there’s a downward slope away from the home within the first six feet of the foundation. Make sure the water runs away from the house, not into it.

Settling

Regardless of the quality of your home, the original wood will shrink over time. Lumber straight out of the dealership will contain about 19% moisture. Over time, the wood will dry out about 9 or 10 percent. This shift in density is what causes settling.

Look for: A home warranty. All homes should cover settling under their warranty to repair any cracks or damage that can form within the first year of purchase. Shrinkage in not your fault, and it’s not the builder’s fault either. But as a buyer, you have the power to ensure your home is prepared. When viewing a home, note that no gap in the floor should be thicker than the width of a quarter.

Wiring

Upon inspection, some new homeowners think they need to change a lightbulb, only to find the outlet itself needs repair. Outlets can cost about $150 to fix, and even more to install new ones. Don’t let an old home leave you in the dark.

Look for: Working outlets. Check each room to see where the outlets are and test their functionality. Turn the lights on in multiple rooms to see how the circuit reacts. Don’t forget to check the outdoor lights.

Windows  

You may fall in love with a large Victorian window only to find it painted shut. A home should not only have functioning windows, but should have a solid foundation. Letting cool and hot air escape throughout the year is a money suck you don’t need.

Look for: Window quality. Don’t be afraid to roll up your sleeves to test out windows and other features in a home. Is the window double pane for insulation, or is it only a single pane? Can you feel air flow going in or out of your home? Ensuring window quality is a great way to save money or time.

With these tips in mind, you can go with confidence to buy a home that really lasts. Or, you can avoid surprises all together by considering building a home instead. If you’re interested in new construction browse our floorplans or visit our model home and see for yourself!

Contact Us Today! 616-206-2900