If you’re thinking of building a kit home, it’s important to consider your financing options. You need to ensure that you have the money to pay for the kit home and to complete the construction required for the project. There are loans available for owner-builders or those using a licensed builder to construct their home.
Here’s a guide to help you choose the right lender and loan for financing your kit home:
Big banks vs. small banks
Big banks don’t often lend money to owner-builders because they see them as high risk. According to statistics, most owner-builders change their plans and fail to complete their project on time and within budget, which is a big loss for the banks. If you’re a licensed builder, you’ll be seen as lower risk and have a higher chance of getting a loan.
Whether you’re building a new home or renovating, it’s important to incorporate energy-efficient features into the design of the home. This can help you save a considerable amount of money on your heating and cooling costs in the long run.
Under the Building Code of Australia, new homes and renovations need to meet the minimum level of energy efficiency before they can be occupied. You can visit the online BASIX (Building Sustainability Index) system to calculate if your home complies with minimum energy and water requirements. However, there are builders who now offer 8-star energy-efficient homes. This will add 3.6% to the total cost of your home, but it can save you over 40% in energy costs. Furthermore, you’ll be able to live more comfortably in a home that’s warm in winter and cool in summer.
Kit homes have seen a rise in popularity in recent years due to their stylish designs, energy-efficiency and affordability. In addition, kit homes allow homeowners to take part in their property’s construction, which can be a satisfying experience for many.
A kit home is designed and partially manufactured off site and then all the materials are delivered by truck to the construction site for assembly. Some kits have parts that will need to be cut and trimmed on site.
When it comes to selecting a builder for your property project, it’s important to find someone you trust. But if this is your first home, first renovation project or first investment, how do you know who you can trust and who you can’t?
According to Property Observer, it’s all in the homework.
According to the Ottawa Citizen, preparation is the key to small living and with careful planning, even the tiniest of spaces can work with your lifestyle. Ways to make the most of your space include:
If you are looking for a material that is sustainable, affordable and above all stylish, it’s hard to go past bamboo. Bamboo is a fast-growing perennial grass, a natural resource that’s ideal for creating structure in the home that’s sensitive to the environment. It can be used for a range of decor, including headboards, chairs, mirrors and tables through to bedding, towels and cushions. For many though, it’s in flooring where bamboo truly excels.
According to the Charlotte Observer, bamboo is one of the most affordable green flooring options. You can expect to pay a similar price to that you would for any hardwood, even with its eco-friendly qualities.
Once upon a time, a dining room gave a sense of opulence to a home and was a must for many homeowners. The dining room saw family dinners, important discussions and grand dinner parties with extravagant centrepieces. These days, however, a dining room is no longer an essential part of a home’s design.
According to the Wall Street Journal, more and more families eat at the kitchen island, table or in front of the TV, and the dining room has become the least used room in the house. As a result, many dining rooms are being turned into dens, libraries and “living pavilions” where the occasional dinner is served.
Colour has its place in the home and can give great insight into the kind of person who lives there and what their life represents. Colour can also help influence a person’s mood, as a red wall may get the blood flowing and increase the heart rate while a green room can instantly soothe you. But does colour have a place in the bathroom?
According to many experts, no it doesn’t.
Bold colours tend to advance upon a room, drawing it in to feel closed and small. When you are trying to wash away your stresses and relax, you want the space to feel as open as possible. This is not the only reason, however. Other benefits of neutral colours in a bathroom include:
The best way to review your curb appeal is to stand in front of your home as if you are seeing it for the first time. Take a look at the surroundings and make note of any changes that should be made. Your home’s front should:
Be free from clutter - Using your front lawn or porch to store kids toys, tools and sporting equipment will make your home look like a cluttered mess. Pack things away neatly in the garden shed and ensure hoses and hose reels are put away.
There are so many styles of wallpaper available now that choosing the perfect roll for your room can seem an impossible task.