Blog

Debunking the Myths of Custom Homes for Small Business Owners

Author: Tina Martin with Ideaspired.com

To start a new business is an exciting adventure. To move into your dream home equipped with a home office can be an even better one. As you embark on the journey to run your own business from a custom-built home, don’t buy into these myths about custom-designed homes. Today, I’ll be debunking the myths of custom homes for small business owners.

Myth 1: Custom Homes Take a Long Time To Build

There are several steps to build your dream home. The first stage is the design phase, then pre-construction and finally the construction phase. The build itself doesn’t necessarily take longer than any other home build, but the design phase can drag if you are indecisive.

Did you know that reports show that more than 30% of executives spend most of their time making decisions? As a business owner yourself, you probably already know how critical it is to make decisions as quickly as possible. Apply that knowledge to your home to get to the building stage faster.

Myth 2: Custom Homes Aren’t Affordable

Building a custom home doesn’t necessarily translate to building an expensive home. Like other home options, custom homes vary in price. On the lower end, Fixr notes someone may spend only $140,000 on a custom design, whereas others may spend $700,000 or more.

Your home is your investment, not only for your family but for your home business. Think about the features that are most important to you and your work, and do some sketching. How many rooms do you need? How big of an office space is necessary for you to work productively? Do you need a separate entrance to your office? Your decisions will impact the price.

When designing, it’s easy to get carried away. Remember when you select your interior that your budget could escalate. But the good news is that by working with American Housing Builders, we’ll help you design the home of your dreams while staying within your budget.

Myth 3: Architecture Knowledge Is Necessary

You don’t have to be an architect to custom design your home. Rely on your builder to understand design and architecture. It helps to know what styles you like so you can offer educated input, but you don’t need to be an expert.

Instead, focus on the design elements that your business and your family require. Don’t forget about storage. Not only will your home office need plenty of storage space, but your family could benefit from built-in options as well. Separate what you need from what you want, but be sure that your design fits your personality, your family and your comfort level.

Myth 4: Financing Is Unavailable for Custom Builds

Your financing options depend on your income, credit score and payment history. Those with a low debt-to-income ratio, high credit score and income to back up the cost of the build are more likely to receive a loan for a custom home.

During the construction of your home, the builder will have to draw from the loan to continue work on the project. In this regard, a construction loan makes more sense than a traditional mortgage. Construction loans are short-term loans. In addition to the normal details you have to provide for a mortgage, you may also have to provide details about your build. Once the house is complete, you can change your loan to a mortgage.

If you’re starting a new business, remember to consider business structure to further help with financing. While many business owners choose a sole proprietorship at first, this doesn’t offer the same tax incentives as a limited liability company. By choosing the LLC route, you’ll also keep personal assets separated from business liabilities.

Investing in a custom home design is a big move for anyone. Unfortunately, many people shy away from custom builds, assuming that they are too expensive, that they won’t be able to get financing or that it will take too long. Once you dispel the myths, custom-designed homes become more attainable. For a stress-free experience with custom-building the home of your dreams, contact American Housing Builders today.

Empty Nesters’ Guide to a Seamless Relocation: Your Path to a Brighter Future

Photo by Freepik

As empty nesters, the decision to relocate closer to your children marks a new and exciting chapter in life. While this transition is filled with potential, it also comes with its own set of considerations. Understanding the benefits and challenges is essential for a seamless move. This guide from American Housing Builders will walk you through the crucial steps to ensure a smooth transition, enrich your family connections, and bring new joy to your life.

Understand the Advantages of Proximity

The decision to move closer to your children brings a wealth of benefits. It strengthens family bonds, allows for more spontaneous visits, and enables you to play an active role in your grandchildren’s lives. Beyond the joy of family, this move can offer emotional support and a sense of belonging, significantly enhancing your quality of life.

Downsize Your Stuff

Preparing to move closer to your children involves a crucial step: decluttering and downsizing your belongings. Start by assessing your possessions and deciding what truly matters to you. Let go of items that no longer serve a purpose or hold sentimental value through donation, sale, or passing them down to others. Downsizing not only simplifies the moving process but also creates a more manageable living space. By embracing this opportunity to streamline your life, you can focus on what truly matters and approach your new chapter with a sense of freedom and clarity.

Scout Out Potential Neighborhoods

It’s essential to thoroughly research and assess potential neighborhoods to find the one that best suits your lifestyle and requirements. Begin by examining different areas of town and weighing factors like safety, accessibility, and community atmosphere. Take into account amenities that are vital to your daily life, such as proximity to grocery stores, healthcare facilities, and fitness options. Engaging with the local community and seeking advice from your children who already reside in the area can provide valuable insights.

Navigate the Sale of Your Current Home

Selling your home is a significant step in this journey. To optimize the process, delve into understanding your local real estate market. Choosing a trustworthy real estate agent can provide valuable insights and assistance. Preparing your home for sale, from minor repairs to staging, is crucial to attract potential buyers and maximize your home’s market value.

Build Your Ideal Home

Consider the possibility of building a new home. This path allows you to tailor your living space to your specific needs and desires. Personalizing your new home can ensure that your new environment aligns perfectly with your lifestyle now and into the future. Additionally, you can incorporate modern, energy-efficient materials and technologies, supporting both environmental sustainability and long-term cost savings. To find out more about building your dream retirement home, connect with American Housing Builders today!

Secure Your Investment with a Home Warranty

To safeguard your new investment, consider purchasing a home warranty. Homeowners insurance primarily covers damage to your home’s structure, theft of belongings, and injuries on your property. However, if you want coverage in case home systems or appliances break down, a home warranty is essential. It provides peace of mind against unexpected repair and maintenance costs and streamlines the process of locating trustworthy service providers for any necessary repairs.

Streamline the Moving Process

A well-planned move can significantly reduce stress. Develop a comprehensive moving checklist, covering every detail from packing to transportation. Employing professional movers can ensure efficiency and safety. Involving family members in the process can also make the experience more enjoyable and less daunting. Remember to prioritize items that need special handling, such as heirlooms or fragile goods.

Plan for the Unexpected

Relocation can often bring unforeseen costs. Establishing a contingency fund is a prudent measure to manage unexpected expenses smoothly. This foresight helps maintain financial stability and peace of mind during the transition. It’s also wise to research local resources and services in your new community for emergencies.

Relocating closer to your children is a journey filled with opportunities and challenges. By considering these vital aspects, you can ensure a move that is not only successful but also enriches your life and family relationships. Embrace this new chapter confidently, knowing you are prepared for a fulfilling future close to your loved ones.

American Housing Builders Blog

Welcome to American Housing Builders Blog! We’ll keep you up to date with the latest construction news from Pinellas County and the Country. We’ll also give you all kinds of useful information if you’re buying a new home or you’re interested in building a new home.

We offer both options; we’ll build your plan or one of our beautiful custom floor plans.

We’ll build on your lot or you can select from one of our great building lots in Pinellas or Hillsborough Counties. Thanks for stopping by, we look forward to hearing from you. 

New homes in St. Petersburg are more popular than used homes. The main reason according to Neilson is that the new home buyers want the freedom of choosing where and what their new home will look like. They also want the new Green money and energy saving options that new homes offer. They also want to choose where they live.

When you buy an American Housing Builders new home our experienced designers will help guide you all the way so you get exactly what you want.

Choosing your finishes is whether it’s marble or tile floors, kitchen cabinets, granite counter-tops or gold faucets, we’ll build your exactly the way you want it finished. When you buy a used home there is always a list of sacrifices you’ll have to live with, but not with a new home built to your specifications.

American Housing Builders new homes are constructed with best and the newest materials and you made the choice, so you know you’re getting the most out of your home.

This has never been truer especially when it comes to the new advancements in energy efficient homes and we have set higher standards and exceeded the newest requirements in the home building industry.

New home buyers can now choose from a choice of green features like high-pressure, low-flow shower heads and faucets, dual-flush toilets and front loading washing machines which reduce both water and energy consumption

No matter what your needs, we can build the home of your dreams… add a media or pet room to your plan. We build your idea or one of ours and on your lot or ours. We have beautiful lots available all over Pinellas County for you to choose from or we’ll build your plan or ours and we can customize your home all the way.

You can have Control over all options American Housing Builders gives you control customizing your new home. You’ll feel more connected to your new home than a resale home where you’ve made concessions. .

You benefit from Green Appliances the amount of money you save from having more energy-efficient appliances in your home will make owning your new home much easier.

New Home Incentives we always offer great incentives that will save you money and give you exactly what you want. Give us a call we’ll have some great incentives that will make living in your new home much more enjoyable.

New Home Financing American Housing Builders will introduce you to our preferred lenders for new homes, that we’ve developed great working relationships with. This will save you money!

As always thanks for stopping by American Housing Builders. We know you can choose any builder you like, but before you do let us show you why you’ll want to choose us. Thanks again…

We are located at 7195 66thStreet North, Pinellas Park, FL 33781 and you can contact us for more information by emailing us at info@amhousing.com or calling us at 727-546-6611.