When searching for a home it can be difficult to find a property that ticks off all of your boxes. Many find homes in the right location but nothing that has enough space or the features they are looking for. The opposite is also often true, buyers find a home that suits their needs but just isn't in a convenient location. To get what you want in a home in a location that works for you, building your new home may be necessary. Custom homes offer a great opportunity for you to build the home of your dreams. Here's what you need to know.

Custom Homes Are Pricier

The first thing that you should know when it comes to custom homes is that they tend to be pricier than their already built counterparts. With a custom home, you can choose the finishes and the floor plan you desire. This often means a soaring budget if you are not careful. Discussing your budget with your custom home builder is a must. Custom homes typically range in price between $100 and $400 per square foot. You can expect to spend between five and 15 percent of your budget on the design of your home.

Construction Takes Time

Another thing to be aware of if you are planning on building a custom home is that construction takes time. Your custom home builder will be able to give you an estimate of how long it will take for your new home to be built and move-in ready. Since these homes are built from the ground up it can take time. How long it takes will depend on the size of your home and also the features being put into place. Custom homes are typically constructed within 10 and 16 months.

The Design Is Key

While having control over what goes into your home may sound like a dream, it can be overwhelming. Chances are you will need help with the design of your new home. Your custom home builder will be able to bring your dream home to life, but it's up to you to make sure that you are making the right decisions. You will want to think about your needs and wants when it comes to the design process.

Custom homes are a great option for those who are having trouble finding exactly what they want in their local real estate market. However, there are a few things to be aware of. Contact local custom home builders to get started.