Custom Home Financial Process
Ocean Home’s In-House Financing Solution
You may pay as little as 20~35% downpayment to be qualified for a custom home construction loan exclusively when you work with Ocean Home
Ocean Home helped numerous clients to finance their custom home builds in the past. We provide in-house financing solutions to our exclusive custom home clients. If you have 20%-35% funds ready to put towards as downpayment, we can assist you with the rest of financing steps.
Being one of the industry leaders in Calgary, Ocean Home provides realistic construction budget and timeline to make sure your financing process is successful.
Building a beautiful home exactly the way you’ve dreamed is a goal to which many aspire.
The infill market in Calgary gives you a lot of options in acquiring land, but everything depends on what you want and how much of it you want. We’ll work with you to come up with a budget that fits your needs and then incorporate your wants, including materials, size, features and style.
But questions about the cost to build a custom home can make it difficult to know where to start. The following three areas encompass the many factors that determine custom build house costs.
1. Where You Build
When evaluating property values and lot prices, location is not the single determining factor. There is much more to deciding where to build than lakeside views and trendy neighborhoods.
🔎Location and other factors
When you build on your lot around Calgary, prices will be impacted by the following factors:
Municipal or county building permits
Impact fees
Surveying costs
Lot improvements like drainage systems and utility hookups
Clearing trees, brush and boulders
Foundation digging and preparation
Driveway access and road construction
2. What You Build
As you plan for the dream house, you may not realize which features are standard and which will add significant costs to your project. The level of customization, style, size, and extra features will impact your custom-built house cost.
🔎 Level of Customization
The more specialized your home design, the more cost there will be to plan and build your home. Part of this additional cost will come from working with an architect to design the custom rooms or other buildings on your property. If the planning or building process requires a structural engineer, this will also add costs.
🔎 Size
The greater the square footage of your home, the higher the cost. This is due to both the price for additional building materials and the labor costs and production time for a bigger project.
🔎 House Style
The type of house you build will also affect the cost of your home. Usually, the more special design elements or ornamentation a house style has, the higher the cost will be.
The following list of house styles is ranked from lowest cost to highest:
Ranch
Modern farmhouse
Farmhouse
Spanish hacienda
Mediterranean
Contemporary
Traditional
French
The actual cost of building in a certain style will of course depend on the type of building plan you choose. For instance, a small French country home may end up with a smaller budget than a sprawling Texas ranch house.
🔎 Extra Features
When you customize your property just the way you want it, some elements will likely add to your building costs. The following extra features increase your final price:
Window walls
Swimming pool
Spa
Patio
Outdoor kitchenette
In-law suite
Landscaped courtyard or backyard
Though these elements add to the cost, they also add to your enjoyment of the space. When it comes time to sell, they may also add to your property’s value.
3. How You Build
From your home’s foundation to its roof, the materials you build with will have an impact on the final price tag. And fixtures and finishes are not your only considerations; durability, sustainability, and energy efficiency are also factors to consider as you choose what will go into making your dream home a place you can enjoy for years.
🔎 Luxury
Though quartz countertops, a top-of-the-line stove and hardwood floors add to the final cost to build a luxury house, they can also make it the long-lasting oasis that you have always wanted. These elements will also be part of what makes your property desirable to a future buyer.
🔎 Durability
When choosing building materials for your home, it’s important to look for options that will give your home lasting power.
🔎Sustainability and Energy Efficiency
Many homebuyers choose to use sustainable building materials and practices to reduce their impact on the environment. Green building options may include:
Rainwater collection
Geothermal systems
Solar panels
Wind energy
Choosing HVAC systems and home appliances with an Energy Star rating can help your home conserve energy. Your choice of insulation and other building materials can also help keep your home efficient.
Though some options may add to the custom home construction cost initially, the long-term reduction of utility bills and added peace of mind making them a valuable option.
Client Consulting Session
At Ocean Home, we work with our clients to craft custom homes in Calgary and the surrounding areas that fit within their budgets. We also provide in-house financing solutions to exclusive ocean home clients.
Contact us today about starting on the path to your dream home.
☎️ +1 (403) 970-6919
📩 info@oceanhomecalgary.ca
Join us for a “complimentary consulting session” and we are prepared to cover
Financial consulting and lender options, pas as little as 20%-35% as downpayment to be qualified for a custom home construction loan
Site, discovery and land analysis and development
Land preparation and site analysis: electric, natural gas and septic solutions
Architect solutions and vendor contracting
Interior designer opportunities
Preparation of a budget and timeline for development, construction and delivery