If you recently purchased a parcel of land in the South Carolina Lowcountry, then congratulations on making a very wise decision! Still, whether you are building a home for the first time or have experience in this department, the process can be complicated, daunting, and is likely to leave you wondering, “What’s next?” Read on to learn what you need to know before you build on your own lot in Charleston, SC. And, if you are still searching for your piece of paradise in the South Carolina Lowcountry, sign up for our free Kiawah Island and Seabrook Island real estate listing alerts. Submit your criteria, and we will notify you of any listings that match your budget and location preferences.
What You Need to Know Before You Build on Your Own Lot in Charleston, SC
1. Find the Perfect Lot
When you choose to build on your own lot in Charleston, you’re perfectly positioned to take advantage of the growing interest in this stunning region. You can opt to live in your new home and let the value increase over time, sell it for an immediate return on your expenditure, or rent it as a vacation property to offset costs while you live elsewhere. As you move forward in this journey, remember to keep your end goal in mind! This will help you greatly when it comes to selecting your new home’s location.
2. Building Regulations
Before you build on your own land, make sure you’re informed of any regulations, zoning restrictions, and permits needed to begin construction. You’ll also want to know whether utilities are already installed on the lot, and how the topography of the land could affect your final design. If there is a Homeowners’ Association (HOA) in the neighborhood where you purchased, familiarize yourself with its rules as well.
3. The Home Design and Building Process
There are a few options for designing and raising your home. The first is to use a build-on-your-lot builder. Usually, these businesses allow you to make limited changes to one of their standard floor plans. You can also use a design-build firm, also called a custom home builder. Custom home builders in Charleston, SC, help you design your home from a blank slate, based on your unique concept. They use an in-house or contract architect with whom they are comfortable. The final choice is to hire your own architect and building firms separately. If you choose this method, make sure they work well together for the total cost to meet your budget.
When you are in the design phase, think about the lifestyle functionality you want to have in the home, as well as the aesthetic beauty. Charleston has some excellent contractors that can work with your builders and designers to complete your vision. If you won’t be the primary occupant of the home, reflect on what a buyer or renter will find desirable.
Expect the entire journey to take at least four to six months when you build on your own lot. Traditionally, the more you customize your home’s design, the longer it will take. If you have a strict time frame for moving into or otherwise using your home, discuss this with your designers and builders before you begin.
Get First-Class Service With Pam Harrington Exclusives
Building on your own lot in Charleston, SC, is no small feat. It can be hard work, but it’s well worth it to enjoy the home of your dreams. It can also be a shrewd business decision, especially if you work with the right realtor when the project is complete. Whether you prefer to rent or sell, Pam Harrington Exclusives offers the high-quality service you need.
With the right resources, contractors, and information at hand, your beautiful Charleston home may be complete sooner than you think! When you construct an investment property on Kiawah Island, Seabrook Island, Johns Island, or Wadmalaw Island, we can help you maximize your investment. Our first-tier professionalism and years of experience selling and renting in Charleston’s most sought-after locations will make your job easier when your new home is ready!
If you have any questions about the home building process, contact us today. We look forward to assisting you throughout this journey!