For most of us, the attraction of building a dream home on a lot that we ourselves have selected is undeniable. We like to visualize that perfect home in the perfect place – the scenery, the drive to work or schools, and the exclusivity of not having the same cookie-cutter plans as your neighbor. Since the beginning of the COVID pandemic in 2020, the country has seen a dramatic increase in buyers choosing to build a new home on their own land and/or outside of an established new home subdivision.
People often start their new home journey with two major options: building on their own lot or an already set lot in a popular community. When you speak to those homeowners who have built on their own lots, they will tell you that although likened to starting with a blank canvas, selecting your favorite piece of land and then building on it a home that’s in harmony with your style is many times more fulfilling.
Some places can be very beautiful, but it’s not just the beauty that’s attractive; building on your own lot has a number of advantages. Petros Homes holds the honor of building over 5000 homes that has earned us the reputation of having superior support systems that compliment the offsite new home building process.
Flexibility, creativity and customization possibilities
When you buy your own lot, the only limit you have to building your dream home is just your imagination and of course your budget – as long as the lot is free of zoning restrictions or lacks the proper building conditions. Should you want to be surrounded by a forest of trees, go for it. Should you want to live off the grid, that’s fine too! But before you start picking out paint or the perfect appliance package, consider looking carefully at a builders background and choose the company that is a proven leader that can get this specialized form of homebuilding done right. Currently, Petros Homes has seven offsite/build on your own lot custom homes under contract. We can help you evaluate if the lot you own or are considering purchasing is conducive for your custom home build. As an integral part of the local land bank network, we also have access to off market lots in desirable subdivisions in our area.
There are many things to consider when choosing the location to build your new home such as:
- How far are you willing to be from your place of work?
- How close are schools and other family members?
- How isolated do you want your home to be?
- How much land do you want your new home to reside upon
- Will there be any additional costs to ensure the ability to build on the property or prepare the site properly?
Choosing your own lot allows you to put your imagination to work and customize without many limitations.
No restrictions on your build
If you don’t build on your own lot, you along with 63 million other Americans run the possibility of being a member of a master planned community. While in many cases the HOA rules can be a good thing and insure that the architectural theme remains consistent, and what is built supports and maintains the overall home values within the community, a person who owns and ultimately builds on a one-off lot usually enjoys the freedom of not having to comply with established rules such as:
- Minimum square footage
- Percentage of natural materials used on the home elevations
- Exterior color and style limitations
- Set amount of plan designs
Having an open map from the start affords the buyer the freedom to navigate the process at their own pace and allows for flexibility when trying to build their dream home on their own lot.
Large open spaces
Choosing your own lot for your dream home is an opportunity to choose the size of the lot you want. Most of us feel proud with the interior of our homes, but just because you got hold of a large piece of land does not necessarily mean that you increase the size of the home to take up all of the lot space. It can also be refreshing to step out of your house and spend some time outdoors. The increased demand for off-site housing has been fueled by buyer demands for social distancing, spending more time outdoors with family and friends and the move to a permanent “work and learn from home” environment.
With a bit of planning and landscaping, you can make your outdoor space both comfortable and as inviting as the interior.
Some of the popular design trends related to great outdoor living include:
- Multi level outdoor spaces
- Outdoor kitchens
- Water falls
- Covered patios and screened in porches
- Outdoor entertainment
- Garden spaces
- LIVE/WORK/PLAY buildings on their property
More flexibility to add additional buildings
Building on your own lot gives you the freedom to not only avoid HOA restrictions but to also get a space big enough for the home you want to put up, as well as additions you may want in the future. So if you want to create a guesthouse for your in-laws, a detached work from home office, studio or creative space or a garage large enough for your car-collecting hobby, you can always expand.
You should be able to do what you want on your land including extending your dream home to fit your life down the road. Therefore, choose that lot that you know will give you all the freedom you desire.
Build on a Blank Canvas
The most important thing to remember is to be well prepared when beginning a custom build on your own lot, because there are a lot of variables to consider prior to buying. Before breaking ground, consult a trusted homebuilder early enough in the process to help you from start to finish.
Choosing to involve your builder early enough could save you a lot of time and resources. As happens with some people, your dream home vision may cloud your judgment and you may fail to see the problems with a particular lot right away. Apart from helping you determine the best lot that fits just what you want, a builder will often advise you on whether you should even build in a particular area to begin with.
There’s a lot that goes into choosing the right builder for the job. However, some qualities to consider are:
- Visible experience and reputation
- Transparency and honesty
- Creativity and in house architectural team
- A well respected in house design and selection studio
- A home builder who can work within your budget
- A home builder who offers you variety
- A well established and long term relationship with quality trades and suppliers
- Buying power to negotiate best pricing on labor and materials
- Good relationships with preferred lenders who can secure the best construction loan rates for the buyer
Petros Homes has over three decades of proven homebuilding excellence and has earned a reputation for building homes of distinction in memorable neighborhoods and locations across Northeast Ohio. For more information on their offsite/build-on-your-own-lot program call 216-870-9025 or visit our build on your own lot page.