Craftsman Custom Home Builders, serving the Lynchburg & Smith Mountain Lake areas

  • Smith Mountain Lake
    66 Builder's Pride Dr
    Hardy, VA
    540-912-0112

  • Lynchburg
    22174 Timberlake Rd
    Lynchburg, VA
    434-266-1070

Resources - Craftsman Home Builders

Welcome to our home building tips section

We hear from customers that our free home building seminars are a valuable tool for gaining insight on the process of building a new custom home – something that can seem almost overwhelming in the beginning. And that due to busy schedules and the many commitments that we all have, we know it’s not always possible for everyone to attend who would like to. So starting now, we’ll be taking the most asked questions from our seminars and providing the answers right here on our website.

And of course, we’re always available to answer any questions you may have in general about the building process such as on building lots, site preparation, subdividing, permits, etc. Just email us or call us and we’ll do our best to get you the answer.

Articles

Building a shell home

A shell can be a great option for those wanting to build a custom home, who are able to take on responsibility for some of the interior work. This can reduce the initial cost considerably and allow the home to move towards completion on your own timeline.

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Cost saving tips for building and financing a custom home

Building & financing a custom home can be confusing even under the best economic conditions. Throw in rising rates, labor shortages & sustained supply chain challenges & the task grows in difficulty & cost. Thankfully, there are things you can do to help ensure a smooth process & a cost that is as economical as possible.

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Spring 2022 Homebuilding Update

As we enter the 2022 spring homebuilding season, we enter with significant uncertainty.  While new construction both locally and nationally has reached its highest level since 2006, challenges remain. If you’re looking to start building your home this year, there are several important factors that you should consider in that decision.

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How to choose a good building lot

Choosing the right building lot is one of the most important aspects of building a custom home and is something that can have a significant effect on your budget. This article will go over some of the key considerations for selecting a lot, some of the major risks and ways to mitigate them.

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Is it the right time to build a home?

October 11, 2021 - The truth is there's unlikely to be a better time than now in the near future. Even conservative economists agree that due to continued supply chain issues & high-demand for materials, the cost of building a new home is likely to continue to climb. The saving grace today is that mortgage rates remain historically low.

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How does my lot affect the price of my home?

Did you know that there are actually three parts that make up the final cost of a custom home? This is something new to many customers when they start the journey, so we’re going to break it down for you here.

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What style custom home gives the best square-foot price

As you begin that journey, it’s important to keep in mind that price per square foot alone isn’t going to serve as a very good guide in comparing home building costs. It can still be useful, but you’ll need to dig a bit deeper to understand what that cost represents with any specific builder.

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In plain English, how does construction financing really work?

When clients come into our offices they have all kinds of ideas on how construction financing works. Construction loans, permanent loans and single-closing construction-perm loans are all possible options. And while they all work the same during home construction, they vary greatly at the beginning and the end.

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Getting a price on a custom home plan

Often, by the time clients receive our brochure, they have already found a plan they’ve fallen in love with. Whether it’s something they found online, something they’ve had drawn, or a plan they’ve created themselves, we can usually figure a cost to build the home on their property.

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How does my land (or land I want to buy) affect my financing?

With regard to land, our customers tend to fall into one of three categories: those that already own property, those that that have purchased property but are still paying on it and finally those that are planning to purchase property as part of their entire custom home package.

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