Archive for the 'Investment' Category
By Marie-France Roger
Filed under: Blended Family House Plans, Budget, Building materials, Country Style Homes, Custom Home Design Services, Duplex, Extended family house designs, Home plans, Investment, Multi-family, Multi-family house plans, Multigenerational House Plans, Residential, Semi-detached homes, Townhouses, Triplex, bi-generation
For family reasons (keeping the family together without sacrificing independance) or for economical reasons, you might be thinking of investing in a multi-family construction and build a townhouse or a semi-detached homes, a duplex, a triplex, a multi-family building (4 or more units), or simply a home with a basement apartment with a separate entrance.
Below, I will share with you my favorite Drummond ready-to-build Duplex House Plan, Triplex House Plan, TownHouses (Semi-Detached Home Plan) and a House with a basement apartment. However, click on the link above to access the entire collections, depending on what you are looking for or directly on the house below to see my favorite multi-family picks! If you have something specific in mind or haven’t found the ideal multi-unit design yet, contact Drummond’s Custom Design Dpt. to get your FREE house plan cost estimate.
Drummond 4-units Multi-family plans no. 3006 which ia a Beautiful Country Style 4 unit residential building. Each unit has 2 bedrooms and 1 bathroom.
Drummond House Plans Duplex House Plans no. 4096 which is an Affordable Country Style Duplex with two nice 2 bedrooms 1 bathroom units.
Drummond House Plans Triplex House Plans no. 3029 which is Drummond’s most popular European / Traditional Style Triplex, with 2 bedrooms and 1 bathroom per unit.
Drummond House Plans Country Style Semi-detached House Plans no. 6014 is among our top-selling One-level Semi-Detached Floor Plans, with a one-car garage.
Drummond House Plans Houses with Basement Apartment Plan no. 2795B, which is the most charming 4-bedroom Country Style, plus a one-bedroom basement apartment! Interesting for young families and first-home buyers.
Read the rest of this entry (No Comments »)By Timbermart
Filed under: Builder, Building, Contractor, Dream, Home, House, Inspiration, Insulation, Investment, Reputation, Style, Warranty
You’ve thought about it and now you’re doing it, you’re building your own home. It is an exciting decision to make. Being able to choose, plan and live in a dream for many, but now you are making that vision come true.
Are you stepping down this path for the first time? Like anything, the process can be tricky and there are many important details to consider as you get started.
Style of your new home
Have you decided on a style of home yet? If you need inspiration, go to open houses or remember what you like about the design of you friends’ and neighbours’ homes. Make notes. If there is an interesting detail or feature, write it down so that it doesn’t get forgotten during the excitement of building.
Where you will build is very important too. If you already own the land you plan to build on, your opinions may be more open than if you are building in an established subdivision. Many subdivision developers have restrictions called “covenants” which may force you to build a house of a certain size or style. They may limit where you can choose to build your home, even what colour it is when finished. These covenants are in place to assure that all the homes in the area are worth about the same and this will protect the value of your investment in later years. Remember that this is an investment and even if this is your dream home, there may come a day that you will have to sell it. Protecting help ensure its value in later years.
What to consider
There are a lot of other things to consider about the location of your new home. Distance to shopping, schools and work have to be thought about.
Finding the right contractor is your next step. A new home is likely your biggest investment. Make sure you don’t rush into it. It’s always a good idea to get at least three bids and remember the old adage, “If it is too good to be true, it probably is”.
To ensure that both you and your builder are satisfied with the work, make sure the details are spelled out in a written contract. The time you spend at this stage will avoid any confusion later on.
With the internet and groups like your provincial Homebuilders Associations, reams of information is available to help your home. The Canada Mortgage and Housing Corporation also offers useful information including valuable question and answer sheets. Their website address is http://www.cmhc.ca.
Finding a good contractor
To find a good contractor, ask around. Ask family, friends and associates about who has a reputation for doing good work. Ask your contractor to supply the names of satisfied clients. If he can’t, look to another contractor.
Not offering a warranty on their services, poor workmanship and extra costs are all pitfalls on the path to feeling good about building you new home. Remember not every contractor plays by the rules. It is best, of course, to avoid these people.
The contractor will also be handling the scheduling of other trades such as electricians, insulation and drywall installers and any other specialists that may be required to complete the construction of your home.
Beyond choosing a good contractor, you will also need lawyer and a banker to handle legal matters and financing. Finally, remember that many home builders are more concerned about structural integrity and the attractiveness of your home from the outside. Remember that the interior should also be designed for practical concerns like – will all that furniture you already have fit? So if it’s not already clear, researching and planning before the first nail goes in is the key to making your new home a great castle to be enjoyed for years to come.






