One of the first questions asked by new and potential homebuyers is “How long will it take to build a new home?”
The answer starts with the question: “Are you paying cash or will you be using our construction-financing loan package?” If the answer is cash, we can get started right away. If the answer is loan, this progresses as quickly as the buyer can get all of the information to the lender. Typically this process takes about 60 days to finalize.
Once the financing is agreed upon and processed, then the buyer and sales agent go over all of the options and upgrades for their new home. After all options are selected by the homebuyer the sales agent will do a start package with them. (A start package includes a hard copy document of all the options the buyer has selected. This package goes directly to the superintendent and is used to build the house.) After that is completed, a Brookfield Construction Superintendent will have a pre-construction meeting with the homebuyer, either in person or over the phone, to completely review and verify all home choices.
Now the new home package is ready for our architect. Our homes are semi-custom and our architect draws each new home specific to what our buyer wants. Next, we are ready for our superintendent to take the drawings to the city building department. The permits are issued through the city and generally take up to 60 days to obtain. Once this is obtained, we are finally ready to start digging! The construction part of the new home build takes about three months until move-in.
The entire new home process takes generally about 4 1/2 months from start to finish when loans are involved, or about 4 months with cash payments.
We hope this gives you a good understanding of the length of time for new homes to be built and the steps along the way. For more information on our building process or to make an appointment to come out for a visit please contact our sales office at your convenience.