I recently inquired about the cost of constructing a custom home and I realized that it is cheaper to buy an existing home than to have one custom-built. Despite the cost, I am hoping to have my dream home constructed somewhere in the northwest area of Las Vegas.
Among the features that I want for my dream home are large yard, four bedrooms, three bathrooms, granite kitchen counter-tops with similar ones in the bath, an open floor plan layout. I would like plush carpets especially in rooms but I prefer tiles in the kitchen. A swimming pool would be nice too. I probably would get the Fishers Water Softener, considering the water quality here in Las Vegas.
Anyway, I recently saw a listing for a lot that I think is going to be a perfect spot for my dream home. It is almost 10,000 square feet big and I am already imagining my 2,500 square feet single story home in it. I am just in a dilemma because I do not know whether to buy the lot right away or apply for a construction loan first. I do not want to use up all my funds buying this lot but preparing all the stuff that will be needed for a construction loan will take some time.