How to Build a Home in the Location You Want

Jan 1, 2024

Finding the perfect home can be a massive challenge, but finding the perfect location too? That can seem nearly impossible… You might find a beautiful house that checks off everything on your list, but it's in the wrong neighborhood. Or, you finally find that perfect neighborhood, only to realize the houses don't quite meet your expectations. So what do you do? 

Overstreet Builders offers a "Build on Your Lot" program, allowing you to build your dream home in any Chicago suburb location you like! No more compromising on location or settling for a home that doesn't quite fit your needs. With Overstreet Builders, you can have both. Here's how to build a home on your lot with the best custom home builder near Chicago.

Understanding the Offsite Building Process

The journey to build your dream home begins with finding land in the Chicago suburbs. You've got options: 

  • Scour the listings yourself.
  • Work with a real estate agent.
  • Or tap into the expertise of Overstreet Builders' team.

Working with us means partnering with someone who understands every detail of finding buildable offsite land and building on your lot. Going solo or with a regular agent might leave you in the dark about the nuances of buildable land and the construction process. But we can either show you lots we recommend orvisit your chosen site and assess its potential.

We'll also guide you through setting up utilities, zoning considerations, and other vital construction details. 

Your dream home in your dream location awaits, but it's crucialto navigate these initial steps with insight and strategy.

Setting Your Budget

Crafting your dream home starts with a smart budget strategy. First, understand your financial landscape – know your credit score, income, and any existing commitments. This clarity helps you gauge what you can comfortably afford. 

Then, think about your building approach. 

Whether it's hiring a professional builder like Overstreet Builders, collaborating with contractors, or bravely being your own builder, each choice has its unique impact on your budget. 

The perfect plot isn't just about the view; it’s about making sure it's ready for building, from zoning to utility access. And costs can add up quickly if you haven't considered them in your budget. 

Finally, keep an eye on those must-haves versus nice-to-haves, balancing your dream features within your financial reality. 

Overstreet Builders is here to guide you through these critical choices, ensuring your dream home doesn’t just match your vision, but also your wallet.

Timeline for Building Your Custom Home

Whether you're juggling lease terms or planning to sell your current home, your timeline matters. 

Finding that perfect plot is the first piece of the puzzle, and that's a process that could range from a swift week to a six-month quest. Negotiating and closing on your land might take another 1-2 months, considering due diligence and buildability assessments.

Once you've locked in your property, we dive into land prep and design choices. Contract discussions, amenity selections, and permit applications form the next stage.

While timelines vary, especially with city permit processes ranging from 3 weeks to over 3 months, we keep things moving with a 12-week selection process.

The actual construction, weather permitting, is a sprint of efficiency! Most homes are up within 7-8 months, ensuring your dream home is a reality in no time. 

Why Choose Overstreet Builders

Selecting Overstreet Builders means partnering with a team that's not just building houses, but crafting homes. With over 60 years as a family-operated home builder in Chicago's suburbs, we've developed an approach that's all about you – from finding land to the first design sketch and the final nail… 

Whether we're building on your lot or in one of our Signature Neighborhoods, we stand firm behind our work with consistent warranties and stellar customer service.

If you're interested in building a luxury home in the Chicago suburbs, we're here to help you make that dream a reality. Contact us today to start the process of building your custom home in the location you've always wanted!