Having a custom-designed home in today’s challenging economy can feel overwhelming. Changing market trends and modern design approaches explain how daunting it could be to consider adopting a contemporary interior design solution. But here’s the good news, every challenge brings unique opportunities. By embracing modern living combined with a smart approach, you can start creating an ideal home that perfectly suits your family, needs and lifestyle. Before embarking on the thrilling journey of engaging an interior designer to design your dream custom home, it’s essential to understand the process and have a plan that allows you to tackle the custom home journey with ease (check out our step-by-step guide to building a custom home).

So, Why Invest in a Custom Home Design?

1. Getting it Right From the Start:

In summary, building a custom home can be more cost-effective than an extensive renovation. As material costs continue to rise, building a custom home often proves to be more efficient and cost-effective than renovating an existing property. Purchasing construction materials in bulk typically results in better bundle pricing, and currently, prices for essential materials like lumber and steel have decreased slightly. Opting to build from scratch allows you to design your home exactly as you envision it, without the complications of retrofitting existing systems such as HVAC, plumbing, and structural elements. Addressing these pre-existing issues during renovation can significantly increase costs.

Building a custom home not only provides you with a tailored layout but also enables you to save on material expenses without compromising on quality or your aesthetic vision. Now is an ideal time to explore custom home construction and achieve your dream space efficiently.

2. More Competitive Labor Market

In modern times, when the economy is growing slower, the demand for skilled labor often decreases. This makes it easier to hire top professionals. With fewer large-scale projects underway, highly skilled workers and contractors are more available and often willing to negotiate better rates. This competitive labor market allows you to hire the best talent at more affordable prices, ensuring that your custom home is built with exceptional craftsmanship without breaking the bank. More skilled designers bring out more astonishing designs that set the mood in your custom home.

3. Seamless Interior Design and Construction Coordination

A registered interior designer like Sansa Interiors, will help you navigate every single step during your custom home journey. It is so important to engage an interior designer from day one to handle every detail for you, from high-end interior design to working with architects and engineers, to obtaining permits and helping you choose every single finish and fixture, from coordinating all design-build aspects with the chosen home builder/ general contractor. We only work with certified and insured home builders that deliver quality build. Our process is all about providing you with seamless interior design and construction process to save you time, money, headaches and allow you to focus on your life while we handle all aspects for you.

4. Customize Spaces As You Please

Building a custom home makes it easy to build structures that correspond to your lifestyle. Some elements can be included in the house like home gyms, saunas, home offices, walkout basements, pools and an open concept with secret rooms. The adaptability of the home guarantees that your home is not only suitable for the changes that your family goes through at present but in the future as well. We take into consideration the site and provide you with space planning and layouts that can serve you for life.

5. Increase in Property Value

Construction or designing a home from scratch is one of the best ways to make your investment profitable over a period of time. However most custom homes that we design at Sansa Interiors are for clients who want a forever home and so we provide quality finishes and custom millwork and details to make this truly a home that stands the test of time. In general, purchasing a property and building on it will increase the property value right away. During a slower economy, clients are able to find really great properties to build on and for a competitive price.

6. Energy Efficiency

We love an energy efficient home, and maximizing usage of systems if and when possible. Purchasing land and putting up a home for yourself enables you to ensure that the home has all the latest technologies such as solar panels, weather proofed cladding, insulated windows, smart electrical and security systems. These improvements assist you lessen the usage of electricity, resulting in more economical operating costs.

7. More Financing Option

Conditions in the existing market have forced the enhancement of funding solutions for the purchase of the homes. While the available interest rates from various lending companies are a bit higher than during the pandemic, many construction companies are offering payment plans and financing that are quite appealing. Interest rates are coming back down, making it a bit more easier to sustain monthly payments and get loans from financial institutions.

8. Government Incentives

Currently in Ontario there is a housing rebate for owner-built houses, the rebate is limited to a maximum of $24,000 if you paid the HST on the purchase of the land, and $16,080 if you did not. While it is not a huge rebate, it still is super helpful to homeowners. We have consultants that can help you with your HST rebate that would handle all the applications for you.

Looking for a Custom Home Interior Designer in Toronto?

Are you looking to design and build the home of your dreams? We can help! Our team serves Toronto, Etobicoke, Mississauga, and the rest of the Greater Toronto Area.

Contact us via our website to find out more about how interior design can make a huge impact in your custom home.