Summer Building Season

The summer home building season is here!

You’ve been waiting all winter to start building your new Lockridge Home, in fact you can already picture yourself sitting on the front porch gazing out over your acres of land.  You’re ready to get started, you know which floor plan is perfect for you and your family, now what are the next steps to making it happen?

Land Survey  If your land hasn’t already been professionally surveyed, this is a very important step.  The survey will show you and your Lockridge builder the details of your property including setbacks, easements, wetlands, floodplains, boundaries, size and more important information about your land.  Let’s say you choose a home design that’s 72 feet wide, but your survey shows, that because of required easements, there’s only 70 feet of building space. You’ll need to look at another floor plan or maybe you and the builder can discuss another position of the house on your property.

Soil Test  It’s not glamorous, but it’s important!  Does your land have access to public water and sewer?  If not, you’ll need to get your soil tested for a private septic system and well.  Normally, the local County Department of Environmental Health issues the permit for a septic system and provides a list of approved soil testers, ( also known as a perc test).  It’s better to have this done before you fall in love with a floor plan because the results of your soil test determine the size and type of septic system you can install on your land.  This also determines how many bedrooms you can have in your home.  It’s better to know that your land “percs” for a 3 bedroom home before you get your heart set on a 4 bedroom design.

Budget  Having a homebuilding budget established early makes the homebuilding process a lot easier, and it sets your expectations before you launch into a floor plan search!  Knowing your price range allows you to look at all the home designs that fit your style and budget perfectly.

Lockridge makes it easy for you take these steps toward building your new home.  We give you the tools, links and information you need in your personal Lockridge Account!

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more. For more information visit our website or email us.

 

Our Standard Features

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For everyone who was on the edge of their seat waiting for the framing post – we’re taking a short break from all the construction stuff, to talk a little about the Standard Features of a Lockridge Home. We’ve had a lot of questions lately about what comes standard in our homes, we love hearing from you (collectively) and love answering questions! So here’s some information about what you’d get in a standard, no-options added, Lockridge home.

Let’s start with the absolute basics – does Lockridge build to code? Of course we do! So, on our current Standard Features list we didn’t think to include any of those things mandated by building code – for instance: termite treatment – but we do it, and you get it when you build a Lockridge home! We’re updating our Standard Features list right now to include everything we can think of that comes Standard (anything you don’t pay extra for) in a Lockridge home – and we’ll note the items that are required by code. A few of our Standard Features, like an electric range/stove, range hood, and dishwasher in your choice of black or white – are actually options with other on-your-own-lot builders. We install name-brand, high-quality appliances and HVAC units in every new home. We also install water-line/hook-ups for your refrigerator ice-makers and washer/dryers.

We’re the best value in custom on-you-own-land new home building. You’ll be able to see that in our Standard Features List, and in the price quotes you can immediately generate for any Lockridge home. We let you see the prices for every single upgrade and option. We also give you the estimate, plus a contingency (just in case fund) for your site work. You get it all, broken down, cost by cost. Not only that, you can revise/edit your price quotes as many times as you want. Delete or add options and upgrades as you look at your final price – you make the decision – its’ your dream home!

You don’t have to come into a model home to do this, or wait for a floor plan book to arrive at your house – simply create a Lockridge account from your computer – and do it at your own pace, whenever and wherever it’s convenient for you.

Lockridge is a custom home builder in Virginia, North Carolina, South Carolina, Tennessee, Georgia and Indiana (see all our Model Home Centers). We offer a full service website that allows you to choose floor plans, customize them, get prequalified for a mortgage, and more. For more information visit our website or call us at 877-852-8453.

Benefits of Building a New Lockridge Home

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For most people there comes a point in life when you have to decide if it’s better to rent or buy your home. We have some simple tips below to help you figure out which option, renting or buying, best fits your specific lifestyle, wants and needs.

Advantages of Owning a New Home

Equity – Every time you make a rent payment, it goes to your landlord. When you buy a new home, every time you make a payment toward your mortgage, you build equity. That means if you ever decide to sell your home, the more money you’ve paid off of your loan, the more money from the sale you get to keep. Also when you rent, you may end up owing money when you decide to leave the rental property if the landlord charges damage or cleaning fees! It’s better to pay yourself rather than your landlord.

Price Stability – Rent costs rise steadily every year by approximately 5%, meaning whatever you pay this year to rent, it will be 25% higher to rent in five years, 50% more in 10 years, and on and on. When you buy a new home, your mortgage payment will stay fairly the same for the entire term of loan. Whether it’s a 15 or 30 year mortgage, you know you’re going to pay the same as you do now – two or more decades down the road. That’s security! The New York Times offers a free calculator that shows estimated payments and interest and how long it will take for buying to cost less than renting.

Aesthetic Control – From the paint colors on the walls to the tile in your bathrooms, renting gives you very little say in how your home looks. You have to live with someone else’s design choices. When you build a new home, you get exactly what you want – and can change it up whenever you want, it’s your home ! Landlords generally expect their property to look exactly the same the day you move out, as the day you moved in – no improvements allowed.

Tax Benefits – There are tax benefits of home ownership! There are deductions for interest or property tax. You can’t deduct rent payments from income tax, only the landlord gets a tax deduction.

These are just some of the advantages of owning a new Lockridge home, not to mention pride of home ownership, putting down roots and having a place to call your own. At Lockridge we let you pick options for any, or as many, of our floor plans as your want. Then you can review a complete line-by-line price quote for the construction of your new home, including site work. We give you an estimated monthly mortgage payment based on 100% financing and the day’s current interest rate. Everything is on-line, for free, with no obligations. Visit our website and explore the dream of owning your own new home!

Lockridge is a custom home builder in Virginia, North Carolina, South Carolina, Tennessee, Georgia and Indiana (see all our Model Home Centers). We offer a full service website that allows you to choose floor plans, customize them, get prequalified for a mortgage, and more. For more information visit our website or call us at 877-852-8453.