Choosing to build a new home can be an effective option for first home buyers who want to get a foot onto the property ladder. Because it can be daunting trying to navigate the new build process for the first time, it’s helpful to have a heads up about what to expect. Like how long it should take, what to think about in terms of design, and how to find a builder. To help you get started, here are 5 things to consider when building a new home.

As your single largest investment, you’ll probably spend a great deal of time searching for or designing your perfect home. When house hunting, you’ll consider things like location, price, market trends, costs and the condition of the property. And you’ll probably have a list of things you absolutely have to have and those you’re prepared to forgo. Deciding whether to buy an existing home or build a new home is an important part of your decision. To help you make an informed choice, we’re taking a closer look at each option.