Custom Home Financial Process

Ocean Home’s In-House Financing Solution

You may pay as little as 20~35% downpayment to be qualified for a custom home construction loan exclusively when you work with Ocean Home.

Ocean Home helped numerous clients to finance their custom home builds in the past. We provide in-house financing solutions to our exclusive custom home clients. If you have 20%-35% funds ready to put towards a down payment, we can assist you with the rest of the financing steps.

As one of the industry leaders in Calgary, Ocean Home provides realistic construction budgets and timelines to ensure your financing process is successful.

Building a beautiful home exactly the way you’ve dreamed is a goal to which many aspire.

The infill market in Calgary gives you a lot of options in acquiring land, but everything depends on what you want and how much of it you want. We’ll work with you to come up with a budget that fits your needs and then incorporate your wants, including materials, size, features and style.

But questions about the cost to build a custom home can make it difficult to know where to start. The following three areas encompass the many factors that determine custom build house costs.

Modern interior space with a small kitchenette on the left, including a black cabinet, white countertop, and wooden shelves with glassware. Wall art with botanical prints hangs above. To the right, a glass door with black framing leads to another room. An area with carpeted flooring is visible in the foreground.
Modern basement kitchenette with wooden cabinetry, small wine fridge, and a staircase leading to an upper level. The space features white walls, recessed lighting, and a window providing natural light.

1. Where You Build

When evaluating property values and lot prices, location is not the single determining factor. There is much more to deciding where to build than lakeside views and trendy neighbourhoods.

Location and other factors

When you build on your lot around Calgary, prices will be impacted by the following factors:

  • Municipal or county building permits

  • Impact fees

  • Surveying costs

  • Lot improvements like drainage systems and utility hookups

  • Clearing trees, brush and boulders

  • Foundation digging and preparation

  • Driveway access and road construction

2. What You Build

As you plan for the dream house, you may not realize which features are standard and which will add significant costs to your project. The level of customization, style, size, and extra features will impact your custom-built house cost.

Level of Customization

The more specialized your home design, the more cost there will be to plan and build your home. Part of this additional cost will come from working with an architect to design the custom rooms or other buildings on your property. If the planning or building process requires a structural engineer, this will also add costs.

Size

The greater the square footage of your home, the higher the cost. This is due to both the price for additional building materials and the labor costs and production time for a bigger project. 

House Style

The type of house you build will also affect the cost of your home. Usually, the more special design elements or ornamentation a house style has, the higher the cost will be. 

The following list of house styles is ranked from lowest cost to highest:

  • Ranch

  • Modern farmhouse

  • Farmhouse

  • Spanish hacienda

  • Mediterranean

  • Contemporary

  • Traditional

  • French

The actual cost of building in a certain style will of course depend on the type of building plan you choose. For instance, a small French country home may end up with a smaller budget than a sprawling Texas ranch house.

Extra Features

When you customize your property just the way you want it, some elements will likely add to your building costs. The following extra features increase your final price:

  • Window walls

  • Swimming pool

  • Spa

  • Built-in sauna

  • Patio

  • Outdoor kitchenette

  • In-law suite

  • Landscaped courtyard or backyard

Though these elements add to the cost, they also add to your enjoyment of the space. When it comes time to sell, they may also add to your property’s value. 

3. How You Build

From your home’s foundation to its roof, the materials you build with will have an impact on the final price tag. And fixtures and finishes are not your only considerations; durability, sustainability, and energy efficiency are also factors to consider as you choose what will go into making your dream home a place you can enjoy for years.

Luxury

Though quartz countertops, a top-of-the-line stove and hardwood floors add to the final cost to build a luxury house, they can also make it the long-lasting oasis that you have always wanted. These elements will also be part of what makes your property desirable to a future buyer. 

Durability

When choosing building materials for your home, it’s important to look for options that will give your home lasting power.

Sustainability and Energy Efficiency

Many homebuyers choose to use sustainable building materials and practices to reduce their impact on the environment. Green building options may include:

  • Rainwater collection

  • Geothermal systems

  • Solar panels

  • Wind energy

Choosing HVAC systems and home appliances with an Energy Star rating can help your home conserve energy. Your choice of insulation and other building materials can also help keep your home efficient.

Though some options may add to the custom home construction cost initially, the long-term reduction of utility bills and added peace of mind making them a valuable option. 

Modern living room with a beige sofa, black framed glass windows, and a fireplace with black and white artwork mounted above. A dining table with chairs and decorative items, including candles and vases, can be seen in the background. A staircase with wooden steps and black railing leads upstairs.
Modern black multi-story house with large windows and exterior lights, surrounded by trees and shrubs at dusk.
Modern kitchen with black cabinets, wooden accents, black granite island, gray bar stools, black pendant lights, gray backsplash, potted plant, and stainless steel appliances.
Modern staircase with wooden steps and black railings in a bright, spacious interior with large window and a chandelier.

Connect with Ocean Home

Your home should tell your story with beauty, precision, and purpose. At Ocean Home, we unite design and construction to craft living spaces that inspire. Reach out to us today — and let’s bring your vision to life.

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