(ARA) - You’ve found the perfect neighborhood, selected a home plan you adore and chosen a reputable builder. So you think all the stress and decision making in building a new home is now over? Think again! With so many ways to customize a home today, there are hundreds of upgrade options from which you will have to choose . . . cabinetry, countertops, carpets, faucets, appliances . . . the list goes on and on.

Also, if you are like many new home buyers, you have fallen in love with the model home in your community and hope to add similar upgrades to your own residence. Once you discover, though, the amount of money the builder put into all those extras, you will need to decide which upgrades you really want (and can afford) or whether you should take what the builder provides and consider making upgrades yourself sometime in the future.

According to Laura Jonke, design coordinator with Bob Schmitt Homes, Inc. of North Ridgeville, Ohio, and an American Society of Interior Designers (ASID) member, there are several advantages to upgrading during the building process including customization, financial incentives, resale benefits and convenience.

Customization

One of the best reasons to include upgrades in your building plan is to infuse your own style into the home. Whether you want to give your home a country look or a contemporary flair, the options you select will help convey that style throughout the house. Upgrades also offer the home buyer a better grade of product.

Another reason for upgrading is functionality. The standard refrigerator offered by the builder (often referred to as "builder grade") may not give you the side-by-side door style you prefer with ice and filtered water in the door. And, you probably will not get that great showering system with the multiple body sprays and large showerhead without incurring the cost of an upgrade.

Financial Incentives

One major benefit of upgrading during the building process is that it allows you to roll the cost of the upgrades into your mortgage loan. Although you may pay more in taxes initially, upgrades can be paid off with your monthly house payment at a lower interest rate than if you sought out a home equity loan in the future. In addition, most builders will include upgrades in your home warranty program.

Resale Benefits

What you choose now may play a big role in determining the resale value of your home in the future. Name brand appliances and popular custom upgrades will appeal to potential buyers. Concentrate on rooms like the kitchen and master bath which buyers "zero in on" when purchasing a home.

"For resale appeal, try to avoid creating spaces that aren’t functional for anyone but your family," said Jonke. "Spaces should be versatile enough to accommodate a wide range of people and lifestyles."

Convenience

If you decide to wait and upgrade after you move in, you’ll have to deal with the disruption in your household. It is usually much easier and more convenient to have the builder upgrade items during the construction process and spare you the hassle and headaches of having a house that is torn up and areas that are unusable.

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