A beautiful log cabin with spectacular views, rustic beams, and real wood floors is a dream for many people. A cabin is typically real estate with ample acreage offering plenty of room to explore your property. It’s tranquil living with a mountain view from the back porch and front deck. But what do these long-range mountain views and hardwood floors actually cost? There’s plenty of misinformation out there. Let’s take a look at what your price point might be to build a log cabin.
Find a reputable construction company.
A log home isn’t a special property by itself. It takes a stone fireplace or cathedral ceiling, and a master suite with easy access to the porch that offers amazing long-range views. To make a gorgeous property like this possible, a potential buyer has to have the right people working on the cabin. A beautiful mountain home can be a reality with a construction company like CMK Construction. Lavish great rooms, beautiful kitchens, and comfortable dining areas are just a few of the improvements you can expect from a company like CMK.
Once you’ve found the company you’re going to work with, you can get into the details of the log cabin. You and your contractor will get to setting your list of must-haves. From beautiful stone fireplaces to an outdoor living room to simple rustic charm, you’ll determine what’s possible. They’ll be able to give you a detailed list of what your construction costs will be. But there’s more than just the materials, you need somewhere to build it.
Do your research on the area and look at the existing market.
One of the big mistakes a buyer makes is not going their homework. Don’t let the stress of everyday life prevent you from making the right decision. Take the North Carolina housing market, for example. The western part of the state near Asheville, Maggie Valley, and Waynesville feature some lovely log cabins. But not all of them are equal. Some feature unobstructed views of Chambers Mountain. Others contain a waterfall feature. A few don’t boast awesome views of the Blue Ridge Mountains but are considered some of the best lakefront homes in the region.
The high country of western North Carolina offers a wealth of different mountain cabins to explore. Spend some time with a broker and look at what a cozy log cabin is priced currently. Take particular note of similar amenities to what you want. Be sure to designate the main house from any additional residences that might be on the property. Once you’ve compiled your list of comparable properties, you should have a better understanding of what you’ll spend on the location for your mountain cabin.
Search for deals and buy at the opportune time.
If the coronavirus pandemic taught us anything, it was that things can change quickly. Home prices in NC and around the United States are at all-time highs. Building materials from luxury log to plywood are all in high demand. The convenience of time to think about a property is over. Lots of land and homes sell fast, sometimes sight unseen. If you are tired of searching the MLS and all its pending sales, you might ask your broker to help you search sale by owner property on Craigslist or Facebook.
You’ll also want to start looking at financing options. The federal 30-year interest rate is currently low and there are deals to be had in the real estate market. Talk with your contractor, get an idea of where you’re going to build, and search for the right deal on the property and financing options and you’ll be well on your way to affording a beautiful home.