Frequently Asked Questions
It is important to have your block of land ready to build on, the land title will provide the information such as the size of the block, which will determine the shape and size of the home that will fit the block.
If you have a design for your New Home, it is important to at least have a preliminary plan ready for your builder to provide you with a Preliminary Estimate of the cost of building the home based on the builder’s standard specifications. If you do not have a preliminary plan this can be provided for you, the cost of which is determined by the size and complexity of the home.
It is important to know the budget that you have to spend on your New Home, the reason for a builder asking you for your budget is because there is nothing more disappointing than having a design for your home that does not match your budgeted amount.
It is always a good idea to approach either your bank or a broker to get an idea of your borrowing capacity, this then provides the budget for your new home.
When looking at purchasing your land, look at the shape / and how the land lays, is it sloping / will it need retaining walls / are there any significant trees on or near the land that may affect the placement of the house and the cost of the foundations. All of these factors can affect the final price of the building.
Building a New Home means you get exactly what you want and how you want it. This means that you can get the perfect home to suit your family.
Yes, or you at least need to have a contract of purchase on the land, without the land a builder cannot help you either with a design or pricing of a new Home. The land is just the first part of the process in getting a quote as the size and shape and the fall of the land can affect the design and pricing.
That depends on whether you want your own design – if you want your own design you either need to have the plans available for the builder to quote from or be prepared to pay a fee to have the plans drawn and cost. If you are looking for a project home the builder usually has a range of plans to choose from and if a custom builder would base the cost on an M2 rate initially subject to approval requirements and the owners doing selections.
An idea of your budget is important as we need to provide you with plans that would come within this budget. There is nothing more disappointing than choosing a design and falling in love with it to discover that it does not come within your price range.
There are many factors that affect the length of time it takes from first contacting a builder to getting to the point of laying a foundation, it depends on the complexity of the design right through to full approvals from all the relevant authorities. Generally, it is a good idea to allow at least 6 – 12 months for this process. The building of the home from full approvals to completion is usually between 16 – 32 weeks depending on the size of the home and the weather and trades.