Not only is the prospect of custom-designing your own family home a huge attraction to thousands of people, but it could also be cheaper than buying. That is, as long as you avoid some of the unexpected costs of building – some of which may surprise you. There are heaps of potential hidden costs just waiting to jump out at you and destroy your building budget. Here are five common ones:
As you plan to build a new home, you will be faced with the question of who do I build with? Do you choose a project home builder who is offering really low prices or do you choose to go with a custom home builder, who has experience and knowledge of the local area, provides a unique, one-off home design, but costs a little bit more!
Well, that depends entirely on how far along you are, but the main goal should simply be to discuss your needs and what you want. We explain two different examples that play out in our office, based on whether or not a customer arrives with house plans in hand. Read more…
First, before construction even begins, let’s make sure we have included a few procedures, that are going to be contributing factors to your overall build time. Initial meeting with the builder, contracts and permits, scheduling, construction and key factors.
There are circumstances where renovating is the right choice. If your home is structurally sound and you like the layout and only want small changes then renovating is the way to go. However, if your home is older and doesn’t suits your needs then it’s time to rebuild.
Norm Wales Constructions takes great strides to help you understand the building process from start to finish. We believe that the more informed you are is an asset to the entire process; you can best explain your desires to the builder and avoid the errors and delays that come from miscommunication. To the very end, we encourage you to ask questions.
A homebuilder acting as both designer and contractor is perfectly situated to keep an eye on cost. They have an extensive knowledge of which types of designs and materials will push you past your budget, and should be more than able to guide you towards a custom design that fits your plans, personality, and your budget.
Since the mid 1990’s all new house developments have been required to have a site and soil test and site classification report conducted prior to building. The classification report is used by builders and engineers to plan building site preparation and provide site information to assist in appropriate foundation design.
Building a new house is a daunting experience. Combining all the features and fittings you want into the perfect home, and doing it all on a budget, can be far from easy. Regardless of whether you’re building your own home or an investment property, the key factor determining all your decisions is cost. You want […]
Property is one of the most important investments you’ll ever make. That’s why it is smart to spend some time and energy on searching for an investment that ticks all the boxes, before you make any financial commitments. The main things to consider are usually the location, affordability, securing finance, and deciding if you should […]
Most people don’t give this a second thought, but did you know it’s easy to get sued when selecting the design for your home? It’s true. You may have been told you only need to change a design by 20% to avoid copyright infringement… but nothing could be further from the truth. Here’s how many […]
Why Does It Costs So Much To Build A New Home? And if builders are adding tens of thousands of dollars in profit to every contract they sign, why are so many of them failing every year? In this article you’ll learn the truth behind house prices and who is really making money in the construction […]
There is no right or wrong way to go about building your dream home, whether you start by finding the right location and block of land, or you select your perfect house first. However, buying land and building your home is one of the biggest undertakings you will make and can be quite daunting if […]
Don’t assume every floor plan will fit your family and lifestyle. Builders put a lot of planning and thought into all of their floor plans, but this doesn’t necessarily mean it will be exactly what you need. Check the room sizes on the floor plan are adequate for you. Consider furniture layout and use. Just […]
Straight answer…no, you do not need to have a block selected before finding a builder. In fact, you may even want to select a builder first. While you may have found the perfect building site before you even considered building, most people begin the building process still searching for the ideal location to build their […]
Before you do, there is some very important information you need to know first. In this article, we’ll show you what to look for in a building schedule BEFORE you sign and lock yourself into a legal contract. When it comes to building your new home, there are several things you need to look out […]
Building a home can be a very demanding exercise; not least because you don’t want to forget anything that you will later regret, and you don’t want to burden yourself with an excessively high mortgage you can’t afford. Unfortunately, many home owners who design their new home or select a house and land package from […]