What do I need to know about buying land?
Before you pour your heart, soul and finances into a block it’s important to understand its fall and orientation and how these factors can influence the cost and suitability of certain home designs.
A multi-level house for example is best suited to sites with natural fall while a single story concrete home will be cheaper to build on a site that’s relatively flat. Develop a relationship with the developer and request a meeting on-site so you can assess lots carefully.
When should I engage a builder?
I recommend you seek advice from builders whilst you are considering a lot to avoid any surprises later on. Discuss your combined house and land budget up front, talk about the style of house you want and go on site and view compatible lots with them. Their experience will tell you if you need to budget more or less to have a lot levelled or raised, this is particularly relevant for people who are price sensitive or planning to build within the price thresholds to receive a government grant.
Don’t be afraid to ask questions about any potential prices increases from the time of purchase to the time of settlement.
How do I choose a builder?
You want a builder that you have a good rapport with and whose work you like. Ask friends and family for recommendations, talk with our team at Urbex and/or review a builder’s track record with the Master Builders Association.
It is also worthwhile looking at the standard inclusions and optional extras amongst builders to accurately compare their prices and maximise your budget.
What else should I be aware of?
Be aware of any design covenants on a development and ensure they align with what you want in your dream home.
After you purchase there may be a waiting period until settlement occurs. Use this time to become fluent in any construction completion timeframes associated with government grants and continue to revisit the list of features you want in your new home.