HOW TO STAY ON BUDGET
The budget needs to cover many aspects and not just the cost to build your new dream home. There are many things to consider such as siteworks, design elements, specification requirements, coastal or bushfire zone allowances, selections and finishings such as landscaping, pool, flooring and blinds.
NON-NEGOTIABLES
Sticking to your budget is one of the biggest “non-negotiables” when building your new home. Once you have agreed to a budget you must understand what is most important to you when you decide to build. Keeping to a budget will set you free and ensure a seamless experience.
COMMON CAUSES OF BUDGET BLOW OUTS
Common causes of the budget blowing out usually relates to not enough due diligence being conducted at the beginning of the quote process. For example, underestimating costs such as pool, landscaping and finishings are just some areas to keep an eye on when building your home.
THE BIGGEST PORTIONS OF THE BUDGET
Some of the biggest portions of the budget is needed for style requirements and finishings of the home. Everyone is different and may have many varied lifestyle and personalisation requirements for the home. But be careful with the site you wish to build on as a steep gradient, rock or presence of clay have significant cost implications to your site works.