Building a new home is one of the largest financial investments you’re likely to make. Unfortunately, the cost of building a new home cannot be narrowed down to an easily calculable price. However, by simply being aware of these hidden costs, you’ll ensure your budget doesn’t skyrocket out of control.
Before giving you a fixed quote, we’ll need to conduct soil and contour tests on your property. The soil test involves surveyors drilling small holes to analyse the soil. And the contour test involves surveying the land to identify the slope of the property.
This is the largest (and most variable) hidden cost you’re likely to incur. Your site cost is based on your soil and contour tests - the worse the soil and larger the slope, the higher the site costs.
Costs will also be higher if: accessing the site is difficult or lots of trees need to be removed. To ensure your site costs are manageable, discuss your cost expectations with our experienced team.
Not all building quotes include the cost of flooring inside your home. The estimated cost of flooring may simply be based on a constructed house on the concrete slab. Your costs will vary depending on which style of flooring you choose (i.e. tiles, carpet, timber floors, etc.). To avoid paying more than you need to, discuss your flooring preference with our team to get an accurate quote.
Many building quotes only include the cost of building the home. This means anything outside of the home (such as driveways) will incur an additional cost. Depending on your preferences and requirements, this could be relatively cheap or quite expensive.
If you’re planning to build in an area close to bushland or a national park, your property may have a BAL rating. If so, you’ll need to make necessary alterations to your home to ensure it is as safe as possible.
There will be extra costs involved if the area you’re planning to build in is prone to flooding. The reason behind this is, if a once in 100 years’ flood comes through the area, your house needs to be specifically designed to protect against the damage a major flood event may cause.
If the land you’re building on has not been subdivided and registered, you’ll incur extra costs to connect amenities such as electricity, plumbing, and sewerage.
You may need to purchase your wheelie bins from your local council for rubbish collection. These can cost roughly $600; however, for an accurate figure, contact your local council.
For more information on hidden home building expenses, contact the friendly team at Resolving Construction today.
When building your dream home, choosing the right custom builder is crucial. However, with so many custom builders competing for your business, it can be a little overwhelming. Fortunately, by asking prospective builders these seven questions, choosing your ideal custom builder just became much easier.
Choose a qualified custom builder who has been building in your area for at least five years. An experienced builder will know the area landscape, property boundaries and values, septic and water locations, electricity and natural gas availability, building codes and more.
A good custom homebuilder will work with experienced tradesmen who care about the quality of your home. They will communicate with you throughout every step of the process and offer professional opinions to help you make quality decisions.
If you’re using a lender to finance construction, they require your builder to provide proof of licensing and insurance. However, if you’re not financing, this is one of the first questions you should ask.
Before choosing a custom homebuilder, ask whether they have experience building the style of home you’re planning and whether they are experienced building in your area.
The answers to these questions can mean the difference between an ordinary house or your dream home.
Unless you have extensive knowledge of the building industry, it can be difficult telling good from poor quality. While you can see cosmetic details like flooring, cabinets and light/plumbing fixtures inside the home, it’s hard to know what’s going on behind the walls.
Sit down with your builder before construction begins, and ask: “Do you have detailed quality assurance checklists?” “Who checks quality and how often?” and, “What happens if I’m not satisfied with the quality of the home?”
A lack of communication is one of the most common complaints among homeowners about their builder. To avoid the frustration of having questions go unanswered, determine a communication method that works for you (i.e. emails, texts or phone calls) from the outset.
Building a home can come with lots of hidden costs we often aren’t aware of. To ensure you don’t exceed your budget, sit down with your custom homebuilder to discuss clear specifications and cost. This way, if anything is unclear to you, you can get it clarified.
For more useful tips on choosing a custom homebuilder, or to explore our exciting range of building options, visit our website, or call or email the experienced Resolve Construction team today.
As the weather warms and days become longer, one thing is certain – springtime is here. Spring is a season of rejuvenation and rebirth; a time to get rid of the clutter and start fresh. So, if your home is in dire need of a renovation, read on and discover why spring is a perfect time.
Spring is synonymous with a fresh start. Why limit your fresh start to spring cleaning, when you could give your home a much-needed makeover? While you're culling the unneeded clutter, take advantage of the new start by embarking on a stunning home renovation. And, with the change of season, there’s virtually no limit to the stylish touches you can add to every room.
Completing your home renovations in spring allows you to enjoy all summer has to offer in your beautiful home. Think about it: if you’re planning get-togethers with family and friends, the last thing you want is to be halfway through a renovation. Renovating over spring ensures the stunning final product will be on full display by the time your family and friends come calling.
Spring is the perfect time to get outside and enjoy the warmer weather. Those beautiful spring days are also extremely beneficial when renovating your home – especially if you’re on a tight schedule. But why is this the case?
Put simply, warmer; longer days translate directly to more time to complete the job. Also, in spring there are far fewer weather-related interruptions (such as storms, high winds and more). So, if you dive into the renovations, they’ll be completed far ahead of schedule and ready in time for summer.
Are you planning to put your home on the market? If so, spring marks the beginning of the busiest home-selling and home-buying season. Home buyers benefit from a wider selection of properties than other seasons, equalling greater turnouts for inspections and auctions.
Renovating your home can significantly increase the chances of selling your home quickly and at a higher value. The more renovations performed on the home, the higher price you’ll fetch, as there will be less for buyers to worry about when they move in.
If you’re ready to launch into a spring home renovation, call or email the experienced team at Resolve Construction today. Our talented team will help you love where you live.
Building on a sloping block can be quite an intimidating prospect. While there are significant challenges, the rewards far outweigh the downsides. If you’re planning to build on a sloping block, keep the following five points in mind.
Which way does your block slope? Does its slope rise from the road, or fall from it? Does it slope from the left or right? You should consider these questions, as your home’s design will be dictated by the slope.
For example, if your block slopes up from the road, the best solution may be to have the garage underneath your home, and living areas open out at ground level in the back. However, if the block slopes down from the road, building a split level which follows the slope down (and positioning a mancave or laundry room in the back) will be more beneficial.
Orientation is an important consideration when taking advantage of solar efficiencies and fantastic views. If you have a north-facing block, main living areas can face north. However, if your block faces south, the views and orientation can be in conflict, so you’ll need to compromise.
To overcome the home’s shortcomings, work with our talented designers to maximise the block’s attributes.
For example, if your home is south-facing, our designers can incorporate windows which maximise your view, but not expansive panoramas which expose your home to winter chills.
When deciding to build on a sloping block, one of the key issues to consider is soil depths are quite shallow, so, it is very likely you will strike rock. To lessen the impact this may have on your future home, select a design which keeps unnecessary excavation to a minimum. Remember to work with your block, not against it.
Our talented designers will help you consider the whole block when creating a plan for your home. We realise a home doesn’t stop at the walls, rather at your land’s boundary. Our designers help you tie everything together. We will bring out the block’s potential, by considering how you will use the land.
For instance, consider space for the clothesline, drive-in access for your car(s), room for a shed or studio, and more.
Building on a sloping block doesn’t have to be a challenge. Rather, it’s the secret to a unique, eye-catching home. With the average price of house blocks growing ever higher, it’s also a very affordable solution.
For even more advice on building on a sloping block, call or email the expert team at Resolve Construction today.
With the cost of living spiralling out of control, achieving a high-end finish on your renovation (or even renovating itself) can seem little more than a pipe dream. Fortunately, however, there are ways to get everything you want out of your renovation without spending a fortune. Designers are working hard to implement creative ideas to achieve a lavish, luxurious look which doesn’t break the bank.
Read on to discover some of the most innovative high-end finishes which mimic the real thing, all on a family-friendly budget.
A 2 Pack painted finish is one of the most expensive (and labour intensive) cabinetry options. To achieve the same high-quality finish without paying for a painted finish, consider a PET finish. Polyethylene terephthalate is a resin available in high gloss or matte. It closely resembles paint, comes in a multitude of colours and is very durable.
Many vinyl and laminate options are so realistic it’s almost impossible to distinguish them from real Timber. Both options are also cost-effective and highly durable. If this is the look you’re seeking, try to find something with a texture which follows the image of the grain, or has a band-sawn effect.
There is also vinyl and laminate flooring which mimics tile. If you like the look without the waterproof quality of tile, this is a fantastic alternative.
This is a cost-effective way to add character to a space with real wood counters or desktops. However, butcher block requires a lot of maintenance to remain in top condition.
Nothing brings a home to life quite like a fresh coat of paint. As windows are very costly to replace, a stylish, budget-friendly option is to paint them. You can paint Timber and Aluminium windows (inside and outside) to achieve a modern look without having to pay for new ones. You’ll be stunned by how painted windows can completely transform a room.
To avoid the exorbitant cost of replacing your staircase, consider painting it. A fresh coat can make even the most worn-out stairs appear brand new. Before painting, ensure the stairs aren’t too slippery and use a runner to hide any flaws.
Today, it’s getting harder and harder to distinguish electric fireplaces from a gas model. By choosing an electric fireplace, you’ll save upwards of $5,000, as all you need to operate it is a plug. In addition, there are no code requirements, gas line or chimney and it’s much more environmentally friendly.
For even more tips on achieving a high-end finish on a budget, simply call or email the experts at Resolve Construction today.
As a homeowner, one of the most significant dilemmas you will face is deciding whether to stay put and renovate your current home or start fresh with a new home. To help make that decision a little easier, we’ve compiled a list of factors to consider when deciding to renovate or build.
By building a new home in the right area, (such as a new estate or the outskirts of a major city), you may catch the beginning of a price growth cycle.
A major advantage of renovating your existing home is you can accurately measure its price performance over time. This determines the home’s worth over the last few years and allows you to estimate future potential growth.
If you are planning an extensive renovation with a lot of structural changes, it can definitely be cheaper to start from scratch.
While you can measure the potential growth of an existing property, ensure you’re wary of over-capitalising. While it’s a common belief that spending thousands on a renovation will eventually reap huge rewards, this isn’t always the case.
If you build a flashy house in the street filled with traditional, small homes, for instance, you’ll likely fail to recoup your investment. To avoid this trap, research your local real estate market to understand what existing homes in the area are selling for and the profits which have been made from sales in the past few years.
This is often a deciding factor in whether you choose to renovate, particularly if you have a family. The idea of uprooting your family, leaving behind friends, your local school, neighbours and local amenities, can easily tip the scales in favour of renovation.
However, if your family is growing, or you’re not entirely happy with the area you live in, a new start may be ideal.
Building from scratch might be the more costly option, but it comes with several benefits and can be less restrictive than renovating. New homes are easier to maintain and come with the added peace of mind of a warranty on the construction.
Both renovating and building a new home require a substantial financial commitment.
However, if you have built equity if your current home, it will be easier to juggle a home equity loan to finance the renovations. Keep in mind, though, that a home equity loan will incur closing costs (e.g. appraisals, credit reports and title insurance). Although, what seems like a more affordable option might not always be the best choice when weighed against long-term goals.
Wanting extra space (for a growing family or guests) is a leading factor in wanting a new house. By renovating your existing home, you have two options to expand the space – up or out.
Building a second storey or adding additional rooms to your home may be viable, but there are several factors to consider. First, whether your home’s foundation can support the additional weight. Second, and most importantly, whether local council regulations allow you to renovate.
For more advice on whether you should renovate or build a new home, call or email the experts at Resolve Construction today.
Building a new home is a complex process. Unsurprisingly, there are many ways first home buyers can get caught out. Fortunately, though, by following these five simple steps, you can avoid the most common pitfalls when building your first home.
Your builder estimates the costs of the site works before signing the contract. Unfortunately, some builders deliberately underestimate site works costs to reduce the overall price and secure the deal. Then, after the contract is signed, the buyer learns they have to pay thousands more than allocated to the contract.
To avoid the unnecessary expense and stress, trust Resolve Construction to quote a realistic price for your site works.
Many major building companies overwork their supervisors, often stretching them to manage over 30 building projects at once. This results in supervisors who haven’t had time to manage their tradespeople and control quality.
To ensure your build time does not blow out of proportion and cost thousands more than you envisaged, talk to the experts at Resolve Construction today. Our supervisors will arrange timeframes which fit your needs and ensure the quality of the final product is not compromised.
Some first home buyers make the mistake of choosing a location with poor growth or rental yield prospects. This can dramatically impact your return on investment if you should decide to sell or rent the property in future.
The talented team at Resolve Construction regularly research Gold Coast property market trends. We will sit down with you and discuss the best areas to build in, which will give you the highest return on your investment.
Another common pitfall for first home buyers is being tempted to spend more on the fit-out than necessary. To avoid this trap, think like an investor when choosing fittings for your new home. For instance, only choose expensive fittings if they add value to the property, make the house more durable or will increase its future rental value.
Visiting a display home can be a great source of inspiration. To get the most out of your visit, come armed with the right questions. Ask what the display price does and does not include – flooring, wall paint, high ceilings and air conditioning may be extra! To determine what features are standard and which cost extra, study the specification sheet closely. And, most importantly, don’t be afraid to ask for a total price.
If you’d like even more tips on overcoming common first home buyer pitfalls, call or email the talented team at Resolve Construction today. We’ll walk you through the entire process, so you know precisely what you’re paying for.