Looking for your dream house can quickly turn into a wild goose chase. You may come across a house with the right amount of bedrooms, however, the wrong location. On the other hand, it might have the perfect kitchen, but horrible bathrooms. So, the best resort in such situations is to build your dream house from scratch. Of course, for this, you will need the help of a licensed builder.
However, just like anything, there are certain hidden and not-so-hidden costs when it comes to building a new house. To ensure that you do not end up blowing your hard-earned cash, here are three things that you need to be aware of before you start building your dream house.
Importance of Going Green
The state where you are residing in the country might have certain rules for new buildings. This includes certain features that need to be integrated as standard. The good news is, these often work in enhancing the efficiency of your home. Some of these include installing solar panels or a water tank on the property.
Let’s take an example. Imagine you wish to build your dream house in New South Wales. For that, you will need a BASIX certificate and proof that the house meets the sustainability requisites. If you wish to create a home in Victoria, it is imperative to meet minimum garden requirements so that the Aussie backyard doesn’t shrink any more than it already has.
Location Costs
Here we are not talking about the site costs. We will talk about it in the next pointer. This point talks about the costs associated with the location. If you are building in an urban area, it is likely to cost you more than the rural areas. Also, remember that popular locations will come with a costly price tag.
While planning for your dream house, think about the type of house that you wish to build. Then contemplate whether it will fit in its surroundings or not. Ultimately, this can have a significant impact on the property value as the years pass by. It is equally important to look at the size of the block and the potential orientation positions of your house. This way, you can maximise natural lights and solar panels. The final thing to consider is to determine whether the location is prone to bushfires or floods, as it can have a massive impact on insurance costs.
Site Costs
Once you have pinned down the location, be prepared for some fluctuating costs before you start construction. Your builder will require you to do a contour test to ascertain the kind of substance they will build upon. This will help them get a fair idea about the weight that the soil can handle and whether or not it’s likely to shift over time.
With the help of the contour test, it is possible to determine how much slope the site has. Remember, a site with a significant slope is a signal that the builder needs to work hard to get the ground to a safe level for construction. The more the slope in your site, the higher the cost.
These are some of the things that you need to watch out for before building your dream house.
