How to save money when Building a House
8 tips to save on your new home build
Tips for keeping cost down when Building
8 strategies to reduce costs when building a house
Avoid making changes to your home design once construction begins - changes almost always lead to additional costs & time
Have a professional take a look at your building contract before you sign (So you know exactly what’s in what’s out & what you need to know to set yourself up for success during the build)
Ensure the design plans and specifications are as detailed as possible before signing the contract
Request materials to be ordered early, especially items with long lead times like windows, doors and custom items
Have regular communication with your builder about potential variations or extensions of time
Put aside a emergency budget of 5-10% for unexpected issues & variations
Create a scope reduction wish list to offset new variations costs when needed
Document all discussions about costs and get variations in writing before work start
How to avoid extra costs when building a new home
Tips for avoiding extra costs when building a new home:
Avoid whenever possible making changes to the design or specifications once construction begins - changes almost always lead to additional costs & time
Have your Building Contract reviewed by a professional before you sign
Ensure plans and specifications are as detailed as possible before signing the contract
Request materials to be ordered early, especially items with long lead times like windows, doors and custom items
Have regular communication with your builder about potential variations or extensions of time
Keep a contingency budget of 5-10% for unexpected issues
Create a scope reduction list to offset new variations costs when needed
Document all discussions about costs and get variations in writing before work proceeds
Building Contract reviews for New Home Builds & Renovations
If you're looking for a personalised review of your Building Contract at a reasonable price, you can find out more information about my Building Contract Health Checks here.
I support clients with their HIA and Master Builders Home Building contracts from all states in Australia, including Victoria, ACT, Queensland, New South Wales, Tasmania, WA, and the Northern Territory.
Building Contract reviews are for people who want to understand their contract better before they sign.
If you're a person like me who wants to dive into the details, wants education on what makes a good contract, and what to look out for - then you're a great match for a Building Contract Review with me.
Ultimately, I want you to walk away from our session with confidence to proceed with signing your contract.
We go through any of your questions like how to avoid delays, what to watch out for and how to keep costs within your original building quote.
Happy building! 💚
Thanks for reading and catch you on my next post :)
Annelyse
Construction Management | M. Construction Law
