Nail down all the details F08 0109

If you’re building a new home, it will save time, money and stress if you have checked all the paperwork first

- TRACIE ELLIS

Setting off on the journey of building a new home is one of the most exciting and rewarding things you will ever tackle. It also comes with a hefty financial commitment and is, more often than not, gruelling and emotionally draining.

If you are up to the challenge, it is important to remember that if it’s worth doing, it’s worth doing well. Arming yourself with as much knowledge as possible is key to a successful build.

Before you jump too quickly into signing up with your builder, understanding the process, your contract and scope of works will ensure you achieve the best outcome for a smooth and stressfree (as much as possible) build.

Regardless of whether you are a novice or a seasoned expert, there are certainly proactive steps you can take to ensure your build is a breeze and silly, costly mistakes are avoided.

The current uncertainty in the construction industry makes it more important than ever to be well prepared.

Prepare the budget

A good budget takes into consideration all elements of the build, ensuring you have reserved funds, as you can be sure you will incur variations during your build. It is of utmost importance to set a maximum budget for your project.

There are many items that will not be included in your contract, for example:

• Architectural fees
• Approval fees
• Planning fees
• Electrical and gas meters
• NBN connection
• Window coverings
• Outdoor concreting
• Landscaping
• Fencing and gates
• Driveways
• Decking
• Letterbox
• Pool and furniture.