Building your first custom home is an inspiring project, from choosing and buying land to the handover of the keys. There will be many decisions to be made, so use this first-step guide to ease you into the process and call our team of master builders with any questions you have.
Your First Steps
The building process can range from months to years, depending on the scope, quality of preparation, and the speed of decisions.
Here are some questions to start your preparation list:
- Where do you want your custom home builder to break ground for your Box Hill or Donnybrook dream home?
- What size and layout do you envision? Single or double-story?
- What is your (unstretched) budget?
- What are your non-negotiable, want, and nice-to-have features?
- Did you know that you don’t have to design from scratch? There are pre-made designs that need tweaking.
How Much Does A Custom-Built House Cost?
In 2019, the statistics pinned the average building cost at $320,238, excluding the land, site preparation, planning, and council fees.
The final price varies from this national average depending on the size and style and the state you are building. Northern Territory has higher labour and materials costs, so your total will double compared to South Australia. Victoria State’s averages are $327,700 for a house and $292,000 for a townhouse.
Location, Location, Location
The location has a big impact on your family’s lifestyle and finances. You can buy in a new suburb (housing estates) or build in an established area.
The latter takes more effort and cost and will need to investigate any easements, development overlays, or restrictions on how the land can be used. Site preparation might reveal expensive and challenging surprises, but, on the plus side, you will know exactly amenities, cafes, schools, and transport are available.
Buying land in a new development makes owning your dream home more accessible, and you are part of a budding new community. There are usually new shopping centres, schools, hospitals, planned bike routes, walking trails, and significantly more environmentally friendly factors.
Knockdown Rebuild Vs A House And Land Package
A knockdown rebuild is when you own land with an existing building to be knocked down and a new design built. The first benefit is that you keep a beloved location with current amenities but in a brand-new home. Note that keeping some structural elements of the existing house can add high cost. Check with the local council for restrictions.
House and land packages are the best options if you don’t currently own a property or you want to leave your current home and suburb. It gives you home with less hassle. These are usually in new housing estates. Architect and designer fees are covered in the deal, and there are many designs to choose from. You can tweak them, so you get an affordable custom build. Site costs or your tweaks will be additional costs.
The planning and building permits will already be in place so that building work can start sooner.
Call our team of master builders with any questions you have about decision-making for custom home builders in Box Hill and Donnybrook by custom home builders.