WHAT ARE THE HIDDEN COSTS OF BUILDING A HOME

There are a range of factors that help determine what your final site costs will be. One of the main influences is the size of your land, and the outcome of your soil and contour testing.

Site Costs

When preparing quotes, many builders do not include costs like flooring. You will need to factor in the expense of completing your home with something your feet will appreciate.

Flooring

LAND REGISTRATION

If you’re lucky, you may have a block of land that’s already subdivided and registered. If not, you will need to register your land which incurs a fee.

BUSHFIRE ATTACK LEVEL

If your property comes with a BAL rating, this will affect parts of the build as you have to ensure it’s more bushfire safe. The costs for this type of build can be much higher.

FLOOD RISK

When your property is situated in a flood prone area, your home will need to be designed specifically so that if a 1 in 100 years flood were to occur, no one in the property would perish.

BATHROOM ACCESSORIES

Bathrooms should be the oasis in your home, and you’ll want them finished appropriately. Hidden expenses can include: – Mirrors – Towel rails – Toilet roll holders

OUTDOOR PROVISIONS

Are you going to need outdoor utilities like gas connections, or taps? Ask your builder if their estimate includes these provisions and find out exactly what is included.