With so many house and land packages advertised by builders, it can become overwhelming to choose the right package with the best value and quality for you. Building a new home should be an exciting decision and you should be comfortable every step of the way. The last thing you want is to be caught off-guard with jargon you don’t understand and pressure to put pen to paper, resulting in unforeseen costs.
House and land packages definitely have their advantages. They’re convenient, there are less decisions to be made, less paperwork, generally faster construction times, and they’re seemingly affordable. But there are a few things first home owners need to look out for when shopping for a house and land package.
“It’s important to ensure a package price isn’t distracting you from what you’re really looking for. Ask yourself, is it where you want to live, is it your ideal home design, and will you be paying extra to get exactly what you want?”
- Martyn Ferris, Sales Manager, Shelford First.
Understand your budget from independent advisors
It’s important to have a good idea of your budget before looking at house and land packages and before speaking to a builder. Seek the advice of an independent mortgage broker or a bank that can help simplify your finance options and help navigate your best options. Having all the right information means you can make informed decisions and help you compare locations and builders.
Location, location, location
Look at the location and find out if the house and land package is somewhere you ideally want to be. Research the area and look at recently built properties so you have an understanding of whether or not the house and land package is value for money.
Is it a quote or an estimate?
Many house and land packages are not set at a fixed price, and prices can vary due to building requirements such as: meeting 6 star energy ratings, site costs, soil condition, design guidelines of the estate, even possible bushfire attack levels. Clarify the total costs with the land developer and builder.
Take your time and look at the design and full pricing inclusions of the home before putting pen to paper. Compare not only the ‘giveaways’ but what the house package includes, and what it doesn’t. Compare room sizes, storage solutions, and layouts. Look at the types of finishes on offer, and even the warranties. Oversee all upfront cost options before signing a contract or paying a deposit.
Get as much information as you can before making a commitment, and don’t buy into pressure to make a decision. Shelford First can deliver a home you will love, without pressure, to make your journey an enjoyable one.
If you’re looking for a house and land package, seek quality advice, a quality builder and real value for money. Shelford First offer packages with no hidden costs, just upfront honest advice and quality service tailored to suit individual needs and lifestyles. To learn more, visit Shelford First, or www.