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Building your dream – Navigating construction pitfalls to achieve your perfect home

Oktay Sengoz

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03/04/2024

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1.5 min read

Embarking on the journey of building your dream home is undeniably exhilarating, but it’s also a venture fraught with challenges that can catch even the most prepared homeowners off guard. From the euphoria of witnessing your vision materialise to the sobering realities of unforeseen hurdles, the process of constructing a new home is a rollercoaster of emotions. Amidst the excitement, it’s crucial to remain vigilant and informed about the potential pitfalls that lie ahead.

Here’s a roadmap to navigate through the maze of building your new home:

Budgeting

Building a home is a marathon, not a sprint. The timeline from signing contracts with the builder to the commencement of construction can stretch up to 18 months, often due to myriad external factors like council approvals, material procurement, and unforeseen delays in settlements. It's imperative to factor in these contingencies when crafting your budget. Allow yourself a buffer of at least 50% more time than initially anticipated to account for these eventualities.

Non-inclusions

Builders may present enticing 'all-inclusive' contracts, but it's essential to read between the lines. Landscaping, driveways, and window coverings are often glaring omissions from these agreements. Ignoring these ancillary expenses could potentially delay your move-in date, as council regulations might mandate their completion before granting occupancy. Be proactive in budgeting for these overlooked essentials to avoid last-minute scrambles.

Variations to the contract

No matter how meticulously you plan, changes and unforeseen circumstances are inevitable in the construction process. Variations, whether they stem from underestimated provisions or client-driven alterations, invariably translate to additional costs. Unlike some misconceptions, these expenses cannot be seamlessly absorbed into your loan once it's approved. They often necessitate out-of-pocket payments, which can strain your finances if not accounted for upfront.

Navigating the complexities of building a home demands a comprehensive understanding of the nuances involved. Our expert guidance ensures that you traverse this journey seamlessly, from the inception of contracts to the blissful moment of stepping into your new abode. Don't let the pitfalls deter your dream – let us empower you to build with confidence and clarity.

Reach out to us today, and let's embark on your building journey together.

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