Browse Forums General Discussion Re: How much compensation should I ask for 21Sep 16, 2016 3:07 pm Had a meeting with Metricon the day before yesterday. Metricon said they were going to cut off eaves (4 meters long) to be compliant with law. I pointed out it would affect the aesthetic of the house and reduce the market value of the house. Metricon should compensate for the reduced value of my house. However, Metricon declined any compensation and said they would sort out this problem at VCAT. They shut the door completely and did not even try to negotiate with you. Re: How much compensation should I ask for 22Sep 16, 2016 3:07 pm Had a meeting with Metricon the day before yesterday. Metricon said they were going to cut off eaves (4 meters long) to be compliant with law. I pointed out it would affect the aesthetic of the house and reduce the market value of the house. Metricon should compensate for the reduced value of my house. However, Metricon declined any compensation and said they would sort out this problem at VCAT. They shut the door completely and did not even try to negotiate with you. Re: How much compensation should I ask for 23Sep 17, 2016 7:22 pm Eaves influencing market value? Lol. That's not how the market or house values work. Sounds like you went about it the wrong way, which people here were trying to highlight to you, you didn't listen, and now you have to deal with the consequences. Keep us up to date with your progress Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 24Sep 17, 2016 8:15 pm The issue is that OP is entitled to have his home constructed in accordance with the signed contract. It seems that builder has blundered and cannot deliver and is now saying we will change it bad luck. It seems that option of taking the dispute to Building appeals board has not been tried No owner would be happy with the way the situation has developed and the way builder is handling it. If I was the owner I would be most unhappy about being steamrolled, If I was the owner I would issue notice of substantial breach and threaten to end the contract and then complete the house at with another builder (after going through appeal) at first builder's expense. I think that prospect of terminated contract may wake up the builder "oops we didn't handle this well" Just my two bob. Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: How much compensation should I ask for 25Sep 17, 2016 8:25 pm Oh agree, but based on OPs series of posts he probably went into that meeting with no other goal in mind than getting some financial gain out of it. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 26Sep 18, 2016 8:44 am 2 sides of the coin - don't think we have all the info here Just doesn't sound right Re: How much compensation should I ask for 27Sep 20, 2016 10:54 am yhfg27 ,JUST because your not 100% up with procedures,doesn,t mean you deserve to be attacked,your the innocent party here,and deserve help,not sarcasm,the wrong doing is no less because the clients are green, attack the wrong,not the right please. Re: How much compensation should I ask for 28Sep 20, 2016 11:11 am Joker yhfg27 ,JUST because your not 100% up with procedures,doesn,t mean you deserve to be attacked,your the innocent party here,and deserve help,not sarcasm,the wrong doing is no less because the clients are green, attack the wrong,not the right please. Builder is at fault because it is builder's blunder. This is no time for builder to be arrogant Foremost Building Expert in Australia,assisting with building problems/disputes, building stage inspections,pre-contract review advice for peace of mind 200 blogs http://www.buildingexpert.net.au/blog Re: How much compensation should I ask for 29Sep 20, 2016 11:35 am Ponzu Eaves influencing market value? Lol. That's not how the market or house values work. I agree that it can affect market value. A house with no eaves looks terrible and cheap. Re: How much compensation should I ask for 30Sep 20, 2016 6:01 pm mack042 Ponzu Eaves influencing market value? Lol. That's not how the market or house values work. I agree that it can affect market value. A house with no eaves looks terrible and cheap. Then you'd be just as wrong as the op. It does not affect market value. Have you ever seen a valuation used by lenders? Besides if the only redeeming feature before your house looks cheap is the eaves, then eaves aren't the problem. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 31Sep 20, 2016 6:55 pm About time yhfg27 posted up his plans. From what I can imagine the eave he is talking about must be on the N/W at the rear of his dwelling if the shadowing is affecting his neighbour.If this is the case and and yhfg27 has windows there I would be peeved too because of the sun. Post up some plans so we can all see the proposed eave cut off,then we may be able to give you some plan of attack re energy factors or whatever from this alteration,and give you some ideas on what to confront the builder with. Seems they have got their levels wrong in the fall of the land when working out the shadow. Re: How much compensation should I ask for 32Sep 20, 2016 6:56 pm Ponzu mack042 Ponzu Eaves influencing market value? Lol. That's not how the market or house values work. I agree that it can affect market value. A house with no eaves looks terrible and cheap. Then you'd be just as wrong as the op. It does not affect market value. Have you ever seen a valuation used by lenders? Besides if the only redeeming feature before your house looks cheap is the eaves, then eaves aren't the problem. Ponzu everyone can have an opinion and you may not always be correct. It can affect the ability to sell a house due to the fact that it looks awful and there can be problems that can be associated with not having them. For me the house would have to be beautiful inside for me to even consider buying a house without eaves. Re: How much compensation should I ask for 33Sep 20, 2016 7:20 pm Market value is not the same as what you think would lower the value of a house. Value is determined by factors such as location, condition, adverse features such as easements/flood prone areas or mine subsidence, comparable sales, selling periods, etc. there are about 50 things considered. What the house looks like is the last thing on the list. Why do you think dumps can get a million bucks? It's not because they have eaves I looked at no less than 20 vals today in the course of my work and the only time an eave was mentioned was when it was water damaged and rotting. And repair cost factored into a lowered val Opinions are not the same as facts. Fact is, the op flapping gums about how no eaves on his house would affect his market value would have made him look clueless. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 34Sep 20, 2016 7:27 pm And I'm sorry but the ability to sell a house also isn't reflective of how it looks either. You can have an amazing looking house but if it's in a way out place with zero other redeeming features you'll have more trouble than selling a knock down fibro shack in a gentrifying area. Take a look sales figures. The houses that have trouble selling are usually the near new places in fringe estates, not the rubbish houses in popular areas that could be literally one storm away from collapsing. You might not buy it, but 100 others will. That's the great thing about the market. It's not dictated by cosmetic appearances of the property Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 35Sep 20, 2016 7:30 pm If you had 2 identical houses side by side. Same floor plan, block size, both Nth facing etc. The house with a eave may not have a higher price listed but I am sure it would either sell for more or sell quicker. Re: How much compensation should I ask for 36Sep 20, 2016 7:34 pm Even if it sells first, the buyers that missed out on that identical house will try for the one next door at the auction 15 minutes after the first. It's identical bar the eaves, right? Not only that but could sell for more because there is one less in the market with almost the same demand. Wouldn't be the first time the second near identical house next door sells for 10% more That's the market Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 37Sep 20, 2016 7:36 pm all good. You can keep making your property choices on aesthetics, while the rest of the people who know a thing or two make money on value. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 38Sep 20, 2016 7:42 pm Ponzu all good. You can keep making your property choices on aesthetics, while the rest of the people who know a thing or two make money on value. I am not talking about making money. I am talking about purchasing a house to live in and be happy with the house. Re: How much compensation should I ask for 39Sep 20, 2016 7:50 pm Then you're barking up the wrong tree, because my argument is that lack of eaves doesn't lower the market value. You're talking about paying for a feature that is a personal preference. Creator of superduperonium, expert at expert things, nobel laureate, can hold my breath for 10 minutes. Re: How much compensation should I ask for 40Sep 20, 2016 8:00 pm It is very rarely built as a personal preference. The only reason it is done is to get more house on a block of land as it can be built closer to the boundaries and also it is cheaper for the builder. And it's not a personal preference for the OP. The builder messed up and yes they should be held accountable whether it be financial or by other means. I work with owner, he/she is my man on the ground and I instruct them when to visit the site and take photos and I have other tools in the bag. 4 15284 Ardo That is so funny! 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