Oct 11, 2021 6:05 pm
I want to build a new home, and I don't yet have a block of land. Not surprisingly, I have a limited amount of money to spend on the complete build (house and land). I have contacted a few larger builders and asked whether we can get together to discuss possible modifications and get an indicative price. However, they all tell me they won't do this until I have a block of land.
So here is the dilemma (which I have explained to the builder): If I buy a block of land, and the house price is too high, then I can't get the house I want. And I don't want to buy the smallest/least expensive block of land just to ensure I may be able to afford the house. This process seems absurd. Surely it makes sense that someone would like to know the price of the house, so they then know how much they can spend on the block of land (which they will do first).
Is this common practice?
Re: Getting a price2
Oct 11, 2021 6:10 pm
You can ask a copy of their price list for all their designs so you can have some ideas of the design you like and base price indication. If you don’t have the site yet, they cannot really help with the site cost, e.g slop, easement, bushfire zone etc.
Re: Getting a price5
Oct 12, 2021 9:44 am
Volume builders probably won't give you a detailed total cost without seeing your land. The aspect of the land and even where the land is can really determine the house you can build. They might be able to give you a quote if you pretend you have a regular sized flat land. What if you end up buying a land on a slop and on a main road. Some builders probably aren't even willing to build after all.
Base price is all they could show you without seeing your land, which is pretty much the same as what they have on their website.
However, you could possibly ask for the extra cost of their standard alternations on their floor plans. Most volume builders offer alternations such as, guest bedroom, extra ensuite, fifth bedroom, grande sitting, large WIR etc. They should be able to tell you how much extra these cost if you want any.
Re: Getting a price7
Oct 12, 2021 10:20 am
I approached a few big builders, their final quotes were between $150k-$200k extra on top of their website base prices. This included site costs, plan alternations and upgrades, but no landscaping. Hope this give you a ball park idea?
Re: Getting a price9
Oct 12, 2021 9:33 pm
It really depends more on your choices, than the builder. Usually the base price they give is for a flat block of land with S or M class soil and standard inclusions.
So if you're happy with those inclusions, and you find an S or M class block, that fits the house you like, you'll be able to build for not much more than the price they give you. You'll probably have to allow a bit extra for driveway, landscaping and blinds. If you're not happy with the standard inclusions - the sky is the limit. You can easily spend 10k+ just on a fancy kitchen bench stone, if you like.
Re: Getting a price10
Oct 13, 2021 6:01 am
Thanks Strannik. I also have a few larger modifications, e.g. a few external walls pushed out up to 1m, a change in roofline, etc. It would be good to at least know if they can accommodate these modifications (even if they are not prepared to give the price).
Re: Getting a price11
Oct 13, 2021 8:01 am
A volume builder probably won't but most others will. But it needs to fit within allowable setbacks on the land you choose.
For example we're currently preparing a completely custom house build from the plans we drew up. The base price we were quoted is similar to the standard house of same area from their range with all standard inclusions. Then come all the extras like fancy tiles, kitchen/bath fitout, site costs for H2 soil and so on.
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