Like many other people we have also been lurking around the forums here reading, dissecting, analyzing and whatever else you want to call it in an effort to try and learn from other people's experiences and hopefully get through this scary but exciting adventure as unscathed as possible. Thanks to so many people already, particularly those who are building and have already built Marcoola 32's. The information here helps fill a lot of the gaps that these building companies, their sales staff and their admin seem to leave blank.
We're using this as a diary for ourselves so we can look back and relive the journey as well as maybe helping others discover ideas or pitfalls that they may not have considered. So.....here goes!
To begin the story in December 2017 we began looking for pre-owned houses that suited our needs as we decided that our current home would be over capitalized if we tried to modify it. After so many months of looking we just weren't finding what we were looking for, not in our price range anyway. This inevitably led us to display homes and it all started from there.
After looking through many different companies display homes we tended to gravitate towards Coral. During this time we still weren't 100% sure if we would build but after coming across a nice little small scale development in the far corner of Upper Coomera we were soon committed. One of the remaining blocks left ticked a couple of our boxes, slightly isolated yet suburban and the right price.
We signed up with an expression of interest (EOI) deposit being told the land would be registered by March 2018.
Armed with somewhere to build we then went back to Coral to talk turkey. Without knowing the exact design we knew we needed a plan that could have an additional double garage sized space incorporated under the roof line. This really narrowed it down and it was made even harder by the fact that Coral (these days) are seriously focused on production building, not custom! We found this out the hard way but that's a whole another story and we're back on track now. Small changes we were told were possible especially if they involved no modifications to the external dimensions of the plan. IE: changes under the roof like adding powder rooms to toilets, moving an internal wall here and there ect. Structural changes to the existing designs are something they were really not willing to make at the time of our inquiries.
All of this in conjunction with the size/shape of our block and our budget pretty much pointed us in the direction of the Marcoola 32. Luckily we really liked this design and weren't interested in going double story anyway so happy days.
We learned about so many things along the way and had to ask questions to which the answers may have seemed obvious to sales people and builders but weren't explained to us in the first place. We soon realized that this was going to be the "norm" and now we just ask until we understand the answer, no matter what.
In January 2018 our loan pre-approvals came through from ANZ so we signed the land contract in early February 2018 and paid the remaining amount of the full deposit. Due to a little hiccup early in the process we eventually met up with our new sales consultant in March 2018 to run through our plans and get a new quote generated. March came and went and we could clearly see the land was still weeks and weeks away. We learned from these forums that this is also a very typical scenario so we didn't panic or get frustrated...thanks Homeone folk! This gave us time to do more research and more reading.
We should make known something at this point. Unlike some folk we made the decision at the start to stay in our own home (as we own it), buy the land and then use a bridging loan to fund the building process. Our calculations suggested it would be no more expensive than selling early and renting which also means a double move, something we really want to avoid. Of course there's a risk with this strategy with timing it right and selling our current property but that's a calculated risk we are willing to take. We made sure we have allowed some leeway for this strategy but are obviously hoping it comes together for the best case scenario!
The land was finally registered in June 2018 and we have now settled so all in all for us it was only a 2 month delay, very reasonable I thought compared to what some people here have had to endure! The estate is open to the public and some people who have been ready to go for ages have already had there blocks cut and filled in preparation for their builds.
Our soil and survey tests came back this month as well [June 2018], and they recommended Class S slab which we took to be good news as our quote included $11.4k allowance for Class H1. Unfortunately all is not what it may seem with this information. There is other information included on the results sheet that also mentions the makeup of 3 different test drilling locations which also has to be taken into account. So our sales consultant (Darryll) explained that the final call is actually made by the Coral Homes engineers in regards to the slab construction, it's not purely based on what you read on the soil and survey result sheet...for those who aren't aware like us. The engineers will interpret all of the information as well as the companies building guidelines to determine the class of slab. I guess they're not going to risk structural warranty claims within the 6 year period so we may still have the added cost of the H1 slab. No problem, at least we understand now.
So as of this moment at the 30th of June 2018 we are awaiting the first round of our tender and discussions with our SC so instead of long winded stories covering months of time we will be posting more regularly as each event happens. Hopefully it will be of some interest or help to folks and also a source of guide for us by way of your constructive comments.
Cheers!
Timeline:
03/12/17 - Signed expression of interest for land
19/12/17 - Paid initial deposit to Coral Homes and received preliminary quote
05/01/18 - ANZ pre-approval for land and bridging loans
02/02/18 - Singed land contracts and paid balance of deposit
02/03/18 - Met with new SC to organize 2nd quote for the Marcoola
06/04/18 - Met with ANZ to sign loan documents
11/06/18 - Land officially registered
27/06/18 - Land settlement took place
29/06/18 - Received soil and survey results back from Coral
08/07/18 - Received preliminary tender to review
13/07/18 - Met with SC to go through amendments to tender
18/07/18 - Paid 2nd installment of initial deposit to continue to contract
10/08/18 - Received contract and relevant forms
17/08/18 - Met with SC to go through the contract and sign
17/08/18 - Paid balance of the initial deposit to commit to the project and keep evrything rolling
21/08/18 - Received Coral's pre-start information pack and booked colour selection appointment
23/08/18 - Plans lodged with council
07/09/18 - Met with National tiles for our tile selection appointment and received variation cost same day
12/09/18 - Confirmation of council approval for all building and site works plans.
20/09/18 - Colour selection completed at Coral Homes
21/09/18 - Clipspec selection completed
Big gap here as the bank went frigid on us after all of the inquiries into their lending criteria. So we decided to sell our current house and become a cash customer with Coral. A much better option financially but harder to do. Kind of glad the bank forced us into this situation. Anyway all done now and moving on with the build!
22/01/19 - Site start date announced for 06/02/19
06/02/19 - Site cut and fill
08/02/19 - Meet SS on site. Site prep. Safety fences, sediment control ect.
11/02/19 - 15/02/19 - Retaining walls and minor earthworks.
18/02/19 - Piering (lots and lots of it!).
20/02/19 - Trenching for underground plumbing/electrical.
21/02/19 - Underground plumbing/electrical.
22/02/19 - Frame up for slab.
25/02/19 - Slab pour.
26/02/19 - Slab finish and site clean up.
27/02/19 - Commencement of frame layout and erection.
28/02/19 - Continue framing up.
Our land! Our debt! Bring it on!
*Edit - removed a couple of images as we made some circumstance changes to the house plan. New final plans are shown below.
Final building and site plan
Building choices in general include the Elegance upgrade, Neo modern kitchen, Colorbond roof and steel frame promo, Option #2 2018 New home promo.
A few of the changes to the standard plan are as follows:
*Hastings facade
*Added extra single garage
*Increased size of Bed 3 by 400mm (activity becomes smaller by the same)
*Added powder to main toilet (Ala Kikkihome)
*moved hallway linen into activity to create a study nook (custom desk to go here)
*Increased the laundry cabinetry to 1400mm and added overheads
*Added broom section to laundry linen
*increased pantry size (sacrificing garage space) and added butler's with cabinetry
*Reconfigured kitchen island bench and moved fridge space adjacent to pantry
*Added waterfall island bench with undermount sink in lieu of Neo Modern bench
*Added opening in living room wall at activity area for shutters
*Bed 4 to have sliding doors adjacent to outdoor area in lieu of STD window
*Cavity sliding doors (CSD) to media room
*Added 1 x 0527 high set window in lieu of 2 x 2109 windows in media room
*Added a centralized CSD to master WIR in preparation for custom fitout
*Added boutique awning windows in a few places to keep a style flow where needed
*Thermal insulation to all external walls and acoustic insulation to master, media and bed 2 walls