So I mentioned earlier that we had our meeting last night with our builder.
All did not go to plan.......the meeting was actually to get our preliminary costs back.
So here is our situation, we have a small awkward corner block and felt that using an architect and a boutique builder we would be able to utilise the block alot better than a design from a project builder that we would end up modifying too much.
We asked this builder form the get go if he thought he could achieve for our budget a house that included the things we asked for.
His reply was Yep I am pretty sure I can. We took this as shouldn't be a problem and there may be some hidden costs. We kept some dollars up our sleeve for "just in case" it ends up being a bit pricier.
Well the meeting last night came back to us with $140,000 pricier.........we kept some dollars up our sleeve like I said but only enough to fit up our sleeves literally ...
So the meeting ended with, doesn't look like we can build the house that you have drawn up for us to our budget Why did we give him a budget if it meant nothing.
We specificlly told him our budget for a reason and through the drawing process we kept asking are you sure we can do this????? Price wise.
Don't get me wrong we are realistic in what we thought it would come back with maybe $50,000 but the over and above is now unrealistic and we have wasted 3 months of everyones time.
We were honest in our sums to him, saying we can come up with a bit extra if we need. But he must of thought we were going to find alot extra because we have now fallen in love with the design..
So we are now waiting to here back from the architect to see what he thinks he can do with the design.
Our options now are
1.Sell the block and buy established
2.Wait and see what there new design is like$$$$$ wise
3. Put a cheaper project home on the block and trick it up so we enjoy it more
4.Build a cheaper project home to a nice spec and sell it.
All the while stay renting (in this busted arse house thats falling apart and costs an arm and both my legs ) and take our time making a very informed decision.
All I can say is our worst case senario is actually not that bad and we do have options. I know other people are having far worse issues with building at the moment but thats my rant for today...So hence my living through everyone esles build because I am still a long way off and I miss not sinking my teeth into something to do with building and being creative.
Thanks for letting me vent I feel better now.........