Hi everyone – I’ve had a number of PMs and comments on our blog regarding the build process with M, so I thought it may be helpful to start a new thread for all M customers to contribute to! Moderators if any info in this thread isn’t approved for general knowledge then let me know!
Please have a read through, post replies with any suggestions and modifications and hopefully we can make this a resource for future M customer to benefit from!
OVERALL TIMELINE AND CONTRACT PROCESS
Go and check out all the M displays that you can. See what floorplans appeal (or not) and you should be able to find at least 2 houses that you could see yourself living in. You’re able to make changes to the floorplan, so the house doesn’t have to be perfect as you see it (of course, changes cost money, but maybe not as much as you think).
When you find a floorplan to start from, get the sales consultant (SC) to give you a walkthrough. If they’re any good, they should be able to point out everything that is nonstandard (which is most things!) and what is.
$1000 secures your base price of the house, paid to your SC. Note: From this deposit date, you have 150 days to make the final contract unconditional – this includes such things as land settlement, demolition, finance approval etc. If not, the clause allows for an increase of 0.5% of the contract price (not base house price!) per month of delay.
After initial deposit, M will do a site survey and soil test… unless your block of land hasn’t titled, in which case, settle in for a wait!
At your preliminary contract appointment with your Customer Service Consultant (CSC), you’re presented with siting diagrams and initial floorplans. If (like us) you want to make changes to the floorplans, best you do them even before the initial deposit stage, so you can give them to your SC, and they should be drawn up for your prelim contract. However, at our prelim contract we had done maybe half the floorplan changes we wanted, and submitted further changes at this point.
As a rough guide, modifying our Nolan wasn’t that expensive for what we gained;
- laundry redesign (move door and add walk in linen) about $700
- powder room redesign (enclose WC and sink in one room, feature windows) $500
- ensuite redesign (swap toilet and shower, making huge shower) $500
When you’re happy with your prelim contract, cough up another $3000 to get the final contract drawings done.
Studio M colour selection, electrical and tiles – see the next few posts for info.
Final contract – despite what your CSC may say, there still is room to fine tune changes at this stage without penalty. We changed the internal access door handle, the kitchen sink and a few other things here as a “pre construction variation”.
M then will apply for your building permit, and have 30 days to start construction from the date the building permit is approved.