Browse Forums Building A New House 1 Apr 27, 2011 1:18 pm Hi All, I am new to the building a new home game and was hoping that someone may be able to assist me with the following question. I know I can negotiate what is included in the price of the home ie; specifications, but can I negotiate the actual total price of the home? and if so, should I ask for a certain percentage off? Thanks for your help and this is an excellent site. Cheers Re: Negotiating Price of Building New Home 2Apr 27, 2011 1:58 pm There is no harm in trying. We didn't do well in this area. We got a small discount off an inclusion and there was a promo going for our aircon package but apart from than no discount from the actual house price. Re: Negotiating Price of Building New Home 3May 04, 2011 12:13 pm Certainly helps to try... It will depend on the builder but we managed to get 11% off the total price.. We got a few quotes from different builders then used that as a basis to argue where you felt things could be better priced. They still had to list everything as priced by them but they gave us a 'block' discount at the end and put the carpets through as a 'bonus'.. Good lcuk! Building in Adelaide, SA Slab poured 08/09/2011 Handover 18/01/2012! WORLD CONCEPT HOMES Our build thread: viewtopic.php?f=31&t=44725 Re: Negotiating Price of Building New Home 4May 04, 2011 12:21 pm You can only ask. And at the worst they will say no. But you won't know until you ask. We got a fair discount on ours from the private builder. But then they went bankrupt so we actually ended up with the house cheaper again. I don't however recommend this course of building LOL. Some things are worth waiting for. Re: Negotiating Price of Building New Home 5May 04, 2011 12:57 pm Also by securing a discount you have no idea what corners will be cut to achieve it. I would pay to get the job done to a good standard. Re: Negotiating Price of Building New Home 6May 04, 2011 1:29 pm Has anyone tried negotiating with a Project home builder? I know their margins on the base price of the home are supposedly pretty thin, but I'm also thinking about whether there are things I can do myself that might reduce the base price if possible. Probably mainly stuff after lockup such as painting and other things I can't think of right now Is it just a report written to give to the bank initially and it is based on what and how your payments are made up for, or is it a full service where they go out and… 2 6090 Hi Suku18 In NSW the statutory required insurances are: 1. HBCF ( Home Building Compensation Fund) - This is if the builder dies or goes broke. But this only covers 20%… 1 3183 Just to makea point about this, an approach that some people have found sucessful in negotiating these rises down, Is to provide some workings to the builder, specifying… 4 82904 |