Category Archives: the savvy way to build

Step 3 Choosing Lifestyle for the new home you plan to build for your family.

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Finance is approved and you have decided to build your new home.

Many of us then rush out and look at every display home and open house, looking for the ideal home, or worse still, buy a block of land with little research into how we can achieve the lifestyle we crave with the budget we need to work with.

Great to look at display homes etc for ideas, but remember that all builders’ plans are copyright protected and can only be built by that builder, regardless of the changes you might make to them. Good idea to see what land is available, but no sense buying a great block by the ocean or a bush block located a distance from your work and other activities, before knowing the lifestyle home you will want on the site will work to your budget. Possibly, with your busy lifestyle, a smaller site closer to your activities will better address your budget and lifestyle needs.

Always good to have someone with building savvy, and who is also totally independent, help with sorting this. If you already have the land then a great home which addresses your lifestyle can be designed and built on almost any site, provided the budget is balanced at the same time.

Lifestyle!             The choice is yours.

Step 2 – Renovate or build new to create your home design within your available finance.

Ask yourself “why do I want to change how or where I live”?

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Your present location works well for you, so a makeover or renovating existing home is possibly a great option. Obviously you recognize the increased cost per square meter of renovating compared to building new, and while a renovation will allow you to stay in the present location, there will be design restrictions depending on the layout and age of your present home.

Many have found the most realistic solution is removing the existing home, then, with total flexibility of design and control over the cost per sq m, design and build their dream home right where they now live.

Check, that if you later need to sell and relocate, renovation costs will not make it difficult to sell at a fair market price due to over capitalization.

If possible, remove emotional attachment to your home, and as a final check, compare the extra cost and inconvenience of renovating, to demolishing or selling, and building new.

Watch for step 3      Thumbs up

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