In some parts of Australia, land can be the most expensive component of building a home.
Because of the demand for land, and lack of supply, prices are continually increasing. Location is the main factor in regard to the price of land.
A foundation is a stronghold for any house. Depending on the type of foundation you choose, the cost varies too. For instance, the cost of a slab foundation on flat land is cheaper and simpler than a raised pole home with timber flooring.
Another expensive part of building your home is the framing.
Costs are continually increasing and timber is in short supply at present. There are also long wait periods for materials and labour by qualified carpenters and builders so this can impact the total cost of the construction.
The cost of framing depends on the type of materials you will use. Framing is the backbone of a home hence quality and plenty of materials are needed. The bigger the house, the more expensive the frame will be. On the type of frames, most people use timbers, but steel is a popular choice also.
Internally, the most expensive component within the building is the kitchen and bathroom areas. These are commonly known as wet areas and have a lot more detail in them than the open spaces such as the lounge room and bedrooms.
Kitchens and bathrooms are generally the areas which date quickly and are ripe for renovation more often than other rooms. Tiles and fixtures are continually going in and out of fashion with new trends coming out every year or so. A home for sale is usually quick to sell and more desirable on the real estate market if these areas have been recently updated and can increase the sale price for the owner.
When building a brand-new home, these areas require the most planning with budget and taste in mind.
There are many things to consider, from floor and wall tiles, appliances, such as oven and stove-tops, fixtures and fittings, such as tapware, and even light fittings.\ Because these areas contain the working components of the house, plumbing and electrical outlets, such as pipes and power points are found here, and these tradespeople are expensive to hire also. Therefore, labour costs by professionals can also be another expensive part of building a house.
Plumbing is a vital factor in any building structure. Plumbing enables every house to access the water inside the house. If not done well, there will be consequences such as leaks causing major problems. Plumbing requires a specific set of knowledge and skills by qualified tradesmen.
Also, put in mind the size and the types of pipes you will need. Then there are the plumbing fittings such as toilets, sinks, and bathroom showers. These items can be expensive, and the types vary depending on the brand so you need to be disciplined with your budget.
The exterior finishes on the outside of the building include the cladding, such as brickwork or timber weatherboards, landscaping plants and lawn, fencing, garaging, carports and pergola areas for outside living.
The interior finishes are one of the most expensive parts when building. Interior finishes on the market cost more than even the roofing materials. The interior finishes include cabinets, tiles, doors, door handles, mirrors, lighting, painting, and many others.
Above are some of the components of building your home that are considered expensive. All together, they need to be co-ordinated by experts who have extensive experience with the building process, thereby not blowing your budget. The process of building is a difficult task and requires all your attention so by utilising the invaluable services of a professional consulting team, you can leave all the stress behind and sit back and enjoy the experience. While planning, remember to budget. It is essential in understanding all the costs needed to build a house.
To navigate your way through the maze of choices, trades, trends and costs within your individual budget, it is imperative to have a building broker working with you. We are experienced in all these different areas of the build, from concept to completion and can bring it all together for you within your budget in one seamless and stress-free building experience.
Mistakes can be costly, so to prevent them, a building broker such as Drake Home Consultants will be there to guide you through and prevent any potential delays and mistakes and break-down in communication between you and the builder and his tradies.