Your new build checklist
The more you know about the key milestones in the building process the better – so that you can manage expectations and importantly, put some plans in place to make the most of the experience.
1. Discovery and research
Exploring display homes, meeting builders and walking across blocks of land are important steps in the research phase of your new home journey. Building a new home is a significant investment, so it makes sense to be diligent about reviewing your options and consulting experts. Take the time to use the resources available to you – interactive websites, visualization tools and face to face conversations with consultants.
2. Compare quotations
Each builder you meet will have a different set of inclusions and a seasonal promotion on offer. Comparing them side by side to check what works for you will give you a clear picture of what options you have available for your budget.
3. Secure your decision
Once you have made your decision, whether that be for a home build on your already purchased block of land or a turnkey house and land package, you will need to pay a deposit to the builder to secure the price and start date.
It’s worth taking the time to read the fine print what terms and conditions you’re committing yourself to.
4. Agree on the detail
Depending on individual builder processes, you may be invited to a product selection appointment to choose the upgrades, colours and finishes for your new home. Most builders will have an interior stylist to help you with your selections, but it does pay to have some ideas on the ‘look’ you’re going for.
Once your selections have been made, it will be time to sign your building contract and get the construction process started.
5. Coming to life
It can take up to 12 months to build a new home, depending on various factors such as building size, design complexity, developer requirements and even the weather can make a difference. The key stages of the process are: site preparation, base stage, frame stage, lock-up stage, fixing stage, completion and settlement; which all correspond to the stages as outlined in your signed building contract.
We want you to enjoy a great build experience, but nothing compares to the qualified opinion of a legal professional. Any home build information in this article is for general informational purposes only and should not be considered as a substitute for professional legal advice.