Welcome to the first part of our series on building costs. Throughout the series we’ll look at all the different costs you may encounter when building a home.
This first part is all about buying land.
Building your dream home is such an exciting milestone! It’s the perfect way to ensure you get the house you’ve always dreamed of in the perfect location, and that every little detail suits you and your preferences.
But there are costs and considerations to be aware of before you jump straight into purchasing land. Here are some of the basic costs you can expect and things to consider when choosing your block of land:
When choosing a block of land there are a number of factors to take into consideration when organising your budget.
For example, a steep building site will be more expensive to build on than a flat site. Other extra costs may include having the land surveyed, access roads, driveways, water tanks, septic system, power, phone, dams etc.
It may be a bit tricky to foresee some of these costs on your own! So, if you find a block of land you’re happy with but are unsure about any of the above items, we’re happy to visit the site with you to assess the situation and provide advice.
BUILDING ENVELOPE & ZONING
Many blocks of land (large and small) will have a specific area allocated to building so it may not be possible to build where you like. It is also essential to check the zoning of the land to ensure that your ideas are permissible.
As you can see there is a lot more to consider when purchasing land than when purchasing a home, but it’s so worth it!
Just remember that the first block of land you see is not always going to be the perfect one. Being prepared with these considerations will totally pay off. There’s nothing worse than finding the ‘perfect’ block of land and then finding out you can’t do everything you wanted to do, or that it’s going to break the bank!
And always be sure to find a build/design team that can work with you, your vision, and your land to build the home of your dreams.
Stay tuned for parts two and three of our building costs series as we explore more of the costs you’ll likely encounter when building a home.
We’d love to hear about your ideas for your dream home! Get in touch with us today!