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How To Realistically Budget Your New Build

Diving into the deep end of building a home can be stressful, especially if you’re not confident in your budget or how much you’re expecting to spend. Getting approval for a loan is exciting, but you don’t really want to put all of your eggs in one basket and stretch yourself thin. To make sure that you get the keys of your new home and get to enjoy it rather than despise the fact that it cost you so much, you need to be prepared in the early decision-making stages.

Homeowners often worry about the unexpected costs that come with having a property (or building one), but that doesn’t mean many hiccups and unnecessary expenditures can’t be avoided – in fact, they’re easy to avoid. With some careful evaluation and research, you’ll be able to build a home that not only suits your budget but can be even more affordable than you expected.

Know Your Land

The first step in budgeting for your build is understanding your lot of land. If you haven’t purchased your land, there are many factors to consider before doing so. What is the size of the land? Is it sloped or flat? Are there any restrictions or obstacles on the land? Will it benefit you to pick a house and land package instead? Depending on the area you purchase land in, it’s good to understand what Council requirements you need to abide by. Examine your land as best as you can to keep unwanted surprises at bay.

Select Upgrade Packages

Walking through a display village can capture your heart, but many display homes are built with upgrades that are not included in the base price. Be sure to ask what you will get and what you’ll be expected to pay if you want the extra bells and whistles. With New Edge Homes, our Standard Inclusions are a standard above the rest – it means that you will get more with the base price of the home. For added value, we also have a selection of Upgrade Packages that can save you thousands of dollars off the retail price. Ask one of our friendly sales experts about what’s on offer.

Research Additional Wants

Think about what you and your family would like from a new home. How many bedrooms? Do you want an alfresco to entertain? A quality stone benchtop in the kitchen? Maybe a large walk-in wardrobe? Whatever your expectations are, prioritise them and work out the additional costs for each feature. As mentioned above, you may find more value in opting for an upgrade package that will work with your budget.

Make Compromises

After prioritising your wishlist, work with your budget to eliminate the features that are least important to you. It’s essential to compromise on what purchases you make for your home otherwise costs start to add up, often unknowingly. There are a limitless number of additions that can make your house more luxurious, but be realistic about what will make you comfortable both in lifestyle and repayments.

Speak To Our Sales Team

Building a brand-new home should and can be an enjoyable experience – you just need the right builder! Let us help you take the stress out of the unknown and contact New Edge Homes. Not only are our prices affordable, but we also have an expert team who will give valuable advice on how to build a double-storey house that suits your budget. Visit newedgehomes.com.au today.

Testimonials

Building a New Living Home has given me confidence that I can easily embark on building a home rather than buying a place, and get a better house/ home rather than a small flat. But you have to choose a builder that KNOWS how to build, that builds exactly how the design dictates. A builder who can deliver what they say, when they say. A house that won’t look daggy in years to come is important too, and New Living Homes did just that. The overall investment has worked out well too, growing in value is a short period of time.

G.Pace

”The idea of our brand new home is still really sinking in as we never dreamt of building or ever own. A VERY big thank you to New Living Homes for giving us a brand new home! You’ve made our dreams real!”- Grevillea 4.1, Elegance Facade

L & M King

We would just like to say a massive thank you once again for all your help with the house. We moved in on the weekend and we are loving it ! So thank you for being part of the team that made our dream come true.

Belinda, Jordan Springs, Acacia 4 Urban

I love that my new home is mine!!!! There is nothing I don't love about it. The finishes are great and it is just perfect! I love showing it off to people and all of my friends and family love it and always compliment the design and workmanship.

B.M - Spring Farm  

‘’From the very beginning, our experience with New Living Homes has been nothing but amazing. From our very first meeting at Spring Farm, to the accounts team, to the pre-construction team, and our Construction Manager on site, nothing was ever an issue, or a question too stupid’’.

Rebecca & Steve - Jordan Springs 

‘’I have been extremely happy with my experience with New Living Homes and have told anyone and everyone about our build. Everything went smoothly and yes there were a few problems but our site manager sorted them out as quickly as he could.. Throughout all the build, nothing was too much trouble for our site manager’’

Debbie & Brian - Jordan Springs 

After hearing some horror stories of people building their homes we were fairly nervous to see how it would all
unfold however from the very first dealing with New Living Homes we could not fault a single thing. I would like to
give special mention to Emma from the Brooks Reach Display who was very accommodating with us pestering her
with what seemed like every week as we would be checking different things in the display home.

Tim & Kara - Flinders

My experience was excellent. This was the second house I have built in 4 years and the whole experience was a pleasure from start to finish. All of the sales team were very helpful and very responsive to each and every enquiry I had.

Damian & Lauren - Spring Farm 

Building with New Living Homes has been a pleasant and enjoyable journey so far, and we know we have Sandra to thank for this. Her customer service is second to none, and has made all the difference in building this time round. My husband and I just wanted to make sure recognition and praise was given where it is due. Thanks again for everything Sandra! We are looking forward to more builds with NLH. 

D.E, Marsden Park 

I always thought that building a house in Australia would be a nightmare like everyone told me but it was more than a pleasure as I was never troubled about anything. The process was as smooth as a butter.

Thank you guys, its because of your amazing team work, good flow of communication and the zeal to work hard to let people achieve their dreams, has gotten us what we really wanted. -

Monika & Mayur, Elara 

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