Budgeting for a custom home is more cost-effective than you might think. There is no fixed price for a standard house plan. And you are not only relying on the builder’s chosen raw materials, fixtures, and furnishings. When you are free to choose everything from raw materials to finishes, you end up spending on the home building costs you can afford.

If you are looking for custom home builders in Melbourne, you must start with understanding the cost factors of customising a home. Because knowing how much can be spent is better than your willingness to spend on unnecessary construction.

In this blog, you will discover all the cost influencing factors that add up in custom home construction. So, keep reading the blog till the end to get started with planning a budget first hand.

Checklist of Cost Factors for Budgeting Your New Custom Home

Let’s start with understanding the initial expenses and slowly progress towards the large costs associated with constructing a custom home.

·        Cost of the Lot:

Buying a lot is an expense that covers more than half of the total home-buying costs. Choosing a plot in an ideal location is a crucial step in the custom home building process.

Custom home builders in Melbourne have knowledge and experience in providing the right advice to choose the total square feet of the plot to build a well-integrated home. Here are a few factors to keep in mind:

• Cost of land on average.
• Shape of land.
• Changes required in a land like excavation, compaction, and soil-testing.
• Land’s access to water, electricity, sewer, and cables.

·        Home Layout:

A home layout is one obvious cost factor in designing a home and must match with the lot’s size. Custom home builders in Melbourne have a standard to custom house plans. When you choose a customisation benefit, you also have to consider your priorities. And for this reason, it is best to create a list of features you need versus those you want. Essentials should take priority in your budget, while you can scale back or eliminate the wants if necessary.

Consider the following features in a house plan when budgeting:

• Number of bedrooms, bathrooms, and any outdoor area.
• Decide on the total square feet area for your house.
• Location of the house.
• Inclusions available in a home plan, including appliances, doors and handles, tapware and basin, flooring, wall details, electrical connections, stairs, roof tiles, bricks, garage door, fascia, downpipe colours.

Many custom home builders in Melbourne offer promotional packages to include some of these features as a bonus inclusion without additional costs.

·        Construction Loan or Mortgage:

You must also budget for a mortgage or construction loan. Besides the initial application fees and legal costs, paying deposit and interest over the term of the loan is a high-end expense. To reduce these costs, availing a benefit of a pre-approved construction loan confirms your financial capacity to build a custom home. Many house builders offer flexible financing options in the House and Land packages as well.

Here are some costs you must consider:

• Construction loan costs including interest-only payments, loan establishment fees, valuation fees, lender’s mortgage insurance.
• Home loan costs involving stamp duty, legal fees, loan application & settlement fees, and title registration fees.
• Ongoing costs on water, electricity, and council taxes after owning a land.

·        Cost of Materials, Finishes, and Fixtures

Besides all of the above cost factors, you must take into account the costs of raw materials, finishes and fixtures. The more premium quality materials you choose, the higher the costs will be. Consider these factors:

1. Price of Raw Materials:

• Lumber for framing.
• Concrete for foundations, driveways, and other sidewalks.
• Drywall sheets for walls and ceilings.
• Asphalt, metal, or tile for roofing or bathroom flooring.

2. Price of Finishes:

• Hardwood floors
• Laminate or tile flooring.
• Wall tiles for bathrooms and kitchens.

3. Price of Fixtures:

• Lighting.
• Bathroom plumbing fixtures.
• Faucets.
• Cabinets.
• Door handles.
• Other essential fittings.

Bonus Tips for Budgeting:

Here are some additional benefits to have when you are considering custom home builders in Melbourne. 

·        Home and Land Packages:

If you don’t want to get into the hassle of buying a land and then hiring a builder separately, then consider home and land packages are your ideal solution. Some builders offer this package that bundles the cost of land and home construction into one.  In these packages, the cost of buying and excavating land is also included.

It is a fixed-price package, is cost-effective, and a convenient way to reduce the costs of buying both of these separately.

·        Turnkey Package (Move-in Ready):

It is a fully furnished home package that is ready to move in. With a custom home builder, you get all the standard inclusions. Along with this, you are benefitting from the front and gear landscaping, coloured driveway, builders range blinds, builders range letter box, and clothesline.

·        Partner Upgrades Promotion:

Partner upgrades promotional package is a limited-time offer for house owners. You get entitled to certain premium features or upgrades like free of cost appliances. That too, at reduced or no extra cost.

If you are a value-focused buyer who does not hesitate in spending a few extra dollars in exchange for a higher home’s market value, then consider the promotional package as your best option.

Final Words

We hope you found this blog useful. As you see, planning your budget for building a custom house in Melbourne is crucial to avoid last minute surprises. Now, you are well-familiar with the cost factors behind purchasing a dream home from custom home builders in Melbourne. This involves assessing your desired home features, considering the total cost of the plot, the house layout, construction loan or mortgage house, and lastly the cost of fixtures and finishes.

Remember, the key is to understand the estimates  and choose the right package among the standard to custom home design packages, turnkey package, house & land package, or promotional packages. Choose Shri Homes in Melbourne as your ultimate partner for custom home design needs.

Interstate moving is a pretty time-consuming process. Particularly when you are relocating from Dandenong, Victoria to a suburb in New South Wales. Be it for any purpose, considering movers in Dandenong by Yes Movers is an obvious choice.

If you are looking for the interstate movers, you must prepare early before scheduling the move. Because it is highly likely to experience the hassle of arranging items in a rush when you don’t plan for a few considerations ahead. And to prevent delays in shifting, it is useful to make some efforts in advance.

In this blog, you will learn steps to plan for interstate move, starting with researching companies weeks before, creating a checklist of moving items, labelling contents in a package, and planning for the moving day. So, continue reading it till the end.

1. Start with Finding Items You Need to Move:

When planning for the interstate move, it is good to have ample time for planning, finding, and organising your belongings. Experts recommend taking at least 8 to 12 weeks before the day of the move.

During this period, you must find all the items hidden beneath the storage wardrobes, prioritise the most essential and nice to have belongings, and make the most important decisions. Earlier planning is a smooth experience to avoid unnecessary delays.

2. Research and Book Moving Company:

Researching movers in Dandenong for long or short interstate distances is definitely the next step to consider within 2-3 months. This allows sufficient time to analyse different companies before relying on one. Find the most reputable interstate movers, make an enquiry for quotations, and compare 3-4 of them against the services.

More than this, you must ask questions regarding the movers compliance with state regulations, insurance policies, and safety measures for fragile or valuable items. Depending on your budget and overall satisfaction, make a final call and book an interstate removalist.

3. Declutter Items:

Removing unnecessary items off the house must be a part of your early planning. Particularly when your home or office space accumulates old, broken, or a simple waste you no longer want. This will reduce the loading weight and also the costs associated with it.

However, disposing of these items in an eco-friendly way is the key. You may also donate some of the items that could be of some use to others. This step is crucial before you call the movers in Dandenong for the packing.

4. Create a Checklist for Tracking Items:

Create a checklist of belongings you are planning to pack ahead. This will serve as a record of items you are taking along with you. Also, writing down a list of items beforehand lets you claim for insurance against any loss or damage to your packages.

5. Secure Valid Insurance:

When moving interstate, it’s important to ensure that your belongings are adequately covered against any mishaps.

Most of the interstate movers offer public liability insurance for third-party who might claim for accidental death, injury, legal costs, or damage to their property. This is helpful during the process when movers in Dandenong are loading, transporting, or unloading items like furniture, fragile goods, or other heavy items.

6. Label Each Package:

While some of the best working interstate moving companies consider packing as part of their service, it is your responsibility to label each of the packages before sealing them.

It is good to label each box with the location it belongs and contents inside it. As the best safety measure, you must pack heavy books in smaller and lighter items in larger boxes. You must ensure that your mover secure fragile items with good foam padding for damage-free transportation.

7. Notify All the Important Service Professionals:

Before you schedule a move with movers in Dandenong, it’s essential to update your employer, bank, insurance provider, post office, utility companies, and healthcare professionals about your interstate move. Updating your relocation ahead of time will ensure that you don’t miss any important bills, documents, or cancel any ongoing services.

8. Plan for Moving Day Logistics:

On the day of your move, there are several things to consider. You must first confirm the time of arrival with your moving company, type of loading vehicle, safety features like air suspensions or GPS tracking systems, and planned route.

When handling cargo, your removalists must also know some special instructions. You must ensure that your chosen movers in Dandenong keep every item in the best shape and condition throughout the process.

Additionally, planning on a parking lot, keeping documents, valuables, and securing any handy items is your responsibility too. If you have pets, arranging for their comfortable and secure stay is crucial as well.

Prepare for Unpacking and Settling In:

Once you arrive at your new location, the work isn’t over just yet. As soon as the truck of the removalist arrive at your new location, keep these things in mind:

• Unpack essential items first (bedroom, bathroom, and kitchen supplies).
• Recheck your checklist to ensure all items are present in good condition.
• Organise one room at a time to avoid overburdening yourself with piles of work.
• Explore your new neighbourhood and begin setting up utilities, services, and local emergencies.

Final Words

We hope you found this blog useful. As you see, an interstate move is hassle-free, timely, and cost-effective when you are planning for the above steps 2-3 months before the moving day.

Remember, each of the above plans of actions are easy to follow with the right movers in Dandenong. Be confident that your belongings are in safe hands as you trust Yes Movers for interstate moving. With over 15 years of experience, the removalist company is licensed, accredited, and insured for safe and efficient movement of goods. Enquire for the quotation and ensure break and repair guarantee on your move.

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