Running a contracting business can be very lucrative. However, it can also be very complicated. One of the biggest challenges that you will face is meeting timetables without compromising the quality of the construction.
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How can you build a beautiful home for your customers without missing deadlines?
If you’re looking to build a home and have no idea where to start, you’re not alone. While reality TV makes great drama, in real life, a smooth and on budget project is ideal. If you’re feeling a little overwhelmed by all the planning, permits and design preparation, consider buying off-the-plan. We don’t mean the humble spec home, rather, consider building a new home with an established production, custom builder who offers standard designs and an array of customisable features. Read below for how the humble display home approach has undergone a makeover in 2019.
A standardized home can still exude a lot of individuality. Think custom finishes and fixtures like luxury upgrades such as grassed roofs, make-up stations and steam rooms. You might be surprised what your builder has on offer. If you can’t see what you want, it never hurts to ask. You might also want to upgrade some of the structural aspects of your home, especially if you want to build up or modify it in the years to come. Think steel-framing, higher ceilings and enhanced use of passive solar design principles. Look for a company that also offers customization in the choice of color schemes, so your decor can also suit your aesthetic preferences.
On the other end of the spectrum, you may want to build an investment property and lease it out. Leasing a new home can be a sound financial decision, especially if you have a large block where you knock down the existing structure and build two units or duplex style. In fact, this option is popular for people who want to live mortgage free as, subject to council permission, you can subdivide. Sell one property and pay off the one you want to live in.
Investment properties can also range from affordable lodgings with hardy and simple finishes through to the luxurious smart home that is fully integrated with the latest technology. Whatever your choice of investment, building to suit your location (and likely demographic that will want to rent your home) increases the odds of you securing tenants. Australia’s rental market fluctuates, so those near facilities and transport are a wise option, even if they’re not uber close to a major capital city.
If you want a truly hassle-free build, shop around for a company that can provide a range of build types from the budget conscious to the luxurious. That way, you can see what elements you want to splurge on and where to save money. The best way to get a sense of the style that a build company offers is to go see their display homes for sale and to check out their work in previous estates. Reputable companies will also have good reviews online. From here, you can even opt to be hands off and let your building company coordinate all the nitty gritty details from permits and design through to construction and lock up.
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Do your due diligence as a home builder
Being a contractor isn’t easy. You are going to need to take a number of steps to make sure that your homes are built properly to avoid losing the faith of your customers. Fortunately, there are a lot of tips listed here that will help you meet these goals.
