Yates Blog

We Reveal How To Design And Build The Highest Quality Home Within Your Budget

We Reveal How To Design And Build The Highest Quality Home Within Your Budget

NEVER Choose A Builder Who Can’t Show You This!

Did you know that the majority of luxury home builders provide incorrect completion dates on the building contract?

Most of them make a guess for the build time, simply because they don’t invest the time needed on the schedule while quoting.

So, the million-dollar question is – how can they quote your home properly if they haven’t even worked out the details of exactly how long it will take to build?

Many luxury builders try to win contracts by having short and unrealistic project time frames, caring more about signing a contract than delivering homes within the agreed time.

Unexpected time delays due to a builder’s poor organisational skills, lack of experience in building these unique custom homes, and failure to establish and work to a plan can be quite stressful and costly.

For example, while building your new home, you may be renting as you wait to move into your new home.Untitled design - 2020-06-10T095959.475

If your builder has promised an unrealistic time frame or is inexperienced and disorganised, it is highly unlikely that your new home has been scheduled accurately and you will likely have to continue renting for months longer than expected.

The consequences of this are felt by you being unable to move into your new home by the expected time, incurring unforeseen costs, such as additional rent, on top of any mortgage costs for your new property or interest on loans, and the inconveniences and disruptions to your life.

When you sign a contract with your builder, you expect your home to be completed in the agreed time and you often make plans around this date in anticipation of settling in and inviting family and friends over.

You may hope to have your home finished in time for the festive season, and while some builders agree to this time frame in order to get the contract signed, if this is not a realistic timeline, you are only left frustrated and disappointed.

If you are renting, you could be forced to extend your lease, which can leave you facing unpredictability and unable to make long-term plans. This also affects your accounting calculations and you are left in the dark with relation to the handover date.

As you can see, timing is extremely important when building a luxury home, which is why you must engage a proven on-time builder who is organised and highly experienced in luxury home construction.

The way to quickly identify an on-time builder is to ask this simple question when they present their quote:

“Can you please show me the actual detailed time schedule of my home build that you will be working from (from start to completion)?”

This is the schedule that your building team will adhere to day by day, to ensure that your home is completed on time. A build schedule varies in size depending on the home, but as a general guide, for a luxury home, it will, at the very least, comprise of 200 items categorised from the start of the project right through to the completion.

If you are truly dealing with a professional luxury home builder, they will ensure that no unrealistic promises are made with regards to completion dates and they will be more than willing to produce this detailed time schedule for you.

In addition, you can also ask the builder to show you some of their recently completed projects and ask for the contact details of these clients to see whether their homes suffered from timeline problems. Trust me, these simple questions are worth their weight in gold. They are reassurance that you are dealing with a professional builder who will get your home built on time, exactly how you want it, and will protect you from choosing a disorganised and inexperienced builder.

This can save you tens of thousands of dollars and unnecessary frustration and disruptions to your life.

 

As Sir Winston Churchill so wisely said:

“He Who Fails To Plan Is Planning To Fail.”

Before signing any paperwork with your preferred builder, click here to learn the critical questions you must ask and be certain that you are, in fact, dealing with an organised professional builder who has your best interests at heart.