Top Costly Mistakes to Avoid When Building a New Home in Victoria

May 28, 2024
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Thinking of building in Victoria? It’s an exciting venture. To ensure it stays a romantic one, it’s always essential to be aware of some of the realities. From unexpected costs to budget blowouts, many homeowners find themselves facing stressful situations that could have been avoided.

At JG King Homes, we understand the importance of keeping your building journey on track and within budget. That's why we've put together this guide to help you steer clear of the most common (and expensive) mistakes that can derail your dream home project.

Underestimating Site Costs

The cost of your land is just the beginning. Site costs, which cover expenses like excavation, soil testing, and connection to utilities, can significantly impact your overall budget. Underestimating these costs can lead to a nasty shock when the final bill arrives.

A Solution:

Work with a builder like JG King who’s transparency will help you budget accurately and avoid unexpected expenses.

Changing Your Mind Mid-Construction

While it's natural to have a few design tweaks along the way, major changes during construction can be extremely costly. Whether it's moving a wall, upgrading finishes, or adding an extra room, these alterations can cause delays and require additional materials and labour, resulting in a significant budget blowout.

A Solution:

Take the time to carefully plan your home design before construction begins. Consider all your needs and wants, and finalise your choices as much as possible. This will minimise the need for costly changes later on.

Skimping on Insulation and Energy Efficiency

Cutting corners on insulation and energy-efficient features will cost you a lot in the future. Poorly insulated homes can lead to high energy bills, uncomfortable temperatures, and the need to use appliances more to get the right climate.

A Solution:

Invest in high-quality insulation and energy-efficient appliances, windows, and lighting. While the initial cost may be higher, you'll reap the benefits in the form of lower energy bills and a more comfortable living environment. JG King Homes has a 7-star energy rating standard, ensuring that homes are built to the most energy-efficient level.

Choosing the Wrong Builder

Selecting the right builder is crucial. An inexperienced or unreliable builder can lead to delays, subpar workmanship, and even legal disputes, all of which can significantly increase your costs. Moreover, Australia has been marred by a series of unfortunate builder closures recently, so choosing a builder with a sustainable business is imperative.

A Solution:

At JG King Homes, we pride ourselves on having a highly secure business practise, with transparent pricing, an experienced team, and a commitment to delivering high-quality homes

Building Your Dream Home with JG King Homes

By avoiding these common mistakes and partnering with a trusted builder like JG King Homes, you can ensure that your dream home becomes a reality without breaking the bank. Contact us today for a free consultation to discuss your project.