Tips when considering your Building project

At Horus Wealth Strategies we are committed to helping you find the perfect house & land package. Our team of experienced real estate agents will guide you through the entire process, from searching for listings to helping you create the ideal outcome. 

We pride ourselves on providing a personalised service with attention to detail, ensuring that every client is satisfied with their experience. Whether you are a first-time homebuyer or an experienced investor, Horus Wealth Strategies are here to help you achieve your property goals.

1.  Are you building your dream home, or looking to for investment purposes.

2.  Understand how finance for building a home is different to buying an established property and how progress payments work. Knowing what to expect will give you peace of mind. 

3.  We reveal what information is required to receive a building approval, so be aware that this may vary involving particular process. We help minimise this, due to our existing relationships of working with a professional builder s, and have established long term relationships. We are well organised and have in most instances obtained all the necessary reports to avoid delays. 

4 (i) Research

• Proximity: Check the distance to work, schools, and family. 
• Amenities: Look for nearby shops, parks, public transport, and healthcare facilities. 
• Future growth: Research the area's development potential, which can affect property value and lifestyle. 
• Community: Consider the neighborhood's atmosphere, including factors like safety and noise levels.     
• Reputation: Look for builders with a strong track record, positive reviews, and a good reputation for quality and timeliness. Luckily Horus will have already sorted this part of the process for you.
• Experience: Visit your chosen builder's display homes to see the quality of their work firsthand. 
• Registration and insurance: Ensure the builder is registered and has domestic building insurance. Again, we will have taken complete care concerning this. You can be assured of quality.
• Total cost: Understand the total cost, including the price of the land, house, and any potential upgrades.  With us, you'll receive comprehensive details.
• Excluded costs: Be aware of extra costs that are often not included in the base price, such as site preparation, landscaping, driveways, and fencing. Make notes and confirm details.
• Financing: Discuss loan options with your bank or your broker. You may need separate loans for the land and the construction, which are often bundled together. We can help in these matters.
• Stamp duty: Note that stamp duty is often paid only on the land component when buying a new package, which can be a significant saving. Currently there are many other incentives available also. Make sure you seek appropriate advice accordingly.
• Budget buffer: Build a buffer into your budget for unexpected delays or costs. They may not eventuate, but be prepared, ultimately stick to agreed contractual conditions and don't deviate.
• Customization: Therefore understand what customisation options are available and what they will potentially cost. Review what's included in the base price. Get all agreed changes in writing.
• Contracts: Read all contracts carefully. You will typically sign the land purchase contract first, followed by the building contract. Appoint a quality conveyancer or lawyer.
• Final payment: Do not instruct for the final payment to be made until all potential defects have been addressed after your final inspection. Again, we will have minimalised this, as we only deal with construction companies of the highest quality.