A knock down rebuild can be a viable alternative to buying a home, or doing a major renovation, however it’s important to go into the project with eyes wide open when it comes to the cost. To get the most out of your building experience you need to engage a builder who tells you upfront what is involved and what the actual cost will be. Too often, people discover hidden surprises along the way or find out not everything they’d imagined for their home is included; like discovering after the builder has downed tools and walked away from the site that landscaping and fencing are still be done.
The Complete Guide to Knock Down and Rebuild will help you understand the process. When you’re starting to research a knock down rebuild, here are some tips to consider:
What property value do you want to achieve?
The first step to building a new custom home is making sure you build a home that matches the suburb. Allura recommends doing some preliminary research into quality homes in the area that have sold. The home design and what you spend on the home should match what the market is looking for.
What are the hidden costs?
Unlike new estates for house and land packages, knock down rebuild projects are often on irregular sized blocks, and not perfectly flat, which is why custom home designs are often a better solution. The design can be customised to suit the block size, slope and orientation.
Knock down rebuild projects need to factor demolition into the budget, and if the block is sloping retaining walls may be required. When the block is clear and ready for building, it’s the ideal time to install a pool. It can be 10 to 14 per cent cheaper to install a pool at this phase due to the ease of access.
The right design can save you money
Building a custom home gives you the flexibility to design a home that works for you and contributes to energy savings. Designing a home to take advantage of the orientation of the block, and including windows and skylights in the right places for the morning, afternoon and all day sun, will maximise the warmth and natural light entering the home, and can minimise the need for air conditioning and lighting throughout the day.
With a custom designed home, you can also design the roof structure with more space to accommodate solar panels, facing north to help reduce energy costs. Nearly 60 per cent of homes built by Allura have solar panels installed to supply power for the home, or to heat the pool and run the filter all day. Solar panels have become more affordable, and many Allura clients see it as a long-term investment in their forever home.
The benefits of a custom home builder
Choosing a custom home builder like Allura Homes, means everything is completed before you move in. Councils will not provide a completion certificate until the driveway is laid, however the convenience of having everything managed and completed before you move in can save you money, time and stress. Allura Homes will do everything from design and demolition, to landscaping and boundary fences.
Allura Homes is confident that once you have a greater understanding of the knock down rebuild process, you will be ready to learn more about how Allura can help create your ideal home.
To learn more about the process of building with Allura Homes watch The Allura Building Series, which takes you through each step of building a home with Allura.