When looking to purchase a piece of land for your new home build, there are many factors to take into account, but one major item is often overlooked or not known about.
Builders because of their relationships with land estate and agents will most cases receive a better pricing outcome than an individual when it comes to purchasing land. Reason being the builder is a major supplier of leads to the estate and for this they are offered land at
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Tips for building a new home
Living and investing on the same piece of land
Tuesday, June 24, 2014
I currently have several clients we are building new homes for on their existing home sites. This is a great way of releasing the full potential in your land. The land cost in most cases is much higher than the new home build cost. Many clients sell one of the new homes off to cover the new build cost and the remaining homes are rented out creating a passive income more years to come.
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Build an investment in your backyard
Thursday, June 19, 2014
With the pressure on the retirement age being lifted many people are looking into building a new home in their backyard. This is a great idea with no cost for land and a rental income coming in relieves the pressure when retirement is coming up.
For as little as $180k you can have an investment property generating an income for you. Another option could be to sell the new home and land off, still leaving you in your home.
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Buying a new home build site
Friday, June 13, 2014
I was asked the other day to provide a quote for a new home build in Mernda. I sent an email to the land agent requesting a copy of the current engineering for the civil works.
After looking over the engineering I found the site to have 2.3 metres of fill over it. This created an extra site cost which could have been avoided if the client would have asked a new home builder for advice prior to the purchase.
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New home build site classification
Wednesday, June 11, 2014
I have been asked many times about site classes.
This is an interesting topic and one that is really important when it comes to site costs. Best soil class is A class and the worst is P class.
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Alarm systems
Saturday, June 07, 2014
At Berstan Homes we have found that it is becoming standard for our new home builds to have an alarm system fitted.
Most clients are becoming more security minded and an alarm system gives them that piece of mind. The technology available today is amazing we can install an alarm in our new homes that are programmed to call your phone if the alarm is activated. That function is not the normal our most common alarm system installed has a
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Knock down rebuild in Donvale
Tuesday, June 03, 2014
A problem is starting to come to light with many looking for real estate in Donvale area and are unable to find suitable properties.
I had a visit to some clients last night and they had been looking for 12 months for a suitable existing home in the Donvale area and have given up looking. Quality properties are in very short supply forcing many into other suburbs. This particular couple have now committed to doing a knock down rebuild of
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