Forums / Property Investing / Help Needed! / want to build, but to what stage, help???

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  • Profile photo of sandsand
    Member
    @sand
    Join Date: 2006
    Post Count: 7

    we have found a block of land and want to get a builder to build the house. But we want to know if it is cheaper to get it to lock up and what this means. Or is it just as cheap to get to turn key stage? we are on a tightish budget. Land is $160 for 665m sq . we have budget of $310 all up, for land and house.

    Profile photo of Fast LaneFast Lane
    Member
    @fast-lane
    Join Date: 2004
    Post Count: 527

    If you just want the builder to finish off the whole thing, check these guys out;

    http://www.dixonhomes.com.au

    They would do you a decent house that would come in under your budget. I’m not vouching for them, I just use their online catalogue as a reference, epecially for Qld. construction etc.

    Good Luck…FL

    Profile photo of sandsand
    Member
    @sand
    Join Date: 2006
    Post Count: 7

    thanks for your reply. We have heard that dixons aren’t too good. we live in a rented tamawood home which was built about 5 years ago, it seems ok .

    Anybody else any thoughts?!!!!

    Profile photo of crushercrusher
    Participant
    @crusher
    Join Date: 2002
    Post Count: 186

    Hi Sand,

    Lock up stage is basically where the property is built to the point that it has the roof, walls, windows, doors, floors but none of the inside fit-out. You will probably find that each builder has a bit of a different idea of what should be included in the lock up stage.

    I’ve had a Tamawood spec home before and they’re OK for the price. Quality also depends on the specific builder that does it.

    Tamawood tend to build fairly low ceilings as a standard (which I don’t like). If I had my time over I would pay the extra to raise the height by a couple brick courses. I didn’t like the look of the standard bricks either. The front door started falling apart when it got wet. Apart from that we didn’t have any problems and I thought it was reasonable value for money. We got a builder to do the whole package (landscaping included).

    My view is just get something built as quickly as possible because then you can get a tenant in and providing you with rental income sooner. Unless you’re going to live in it and then the advantage would be that you get into your own property sooner and stop paying rent wherever you are now.

    Todd Burns
    http://www.freepropertyhelp.com.au

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