All Topics / Help Needed! / Construction – Additional Costs

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  • Profile photo of se7ense7en
    Participant
    @se7en
    Join Date: 2011
    Post Count: 54

    Hi

    I recently received a quote from a preferred builder for construction of a 218m2 4 brd house in QLD. The initial quote was in the ball park ($229,000) but after reviewing the spec I noticed that there were quite a few things not included, after receiving break-out prices for these additional items the total build cost has blown out and I wanted to get some opinions on the below costs before I get them to review the quote.

    1. 2x Split Systems – $6480
    2. Upgrade to Exposed Aggregate Driveway – $762
    3. Landscaping to back garden – PS Allowance of $5000
    4. Medium Bushfire Zone upgrade – $9,000
    5. Temporary Fencing – $2000

    Additional info relevant to bushfire zone upgrade – slab on ground, single storey, timber frame with brick veneer, colorbond roof

    Any help would be much appreciated

    Cheers

    Profile photo of Kinnon BellKinnon Bell
    Participant
    @kinnon
    Join Date: 2014
    Post Count: 151

    1. What’s the kW of the air cons?
    2. Seems ok
    3. What does the landscaping entail?
    4. No experience with this – can’t comment
    5. Not sure about this one either, but I would assume it would be included in the build prices as they have to have it.

    Kinnon Bell | Kinetic Funding
    http://www.kineticfunding.com.au
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    Mortgage & Personal Loan Broker based in Cairns and Melbourne but servicing clients Australia wide.

    Profile photo of TheFinanceShopTheFinanceShop
    Participant
    @thefinanceshop
    Join Date: 2012
    Post Count: 1,271

    Temp fencing seems high but its dependent on the duration and size of the fencing required.

    TheFinanceShop | Elite Property Finance
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    Residential and Commercial Brokerage

    Profile photo of FLWFLW
    Participant
    @flw
    Join Date: 2014
    Post Count: 5

    1- What size and type of units
    2- Upgraded from what? How many m2?
    3- It depends on what you can get for $5000.
    4- What upgrades over standard are needed to meet the bushfire requirements?
    5- Is this a council requirement?

    Profile photo of se7ense7en
    Participant
    @se7en
    Join Date: 2011
    Post Count: 54

    Hi guys

    Thanks for your replies, I am chasing down the info required to sort this out namely bushfire rating requirements as this is the most expensive. Not too concerned with the exposed agg driveway but after using a few A/C calculators online I figured out I should only need a 6.5Kw and a 2Kw, I believe that both of these should cost only approx $3,000 ($2,200 6.5kw and $800 2kw). The garden is 54m2 and nothing out of the ordinary, thinking small parameter garden beds and lawn. Fence is a council requirement due to proximity of school.

    Any clarity would be great.

    Thanks

    Profile photo of Don NicolussiDon Nicolussi
    Participant
    @don
    Join Date: 2005
    Post Count: 1,086

    Se7en – just wondering is this a project home builder or are you having builders quote on a design of yours that you have submitted to your local council and received approvals on etc.

    Don Nicolussi | Mortgage Broker - Home Loan Warehouse
    http://homeloanwarehouse.com.au
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    "I think of finance as a technology, a way of getting things done." Robert Shiller

    Profile photo of Corey BattCorey Batt
    Participant
    @cjaysa
    Join Date: 2012
    Post Count: 1,010

    Scrap the AC quote and have this quoted externally, generally will save 50%. Provide the receipts to the lender and in most cases they are happy to include it separately.

    Corey Batt | Precision Funding
    http://www.precisionfunding.com.au
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    Investment Focused Finance Strategist - servicing Australia-wide

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069

    The AC does seem a bit pricey – could prob shave a bit off there.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
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    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Agree A/c seems expensive.

    Double the amount quoted and you could have gone deducted throughout.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of se7ense7en
    Participant
    @se7en
    Join Date: 2011
    Post Count: 54

    Thanks guys, sounds like the consensus is to buy my own split systems.

    Don, its design and build but I’m having a fair bit of input in the design so most plans from different builders are similar.

    Cheers

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