ADVICE
How Your Land’s Address Impacts Your Home Building Price
In this blog, we explore how your dream home’s location (established area vs. remote) impacts the building cost. Learn how proximity to resources saves money and weigh the beauty of remote living against its challenges!
5 min read | May 13, 2024 – 7.00am
Securing the perfect block of land is a thrilling step towards your dream home. But beyond aesthetics and size, location plays a crucial role in determining your overall building cost. Here’s how understanding location empowers you to make informed decisions:
The Proximity Advantage: Closer is Often More Cost-Effective
Generally, building in a well-established area offers cost advantages. Here’s why:
- Accessibility for Materials and Labour: Closer proximity to suppliers and a readily available workforce translates to lower transportation costs for materials and reduced labour costs due to a wider pool of skilled workers.
- Existing Infrastructure: Developed areas often have established infrastructure like roads, power lines, and sewer systems. This eliminates the need for expensive extensions or installations, saving you money.
- Council Approvals: Obtaining permits and navigating council approvals can be a complex process. Established areas generally have streamlined procedures, leading to faster approvals and potentially lower costs.
The Allure of Remote Builds: Beauty with Potential Challenges
Remote locations offer undeniable beauty and peacefulness. However, building in a remote area comes with additional considerations:
- Transportation Costs: Delivering materials and equipment to a remote site can be significantly more expensive due to increased travel distances and logistical challenges.
- Labour Availability: Finding skilled labour willing to travel to a remote location might be more difficult, potentially impacting labour costs.
- Limited Infrastructure: Remote areas might lack established infrastructure, necessitating additional costs for things like installing septic systems, water wells, or alternative energy sources.
Finding the Right Balance:
The ideal location depends on your priorities and budget. Consider these factors:
- Lifestyle Preferences: Do you crave the peace of a remote location or the convenience of an established neighbourhood?
- Long-Term Investment: Consider the potential resale value of your home. Homes in established areas might have a higher resale value compared to remote locations.
- Hidden Costs: Factor in the potential for additional expenses associated with a remote build.
At AUSMAR, we understand that dream homes come in all shapes and sizes, and locations. Our experienced team can guide you through the pros and cons of building in our different service locations, considering the impact on cost, logistics, and your long-term vision. We’ll work with you to find the perfect balance between affordability, convenience, and your desired lifestyle.
Ready to Build Your Dream Home, Wherever It May Be?
Contact us today for a free consultation. Let’s discuss how we can help you navigate the location factors and turn your dream home into a reality, no matter where that dream takes you.
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