Is a House and Land package the option for you?
A House and land package undoubtedly take a large portion of stress out of purchasing a home. Since the house and the block of land along with the customised new home design all come at one fixed price, they’re usually affordable, available relatively swiftly and require little input.
If you’re looking for a no-fuss easy new home option, you can’t really go past a house and land package. Like any big decision, this is not one to rush into and there are still a number of things to consider before landing on which house and land packages is best suited to you.
Location
This is possibly the most important decision to make and shouldn’t be made lightly. It’s best to keep a few potential neighbourhoods in mind to have some options to discuss with your builder. Do you want a lifestyle that has you close to the beach or surrounded by hinterland—or would you like to be close to the centre of town? When considering a neighbourhood, it’s a great idea to check the public transport options, where the closest shops and schools are and how close you are to family and friends. If you have pets or like to walk, see what kind of walking tracks or parklands are available in the surrounding areas.
Background and Experience of the Builder
Your new home will come with a seven year warranty, which in the scheme of things is not terribly long. It’s important that you select a builder who doesn’t cut corners trying to save money as this will cost you in the long run. Don’t be afraid to ask your builder questions about what kind of materials they use and what their building priorities are. Look for a builder who has a history of successfully building houses with no warranty claims or ongoing issues.
Negotiate
Just like buying a home of another owner, you can negotiate on the asking price of a house and land package too. Don’t forget that you can negotiate with the builder on the home and the developer for the land, giving you the opportunity to save even more.
