Building a new home can seem daunting but really it is very easy if you select the right builder. Selecting the right block of land can make a big difference.
Below are a few tips when selecting a block of land:
| 1. | Choose a block that is near level. Select a block of conventional shape with a wide frontage. |
| 2. | Consider aspect |
| 3. | Consider restrictive building covenants. |
| 4. | When constructing an investment property, don’t let emotion take control. Remember to only build what the rental market is looking for.This will then allow you to build a home that will always be in demand and increase the capital value for years to come. |
| 5. | Be aware of the extra site cost involved ie; extra footings, extra slab, concrete pumping etc. Make sure all these are included in the contract. |
| 6. | Allow up to 3-4 months building time. Settlement takes place approx 2 weeks after registration. |
| 7. | Read the inclusions in the contract. |
Post Date: Jun 29, 2012
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