Sunday 21 June 2015

What Missing from the Base Price ?

Unfortunately there is no easy way to conduct a comparison of builder’s prices. The base price of the house is your starting point. But what does the base price cover ? The best guide is the Builder’s list of inclusions. Sadly each builder’s inclusions’ list is different. Although many included items are standard between builders, some are not. Examples non-standard inclusions are the flooring, brick infills, remote operation of garage door, ceiling height, type of façade, building on a boundary, tiled skirting in wet areas, locks to external doors and flyscreens to windows. There are even examples that an included item is not in the list of inclusions. 


Is it possible to build a house for the base price if you make no changes to the house design, accept the builder’s list of inclusions (and consequently exclusions) ? The short answer is NO. The reason is “site costs’. These are the costs associated with preparing your land for building and ensuring your house’s foundations are suitable given the stability and type of the soil to be built on. Because site costs vary from property to property they cannot be included in the standard base price of a house. Indeed the builder must engage surveyors, soil testers, and engineers to determine precisely determine the site costs. For this reason they require the customer to pay a preliminary deposit to cover the costs incurred.

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