Comparing Apples to Apples with your Building Quote

When comparing quotes between builders, it is important to compare apples to apples. By this, we mean ensuring that you are receiving an accurate description of upfront costs, and not something that has not been  factored in all aspects of your build.

This way you can avoid paying a higher cost than you expected or being influenced toward a certain builder believing that they offered a competitive price, when in reality their quote didn’t provide you with all the expenses and inclusions up front.

You don’t need to talk to too many friends or neighbours to realise that quotes and actual costs aren’t always the same, which is why it is important to understand the different types of quotes to be able to accurately compare one builder to another.

Different types of quotes:

A Builders Estimate

What is a builders estimate? A builders estimate is often used early in the building journey. This amount is a very vague overview of what you can expect to pay. It is wise to think of this as a ball-park figure. An estimate is a rough indication that helps the buyer understand if this particular type of build is worth the potential cost and works with their budget.

Detailed Fixed Price Tender

A fixed price tender is what the builder has calculated the new home is going to cost, this will take into account the owners personal selections and may include provisional sum items which cannot be accurately costed. It is helpful to know that this tender needs an extensive amount of information gathered from suppliers, consultants and the owner’s selections.

Cost Plus

A cost plus quote is where the builder has quoted you for his direct costs for labor, materials, and sub-contractors, plus a percentage to cover his overhead and profit. Material and contracted services throughout the stages of the build process and costs are passed to the owners, with an agreed margin to cover overheads and profits. It’s important to note that banks generally won’t accept cost plus quotes for finance.

Provisional Sum

A provisional sum is a quotation where the builder has quoted a portion of the build, however, has simply guesstimated a budget for certain parts of the build. For example, a provisional sum may have been allocated to a quote for excavation, however it is not a fixed quote and the price may change later in the build depending on the actual site conditions E.g. slop or depth of excavation.

When comparing quotes, it is important to ensure that you are comparing the same type of quotations against the same scope of work. Simply comparing the final figure may not be an accurate comparison, and most importantly cause stress, confusion, and money later in the build process.

Red Flags

A few red flags to look out for when viewing a quote include:

  • Minimal information and detail
  • No ABN and/or Builders Licence Number
  • Overly cheap in comparison to other quotes

At Crighton Homes we understand that building a new home can be a daunting process which is why we spend a lot of time analysing each project to ensure that each quote is as accurate as possible. Our quotes are highly detailed so there are no hidden surprises and the actual cost to build aligns to the quote, so that you can manage your budget and avoid any nasty surprises.

It is also important to remember that choosing the right builder is about more than price. It is important that you choose someone that you believe that you can trust to communicate honestly with you and give you the time and respect that you need to be confident in your build. A builder who takes the time to understand your unique needs and why you are building can ultimately save you time, money, and stress.

If you’re looking for a custom home builder or would simply like to have a chat about building your new home please don’t hesitate to contact us – 1300 362 579.

Record sale result in Murray’s Beach

One of our stunning Crighton homes has been sold for $1,63 Million by Belles Property Charlestown’s Neil Fry – Setting a record sale result for Murray’s Beach!

We had the opportunity to work with our clients to bring to life this majestic 5-bedroom home on 1284 sqm of waterfront reserve land in the stunning Murrays Beach estate located in Lake Macquarie.

Click here to view photos in our gallery of this stunning home.

Our clients had just retired in Sydney and were looking for a life change. While having lunch in the area, they found the land at Murray’s Beach by accident, and instantly knew that this tranquil and peaceful place was the perfect spot to build their retirement home! After noticing some of the custom homes we were building within the estate, they contacted us to discuss their new project. Their initial thoughts were to create a 3 bedroom home, however, after careful planning, our clients realized that if they built a house on the waterfront reserve, their 3 children and 9 grandchildren would visit from Sydney and spend the weekend with them. The Crighton Homes team worked on creating an expanded home design to include a bedroom and ensuite for each of the children, and a bunk room so that all the grandkids could sleep together.

After a few sketch designs, the floorplan was approved, and Community Association Approval was gained soon after. Construction soon commenced on this beautiful custom home and the result exceeded all our clients’ expectations: A custom 2 story home featuring 5 bedrooms and 5 bathrooms, entertainers kitchen with butler’s pantry, open plan living and dining area with an additional living space, study and media room, and a huge rear deck with an outdoor kitchen to celebrate those beautiful water views!

The clients truly loved their incredibly unique Crighton home and the lifestyle that living by the lake’s casual ambience offered them. Unfortunately, health has changed their future, and now they have passed the batten over to the new owners to enjoy this breathtaking home and its lavish lifestyle.

We feel incredibly proud of the finished result of this home and genuinely love helping our clients design and build a home that is completely unique to them. The incredible financial return on our homes is just the icing on the cake.

Read more of this sale record story in the following link!
https://www.newcastleherald.com.au/new-record-sale-result

 

 

Crighton Homes Construction – Design tips

Design tips that will add value to your custom designed home

 

One of the benefits of building a custom home is that it has been specifically designed and built to suit your unique needs and tastes. But how do you make sure that these design elements are adding maximum value to your new home?

Before you begin to build, it’s important to talk to your chosen builder about how you can integrate value into your home design. While there are a number of additions that you can consider, here are a few custom home tips to help you get started!

  1. Energy Efficient Features

Sustainable living continues to be a growing movement around the world in an effort to better look after our direct environment and planet. Homes that have a smaller ecological footprint will have lower energy consumption and therefore lower bills and will increase in value over time.

We recommend investing in energy efficient features such as efficient heating and cooling systems, low consumption appliances and lighting, low flow showerheads and taps, dual flush toilets and environmentally friendly indoor plants. By including green features from the beginning, you will save a lot of time and money in the long run.

  1. Smart Technology For Your Home

Smart home technology is changing today’s homes and it’s safe to say that technology won’t be slowing down anytime soon. To future-proof your home, and with the recent push towards designing smarter custom homes, we recommend incorporating some of the latest smart technologies to create an intelligent, functional and efficient home. These can include remote heating and cooling systems, blinds and shutters and automated security systems and technology systems such as Google Home. By incorporating smart features that can be controlled remotely via your smartphone or other devices, you’ll be adding financial value to your custom home and seeing a reduction in your energy costs.

We recommend having a chat to your builder during the design phase if you’re considering incorporating smart technology so they can ensure the right infrastructure and wiring systems are included to best support the type of technology you’d like to invest in.

  1. More Storage!

One of the most important and welcomed custom home design tips is to add more storage space to your new home. Over time you generally collect more things, especially if you have a family. Smart and ample storage spaces will make your life easier as well as add value to your home.

We recommend incorporating storage solutions such as kitchen and wall cabinets, under the stairs and attic storage, garage shelving, walk in wardrobes and pantries and large linen cupboards. There really are a multitude of ways to declutter your new home and add additional storage space that you’ll be thankful for years later.

  1. Liveable Alfresco Areas

Homeowners today are looking for more than just a simple grassed backyard. One of the best ways to add value to your custom home is by creating a liveable alfresco area that is perfect for entertaining and relaxing in. Depending on the size of your outdoor space and your budget we recommend incorporating features such as built-in seating and storage, outdoor kitchens and fireplaces and plunge pools to enjoy during those warmer months. A versatile outdoor space is definitely a great investment when you build your custom home.

  1. Incorporate Solar Passive Design

Any experienced builder can’t overstate the importance of incorporating solar passive design elements into your new custom home. Essentially, passive design takes advantage of the home’s climate and orientation to utilise natural sources for heating and cooling. By incorporating solar passive design you’re encouraging lower heating and cooling costs, promoting thermal comfort, and reducing your greenhouse emissions. As the world continues to move towards more sustainable living, solar passive design is a great addition to any new home.

A home is generally one of the largest assets that most people own, so thoughtful design additions are not only an aesthetic decision but also a financial one, to ensure you’re adding maximum value to your new custom design. If you’re interested in incorporating these home design tips into your new home or would like to have a chat about building your dream home we’d love to hear from you. Contact Crighton Homes today.

Custom Kitchen

5 Benefits of Building a Custom Designed Home

Custom Kitchen

Are you excited at the thought of building your dream home but are still weighing up whether you’d like to go down the path of purchasing an existing home or custom building a home that is unique to you and your lifestyle?

Choosing a custom builder gives you more flexibility, more influence in the decision making process and choice of materials, and more control over the quality and function of your new home. Not only will your home be unique, it will be specifically designed for you and the piece of land that you wish to build on- plus it results in a home perfectly suited to your needs!

The following points will help you understand the advantages of having your new home custom built-

  1. You’re in control

One of the biggest advantages of building a custom home is that you have input in every phase of the building process. You have the opportunity to select everything that you want in your new home, including quality appliances, floor coverings, fixtures and custom cabinetry. If you love natural light, install as many floor to ceiling windows as you like, if you want a beautiful loud splashback to represent your personality- you can have it! From the exterior and interior you get to select every detail that goes into your new home.

  1. Flexibility

With today’s modern technology we have the tools to offer almost limitless design capabilities. Garry and Shane will work alongside you throughout the whole design and construction process to create a beautiful home.  They will regularly be delivering your vision to trades and installers and ensuring that every part of the build is completed to the highest standard possible. They will also keep in regular contact with you to ensure that your vision is progressing the way you thought it would and allow for flexibility throughout the build process to ensure that all aspects are completed to your satisfaction.

  1. Energy Efficiency

Choosing to build a custom home will allow you to design a home that is sustainable and efficient. Using Solar Passive Design concepts Crighton Homes can design the orientation of your home in relation to sun and wind patterns to enhance the energy efficiency and comfort. You can also decide to run on solar-energy and have better quality insulation in addition to fully utilising passive cooling and heating to reduce energy bills. Environmentally friendly options can also be added such as water tanks and indoor gardens. Making these additions to an existing home can be a very costly exercise.

  1. A Sound Investment

It’s common for home buyers to think that building a custom home can be an expensive experience. Opting for a custom home will ensure that your home is built to the highest standard using he highest quality materials selected by you. While the upfront costs can sometimes be higher, it is most likely easier to recoup your investment. This is because a newer home is generally more appealing than an older home to most people.

  1. Uniqueness & Lifestyle

This is one of the greatest benefits of building a custom home- you don’t have to live with someone else’s horrible choices or tastes. Quite often people buy homes that don’t quite tick all of the boxes with the intention to renovate in the future. Unfortunately this usually doesn’t happen very quickly and you are left to simply ‘put up with’ a design and layout that you dislike. Not an ideal situation after spending a significant amount of money.

With a custom built home, you get the design and layout that works best for you without having to compromise.  A custom built home is a blank canvas that can be changed to suit your exact lifestyle and specifications. Do you love to entertain? Then let us create a large alfresco area that connects to the kitchen so you can enjoy spending time with your family and friends. Do you have growing children? Let’s look at creating a teenagers retreat or a separate games room where they can go to hangout and Mum and Dad can relax. Every aspect of your new home is completely up to you.

The beauty of a custom designed home is that you don’t have to convert other people’s dreams to fit your reality- you can create your own. Your custom built home will have your own unique touch, making it truly yours for many years to come.

Contact us today and let us bring your custom vision to life.