How To Guarantee You Won't Be Spending Christmas In A Rental Property
How can you guarantee that your new home will be ready for handover before Christmas?
The last thing you want is to spend the holiday season in a rental property. And how will you feel cancelling your guests at the last minute because your project timeline blew out?
Ensuring that your new home will be completed in time for your big celebration comes down to perfectly executed planning. According to NewHomesGuide.com.au, it takes, on average, up to 8 months for a new home to be completed from planning to construction.
This, of course, can vary depending on the specifics of your new home. But having a rough idea of the timeframe it takes to design and build a home can help you immensely if you want to ensure you’re in before Christmas.
The problem is, average builders simply ‘hope’ that everything will be done by Christmas.
They don’t provide construction timeframes or start dates, and they don’t have the processes in place that keep them accountable to a specific timeline. On the other hand, professional builders have the systems and processes in place to create a detailed construction schedule for your home.
It All Comes Down To Perfectly Executed Timing
Only once a construction schedule has been produced can a building company provide you with a guaranteed start and completion dates so that you know exactly when your new home will be ready to move in to.
When building a new home, consumers often believe that the construction timeframe is all they need to determine when they’re new home will be ready for them to move in. But the truth is, there’s one important element missing - a guaranteed start date.
Here are my top tips to help you ensure your new home will be ready before Christmas:
My first tip is perfectly executed timing.
If you want to be 100% sure that your new home will be built and ready to move in before Christmas, then you need to start the process in the beginning of the year.
Due to the time it takes to complete the construction phase of your new home, you must ensure that all of the drawings, engineering and selections for your new home are completed by the end of June. This allows enough time for the construction process to begin and your new home to be completed and quality checked prior to you taking possession before Christmas.
Avoid Unnecessary Contract Variations
Keep in mind that the design process and finalising selections always takes a lot longer than you initially expect. It could take between 8-26 weeks to complete the design phase in order to suit your lifestyle and budget perfectly.
So, it’s best to get started on this process with plenty of time to spare so you can be sure all of the details will be finalised before the end of June. It’s always better to invest more time and energy into perfecting your plans in the design phase in order to avoid any unnecessary contract variations once construction has started.
Large variations during construction could not only result in additional costs, but they can also delay the completion of your new home.
Beware Of No Guaranteed Start Date
The important thing here is to also ensure you also
Next is to make sure that your builder includes a guaranteed start date for construction in your building contract, as well as a construction time frame.
The time frame to build your new home may seem more important, but without a guaranteed start date, you can’t be sure when your new home will be completed. The sad reality is that while some builders may be able to guarantee a 5 month construction period, they are unable to provide a guaranteed start date.
Meaning it could be weeks or even months before the construction of your new home actually begins. And that could leave you stuck in a rental property for the holiday season, with no idea when you will be moving into your new home.
Keep The Builder Accountable
Finally, ask your builder about their processes for liquidated damages.
Professional builders will have a process in place that means every day they exceed the construction timeframe, you will be compensated - which will help with any additional rental costs you may be paying!
However, the real benefit of these penalties is that they keep the builder accountable, so you can be sure that they will be doing everything they can to ensure your new home is built within the timeframe promised.
And if it’s not, they pay you!
It doesn’t matter if you are building your first home or if you have built many times before…
Designing a new home can be very overwhelming and when you hear new things for the first time, it's not easy to remember everything. So that’s why we’ve put together a quick guide for The 7 Things You Must Know Before Designing A New Home.
It’s completely free, and it will help you to keep your design on budget and avoid any nasty surprises that can sneak up on you when building a custom home.
Click on the link below to download 7 Things You Must Know BEFORE Designing A New Home.