What to Consider When Buying a New Build Home

Build Only Homes vs Buying Off-Plan

Two of the most common terms you’ll hear when discussing new builds are, ‘Build only homes’ and also ‘Buying off-plan’. Build only homes refer to homes that you contract a home builder to construct on a section of property, as opposed to buying off-plan which refers to purchasing a home before the completion of its construction. When it comes to buying an off-plan home there are a few key things to take into consideration; the price of these homes are usually fixed, you’ll also usually be required to pay your deposit before the development begins. Once the deposit is paid you usually don’t have to make any payments until you move into your new home. These financial reasons are often a big factor in why people opt for these new build homes. One of the biggest drawbacks to an off-plan home is the lack of customisation options, for most people the excitement of choosing a new build is the fact that you can personalise just about anything you can imagine. Being off a set plan however these styles of homes are usually very restrictive in what options you have, often as limited as only changing colours.

When it comes to buying a new build home in New Zealand there are a number of things to consider, as well as certain steps and processes that need to take place.

What are the developers’ and builders’ credentials?

Knowing how your home is being constructed and by whom is crucial to your build process running smoothly. If you don’t have confidence and trust in the team behind your new build, then it’s going to be a lengthy, stressful process. It is a good idea to have a look online at previous reviews and testimonials, you can also use resources such as No Cowboys to find trustworthy tradesmen. Here at Muller’s Construction we are a part of Registered Master Builders meaning we offer a Master Builders 10 year guarantee on all our builds, we are also recognised Licensed Building Practitioners. So building with us will give you peace of mind in the knowledge that your home will exceed all your expectations.

Have a Clear Understanding of Your Budget

Purchasing a home is not a small financial investment, it requires a lot of thought and time to make sure you know what you want. Before you approach potential home builders, it’s best to sit down with lawyers and any bankers and accountants you might need to meet with. Ensuring you have secured your funds before proceeding with your build is crucial, when you meet with your builder it is a great idea to have a maximum spend in mind, just to prevent any excessive costs.

Understanding Your Needs and Style

When you choose a builder for your new home you want to have a good understanding of what it is you want to get out of your new build. Depending on the size of your family you may want to consider certain design options specific to you, number of bathrooms, whether you want multiple living areas, kitchen and dining size are a few things to think about. It’s also important to think about your personal style and taste when it comes to things such as cladding options, roofing, and interior design colours. The wonderful thing about a new, build-only home is the endless possibilities to let your style and character loose.

So whether you’re looking for a family home, or a home to retire in, your first home to get your foot in the door, or even just building a rental property, our incredible team at Muller’s Construction can create something that caters to your needs.