Frequently Asked Questions
How much will it cost?
This is the question I get asked the most, but most construction work cannot be accurately costed until plans have been drawn and approved by the Certifier. Do not be tempted to get cheap renovations done by friends or family. You may be putting the greater building at risk of a water incursion and subsequent termite infestation
What if we over capitalise?
Additional bedrooms, bathrooms and living spaces are the quickest ways of adding value to your property. Get the work done properly. My experience has shown what money you put into your home, you will get back. This is conditional, never renovate for resale. Only use a licensed builder who is experienced with work to an existing building. Never build in a patio, carport or garage unless a licensed builder is prepared to do that for you
What things will improve my home?
Increase your living space. Add more facilities. Make a feature of unique attributes of your property. Improve climatic benefits, that will make your home warmer in winter and cooler in summer. Add a granny flat, retreat or media room. You should always keep resale in the back of your mind when it comes to renovating or extending
What are the advantages of improving an existing property?
The cost of new land is high. Significant savings can be made off the cost of renovating, compared to the costs of changing your property. You can usually live at the same address whilst renovations are being done. A renovation can be done to correct an existing design fault. Consider how to gain advantages using your aspect. Improve capital growth on your tax free asset.
What role does having a pre-determined budget play?
It allows you to develop a design brief that will coincide with your budget
We are not sure where to begin?
I have provided a brief outline of where to begin with my "7 Steps to Renovating"
What work requires using a licensed builder?
New construction work. Work that is valued over $3,300 including GST. Any work that involves altering the original house structure. The conversion of non-habitable spaces like garages or under crofts to new habitable living areas
As a property owner, what are my obligations to a building contractor?
1. You need to give the builder evidence of your ownership of the property
2. You need to provide evidence of your capacity to pay the contract price
3. If you are contributing cash to the contract, a security account ensures the money is set aside for the contract
4. Where an existing property is worked on, you need to give the builder access to the site until the work is completed
What is a ‘Contract Information Statement’?
Should be included at the back of every construction contract. This is a requirement of the Domestic Building Contracts Act 2000, which stipulates the basic contractual requirements of both parties
Is there a ‘cooling off’ period?
Yes there is a 7 day cooling off period after the contract is signed
