Hi guys,
Its been a while since I last posted.
Am a little less green now with a few IP's under my belt.
Was after a little help from those who have the experience.
I'm currently about to start constucting on a few blocks of land I recently bought in Regional NSW.
There are 9 blocks I've bought but I am only building 3 first up and then will refinance and build the rest.
I have a fairly competitive price for builders (Dixon Homes) - just over $1000/sqm for a 4bdr house with an attached 2bdr granny flat. Brick veneer with ensuite, iron roof etc... (excluding site costs though)
Is there a way to get this price even lower? I want to do this delicately as I do not want to lose the builder - as they are the best for my situation in terms of price and service - yet I feel as though given the fact I am building quite a few that I should be able to negotiate harder.
The lure of the other 6 and potentially more in the future don't seem to sway the builders (I am guessing because its not guaranteed until I sign)
Main cost saving areas I see are:
- getting same price but better quality fittings
- try to get cost savings through having one tradesman complete 3 houses at once (i.e. moves from house to house)
- negotiate on high margin areas of the building
- Site costs
I know they only build 20 per year (the franchisee told me in person) and was quite keen for my business when I met him 2 months ago.
My uncle and grandfather are both builders in other areas of NSW so they will be having a chat with the builder - I just would like any ideas to help get the price lower.
PM's welcome and happy to meet face-to-face with anyone who wants to give me any kind of help! Have the designs and quote for anyone to see who thinks they can help.
Thanks,
James
Its been a while since I last posted.
Am a little less green now with a few IP's under my belt.
Was after a little help from those who have the experience.
I'm currently about to start constucting on a few blocks of land I recently bought in Regional NSW.
There are 9 blocks I've bought but I am only building 3 first up and then will refinance and build the rest.
I have a fairly competitive price for builders (Dixon Homes) - just over $1000/sqm for a 4bdr house with an attached 2bdr granny flat. Brick veneer with ensuite, iron roof etc... (excluding site costs though)
Is there a way to get this price even lower? I want to do this delicately as I do not want to lose the builder - as they are the best for my situation in terms of price and service - yet I feel as though given the fact I am building quite a few that I should be able to negotiate harder.
The lure of the other 6 and potentially more in the future don't seem to sway the builders (I am guessing because its not guaranteed until I sign)
Main cost saving areas I see are:
- getting same price but better quality fittings
- try to get cost savings through having one tradesman complete 3 houses at once (i.e. moves from house to house)
- negotiate on high margin areas of the building
- Site costs
I know they only build 20 per year (the franchisee told me in person) and was quite keen for my business when I met him 2 months ago.
My uncle and grandfather are both builders in other areas of NSW so they will be having a chat with the builder - I just would like any ideas to help get the price lower.
PM's welcome and happy to meet face-to-face with anyone who wants to give me any kind of help! Have the designs and quote for anyone to see who thinks they can help.
Thanks,
James