How to save money while building your dream home | Exford Waters | Melton Real Estate

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How to save money while building your dream home

As one of the biggest investments, you will make, ensuring that you get your home build right from the start is important. It makes sense that you want to build the home you have always envisaged, however, the costs can add up quickly and before you know it your budget has been exceeded.

So how do you save that much-needed cash, while building your dream home? The following tips might help you to get saving.

Know the difference between wants and needs

With any build, you will most likely find yourself in a position where you’re tossing up between something you want and something you need. It’s at these times that you need to figure out the difference and work out your priorities.

The money spent on getting something you ‘want’ can be used to get something that you ‘need’ or might be much easier to have completed during your initial build, such as floating floorboards or installing ducted heating throughout your home.

These are the things you need to consider carefully as all of the ‘wants’ can add up quite quickly if you aren’t careful.

Finishings

When it comes to your finishings, there are a few areas that you can afford to skimp on, while still getting that ‘expensive’ feel. If you love the look of timber floorboards, why not opt for laminate instead? Laminate floorboards are a great alternative and can give you the same look and feel as traditional timber floorboards, at a more affordable price point.

And laminate isn’t just for the floors, have you considered using it for your benchtops? Stone and marble benchtops can be quite expensive and with laminate benchtops looking almost identical to the real thing, it is certainly worthwhile considering as an alternative.

DIY can be your friend

While it may seem a bit daunting for some, there are a number of easy DIY home options now available. Bunnings have a great range of DIY solutions for every room of the house including the kitchen, laundry and the backyard.

Installing your own laundry storage, for example, may help to save you some money during your build. Your laundry will still be functional when you initially move in and by installing it later down the track you may be able to get a better feel for what storage you actually need.

The team at Exford Waters are on hand to help guide you through your new home journey, why not pop in and visit them at 255-299 Exford Road, Weir Views or give them a call on 1800 777 800.

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