Can you actually afford to build right now? It’s the question on everyone’s mind, and in this episode the team tackles it head on. With interest rate rises, economic uncertainty and prices that have shot up over the last few years, plenty of homeowners are wondering if they’ve missed the boat or whether they should just wait it out.
We cover why inquiries have dropped off, why prices aren’t going to come back down, and the big mistake people make when they try to do too much too soon.
We also gets into the real value of having a proper conversation with your builder before you make any decisions, why being upfront about your plans can save you a fortune, and how the equity sitting in your home might mean you’re in a better position than you think.
If you’ve been sitting on the fence about a build or reno because you’re worried about the cost, this one’s for you.
Whether it’s now or later, the message is simple: have the conversation with your builder first. You might be surprised what’s actually possible.
In This Episode, You’ll Learn:
– Why building inquiries have slowed right down and what it actually means for you
– The truth about whether building prices will ever drop again
– How to avoid the over capitalising trap that catches so many homeowners out
– Why starting small can be the smarter long term play
– How the equity sitting in your home opens up options you might not have considered
– Why being honest with your builder about your plans saves you money
– The hidden costs of selling and moving versus staying put and renovating
Key Timestamps
02:39 Why homeowners are getting scared off building
04:27 Inquiries dropping from 20 calls a week down to two
06:42 The real cost of selling and moving versus renovating
08:01 Will building prices ever come back down?
13:31 The trap of over capitalising on your home
14:57 Why starting small can be the smarter move
18:36 Why being upfront with your builder saves you money
21:03 Now or later, just have the conversation
Listen on
Spotify// https://open.spotify.com/show/0eGpiuFZidHdOcFunXPo4q
Apple Podcast// https://podcasts.apple.com/us/podcast/builders-beyond-borders/id1841312899
Youtube// https://www.youtube.com/@BuildersBeyondBordersPodcast
Follow us on
Facebook// https://www.facebook.com/buildersbeyondborderspodcast/
Instagram// https://www.instagram.com/buildersbeyondborderspodcast_/
Looking for a builder?
Perway Construction Services in Western Australia – https://www.perway.com.au
DJH Builders in Tasmania – https://djhbuilders.com.au
New Realm Homes in Victoria – https://newrealmhomes.com.au
Independent Building Solutions in Canberra – https://www.ibscanberra.com.au
Matt Auld Builder in Victoria – https://mabuilder.com.au
Wayne Prestone in Victoria – https://prestonbuilders.com.au
