Why become an Owner Builder
There will always be pros and cons in most situations in life and they differ from one person to the next.
So whilst we’ll focus on the big picture benefits of being an Owner Builder, we highly recommend you get a blank piece of paper, draw a line down the middle, write ‘pros’ on one side and ‘cons’ on the other and get writing!
Okay, so what are some of the big benefits?
Cha Ching – the savings!
Owner Builders can save anywhere between 20 – 40%. The majority of this saving comes from not paying a builder’s margin.
So let’s say you’re house is going to cost $300,000 to build and from what you know (because you’ve done your research), you’re going to save 30% (mainly because you’re not paying a builder’s margin).
Let’s do the math. 30% of $300,000 is $90,000. Cha ching! Wow, the landscaping is going to be AH-MAZING!
We’re not sure who said this – ‘we cannot control the wind but we can adjust our sail’ but we think it’s a good fit for the owner builder experience.
As an Owner Builder, you have the opportunity to control you’re project.
So when it comes to making changes, how much easier do you think it’s going to be when you’re the one pulling the ropes?
Remember that $90,000 we mentioned above? And remember we drooled over how good your landscaping is going to be?
Well that’s what we’re talking ’bout here. You have the opportunity (if you choose) to re-direct the savings elsewhere.
Think high-end fittings vs middle of the road!
It’s an incredible achievement
Think about how many times you’ll stand out front your home and think – I did that (with a smile on your face and maybe a bevvy in your hand).
Learn more by heading to our Insights page and hearing from those in the know – click here.