4 Essential Tips for Achieving a Custom Home Within Your Budget

We know that building a new home is an exciting life experience. Whether you’re creating a home unique to you or venturing into the world of investment properties, we want to ensure your dreams become a reality.

To ensure this, you must prepare and have a plan in place to achieve your design vision. You don’t have to blow the budget to design a custom home, our expert tips will help you stay on track and gain a better understanding of what it takes to achieve your design vision within your budget.

Keep reading to learn more.

The first thing you need to do is engage a licensed builder. Your builder can advise you on the best building materials that conceptualise your goals whilst staying within your budget.

Their experience in the industry ensures your project is scheduled correctly to stay on budget and on time while guiding you through the process. They can also make recommendations on changes that will improve the efficiency and cost of construction.

Before you begin to design your new home, you’ll need to have an idea of what you can afford to spend. This sets the path for how much you can spend on your custom home and allows you to set realistic goals for what you can achieve in terms of design and functionality.

Developing a detailed cost plan with your builder will determine your budget for construction costs, materials used and helps keep these costs under control. Your cost plan should also include a contingency to save yourself from any surprises that occur during the progress of the build.

You can achieve a custom-designed home with a budget. It’s all about understanding your budget and knowing what you want and need from your home. You should have a clear understanding of your wants, needs and expectations from the start.

This ensures your designer spends their time creating designs that fit within your preferences and budget. Once you know what you want from your ideal home design, they can discuss what is possible within your budget.

This also guarantees that neither party is surprised later down the line with costs spiralling out of control due to unforeseen costs that weren’t discussed during the initial phases of planning.

A custom home is a unique project that requires high-quality drawings and designs for it to get approval. It’s important your documentation is accurately detailed and follows building regulations as well as any other legal requirements.

By having all these designs and structural aspects completed in a sufficient manner you will save time and money rather than going back and forth trying to obtain council approval.

As Melbourne's leading luxury home builders we pride ourselves on being a team of experienced professionals. At Arch 10 we're driven by our combined experience of 50 years. It is our experience and forward-thinking that allows us to push industry standards to a new level.

If you're looking to build your dream home here in Melbourne and want award-winning service, book a no-obligation consultation to discuss how we can make it a reality.