4 Ways to Save Money When Building Your Home

4 tips to save money to help you build your new home

Whether you’re going on holiday, fixing up a car or building a house, it makes sense to find ways to stretch your hard-earned dollars further. Here are some great ways to save on your build so that you can spend more when putting the ‘dream’ in your dream home.

House and Land packages

Of all the money-savers, this is the big one. A house and land package provided by a single developer and builder saves you from paying for – and project managing! – a small army of architects, surveyors and lawyers. With a pre-matched design ideally suited to your block and two contracts working in perfect harmony, a house and land package with Eden Brae can save you tens of thousands of dollars and make your home build stress-free.

Let there be (natural) light

There are several tricks to saving money on your energy bill long-term. For example, a north-orientated home provides natural sunlight during the winter and maximises shade in the summer. A light filled home won't just help you save up, it can also increase the appeal and value of your home if ever you decide to sell it.

Another good trick is opting for energy-efficient appliances with lifetime warranties. They’ll ensure lower utility bills and save on replacement appliance costs later. The good news is that appliances can be included in a house and land package with Eden Brae (we did say it was the big saver!)

Shop, shop and shop around the clock

If you want the best deal on your mortgage, it’s essential to see what all the major lenders have to offer. Make sure you check with at least three mortgage brokers or direct lenders (learn the difference between the two here) to find the most transparent and most appropriate home loan for your individual circumstances. To help you secure funds for your new home, make sure to read up on our guide on how to maximise your chances of getting a home loan. It makes perfect sense to not pay any more than you have to by taking time to check out the options.

The future in your floorboards

As builders have become more focused on sustainability and being environmentally friendly, flooring innovation that protects the natural Australian landscape has come on in leaps and bounds. Laminate and vinyl wood substitutes are cheaper than regular wood; they’re low maintenance and still add the ‘warmth and texture’ of timber. What’s more, they look fabulous!

By saving dollars in these critical areas, you’re able to put those funds towards the additions and finishes that matter most to you and your family. How good is that? If you’ve got more questions about how you can make substantial savings by building with Eden Brae, then feel free to contact us today