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New Home Build Process

New Home Build Process

 

 First Build Journey  

Step One – Find out your budget

This means finding out how much you can borrow for your land and/or your build. DRHomes can direct you to some great construction mortgage brokers to start the process, simply ask! Otherwise, you could start by speaking to your bank but make sure to check your interest rate against other bank offerings.

Step Two – Choose your land

With your budget in hand, you can now look at land!

DRHomes works with a number of land developers and would love to help you find your new land to fit your dream home and budget. Your budget may decide the location for you however we suggest making a list of areas you would like to live in and rank them from 1 to 5 with your most desired to your “it’s ok” suburbs. This will help to guide the search process for available lots. Want to get an idea of prices? Check out DRHomes current house & land packages.

Step Three – Design your dream home

Now it’s time to really nut out the details of your dream home. DRHomes Home Coaches will  guide you through the home design, floorplan alterations and all the inclusions by creating a comprehensive new home proposal. Want to know what’s already included? Check out the range of inclusions in our builds here. 

Step Four – Revisit your budget

When you’re happy with the land and home proposal, then it’s time to speak to your mortgage broker or bank again to check the proposals against your borrowing capacity to make sure you’re still on track.

Step Five – Deposit and go to contract

If everything is looking good from your budget to your land and new home proposal then it’s time to pay your deposits on your land and new home build but make sure it’s conditional to finance. Once you’ve paid your deposit, DRHomes will then be able to finalise the new build contract by getting soil & contour tests done, finalising the build plans with our draftsman and ensuring the proposal price is perfect with our estimator. The final contract is then what you take to the bank or mortgage broker to finalise your mortgage.

If everything has panned out and financed is approved, the contracting process is over and we start the construction process!  

Start your first home build by contacting the team at DRHomes today or 

Check our great range of Home designs or Home & land packages 

 

Building

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All images and renders are indicative only, and the pricing on this website does not include as standard, all external landscaping including clothesline, fencing, driveway and letterbox. As this is impacted by the size of the block, these costs are excluded. Furniture shown is not included. For detailed home pricing please speak to one of our Home Coaches today. 'Nominated block widths are indicative only. Setbacks vary on different estates, please make your own enquiries regarding applicable building setbacks. QBCC No: 1165013