Busting the Myths: Four Common Misconceptions About Building a Property

Busting the Myths: Four Common Misconceptions About Building a Property

Busting the Myths: Four Common Misconceptions About Building a Property

12 Jan, 2015

There are a myriad of reasons why people dream of building their own commercial property- whether it be a business owner, who needs a customised building for optimum productivity, or an individual who wants to develop a property for investment purposes.

However there are a lot of myths about constructing property, some of which can be discouraging. Have you been thinking of pursuing a commercial construction project in 2015 but have been put-off, thinking that it may be too time consuming, too expensive or just too hard?

We take a look at some of the common misconceptions associated with building, and offer some perspectives to help bust these myths.

dreamstime_xs_43938446

Myth #1- There will always be hidden costs when building

Many people fear that the overall cost of their project will be increased by unscrupulous builders who tack on hidden extras, quickly driving up the price.

A dedicated and honest builder understands that professional integrity is of the utmost importance. Such builders will work to an agreed upon budget without the nasty surprise of hidden costs.

Choose a builder who will work with you to understand your project requirements and your overall budget. Reputable builders will ensure that there is a building contract in place, that has an agreed upon budget and will stick to this fixed budget.

Myth #2- Variations mean that your builder is ripping you off

Variations are changes to the original contracted work, which involve either an addition or reduction in the scope or value of work. Many people fear these variations, in the belief that their builder is attempting to rip them off.

During a building project, certain adjustments may be needed which in turn may change costs. For example the client may seek a change of materials or structural changes to the build which could increase costs.

The reality is that if a variation is needed, a reputable builder will fully discuss the situation with you, making you aware of the effects the variation will have on the project such as to the cost and the timeline for completion.

Before work recommences, a trustworthy builder will ensure that any variations are fully agreed upon and understood by the client, put in writing and signed by both the builder and the client.

A professional builder will only change costs in situations where it is absolutely necessary.

Myth #3- Reputable and affordable builders are too hard to find

One viewpoint which seems to pervade many people’s beliefs is that it is overly hard to find a reputable builder.

Not all builders are created equal! However there are excellent builders who can deliver an affordable and top quality finished building.

The only way to ensure that you are enlisting the work of a decent builder is to put in the leg work and research your builder.

Do your due diligence- check the reputation of your builder

As with the previous point, it is important to do your research and find a builder who adheres to a strict agreement around pricing.

When you put in the work and find a dedicated building team, your project will run in safe hands.  Follow advice on how to find a trusted builder in our past article, for some hints and tips to help you make a confident decision.

Myth #4- Building is too expensive and time consuming

This is a fallacy, as there are methods of construction available that allow for a high quality build which can be completed in the minimum time and at an affordable cost.

The Tilt-Up Method

The Tilt Up method of construction is an example of a highly cost effective construction technique, which is widely used for commercial projects.

The technique is especially suited to commercial, industrial, retail, mining and manufacturing projects. It can be used to construct both small to large buildings very quickly, using precast concrete panels which are then tilted into position. Concrete is a highly durable material resulting in a building that can not only be completed rapidly, but made to an extremely high quality.

Other benefits to your build

Additionally, a newly built property is more durable and low-maintenance which may result in overall savings.

A dedicated and efficient building team will bust the above myths, and ensure that your commercial building project is hassle free and successful.

If you would like any further information or to discuss your commercial construction project, please contact Adam on 08 9248 5272.