Home Building, Home Renovation, Building Checklist, NSW, Australia

Things to Consider: Budgets/Finance

  1. When Setting Budgets

    1. The cost for land purchase.
    2. The cost for Stamp Duty.
    3. The cost for design.
    4. The cost for Local Government.
    5. The cost for the building works.
    6. Allowance for variations (a percentage of building cost).
    7. The cost of new furniture.
    8. The cost of new fixtures.
    9. The cost for landscaping.
    10. Allowance for contingency.

  2. When Preparing For Finance

    1. Records of assets.
    2. Records of liabilities.
    3. Amount wanting to borrow.
    4. Ability to service the loan.