5 Things to Consider When Buying a House and Land Package

A house and land package can be a great way to get the home you desire and start your property journey without the hassle of sourcing your own block separately. Specifically, a house and land package allows you to parcel your block and home together in one purchase so you can get the turnkey home you want with as little stress as possible. Still, as you’re shopping around for a house and land package from any home builders in the Melbourne area, there are some important considerations worth keeping in mind.

1. Location, Location, Location

Start by considering the specific location of the package itself; how close is it to your place of employment and other important places? If you have children, what are the schools in the area like? What about infrastructure such as shops and public transport? Of course, you’ll also want to consider property trends in the area; can you reasonably expect that the value of your block will appreciate over time?

2. Cost Inclusions/Exclusions

Even once you’ve found your ideal block of land, you’ll want to make sure you can comfortably afford not just the land itself, but the home you’d like built on it. Specifically, you’ll want to find out from the builder what costs are included with your price quote and what might end up costing you extra. For example, your home may come with standard height ceilings, but if you want higher or vaulted ceilings, you should expect to pay quite a bit more. Any reputable builder should be able to provide you with a detailed breakdown of your costs, materials, and other information on fixtures and finishes.

3. Construction Timeline

Another important consideration for purchasing a house and land package is the proposed construction timeline from the builder. How many months will it be until you can expect to move into your new home? Make sure that you get this timeline in writing. You’ll also want to find out more about the specific construction process and what to expect in regards to inspections and walk-throughs before you move in.

4. Builder Reputation and Experience

There are so many different home builders out there, and unfortunately, they don’t all have your best interests in mind. Take time to shop around for the builder that’s right for your needs. Read reviews and testimonials from people who have used the builder you’re considering, and ask them specifically for referrals and about how long they’ve been in business. This can help you make the right choice.

5. Design Options

When it comes to new homes, builders can vary in regards to how many different floor plans and design choices they make available for any given block or development. Make sure your builder is able to turn your home ownership dreams into a reality before you commit!

Keep these considerations in mind as you shop for house and land packages, and you’ll ultimately be able to make the right decision. Mimosa Homes has a variety of packages available, all with a range of flexible floorplans, value-added inclusions, all in the best suburbs in Melbourne’s north and west. Contact us today to discuss a house and land package that’s perfect for your family.

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