Buying the cheaper block could actually cost you more money in the build!
When trying to purchase a block of land to build your new home on there is so much more things that you need to take into consideration than just the price of the block. Want to give you an example of two individual blocks both in the same area only about a few streets away from each other, they are both exactly the same size they are both have the exact same dimensions they are both facing the same way, however, block 1 is almost $10,000 cheaper than block 2
Now if you were just to leave it there and not dig further into understanding the block and the things that could affect your build then yes block one is cheaper and seems like the best choice. Now I understand that the $10,000 cheaper price tag appears to be cheaper but once you take some time to understand the dynamics of a block You will quickly learn that this $10,000 saving now could cost you $20,000 in additional site cost on your build.
One of the main factors, when it comes in two site costs, would be how much cut and fill is on your site. Now we dig a little deeper into block one “the cheaper block” we find out that this block has up to 3 m fill on it, Compared to block to “the more expensive block” has only half a metre.
Now if you are unfamiliar with how this can affect the costing of your bill I have listed a few reasons below
Deeper concrete peering which will result in extra
- Time on site for the concrete
- Time on site for the machinery
- Soil removal
Depending on the size of your home the list I mentioned above could potentially bring $20,000 in additional site cost for block one “the cheaper block”
So if you out there looking for a block of land to build your new home on remember that there is more to a block than just its price.