There are so many ways that one can establish their home in the current generation, and a house and land package are one of them. Land and house packages in Brisbane involve buying a piece of land from a contractor then selecting a home builder to design your home. Land and house packages are usually unveiled as a bundle deal because a given builder and a contractor are usually business partners.
Land and house packages have fixed prices that cater to both the land and house building. Let us look at some of the advantages of opting for land and house packages as contrasted to buying a ready-made house.
Advantages of house and land packages
- Saves money
In this deal, you only get to pay a fixed price as outlined in the package. There are no additional costs that you will need your concern as everything will be covered by the package. You will also get a waiver on the fees for the stamp duty. With the changing world and unpredictable future, it would be wise to invest in land and house packages and let the stakeholders play their parts in building your home.
- Saves time
There are many tasks that you would avoid by using a land and house package. For example, you will not have to worry about planning for your house, designing, construction, and even getting permits. Everything will be handled by the builder and you will only be required to provide them with your specifications of how you want your house to be.
- Cost-effective
A land and house package is a cost-effective option that can help clients who have a tight budget that cannot oversee other alternatives to completion. You only spend once and leave everything to the players.
- Guarantee
With house and land packages, you are assured that you will get land and home once you have paid the agreed amount and have the relevant stamps. However, you can’t be assured of getting a house when you decide to plan everything by yourself because your budget may fail you in the long run.
Factors to consider when buying a land and house package
If you come to the conclusion that buying a house and land package will be the best choice, you now need to find out a few things about the package before you can sign the contract. Here are some of the crucial factors to keep in mind.
- Location
You have to consider the location of the estate that you wish to buy. In most cases, those estates that dwell right in the centre of urban areas are usually expensive. On the other hand, those that are suburban are usually cheaper and more affordable. However, estates in urban areas increase your chances of getting a nice job because you have time to move around the city, unlike in suburban areas where there are limited opportunities.
- The rate of appreciation
You will also find out that estates in urban areas appreciate in value at higher rates than those in rural areas. Hence if you are buying the estate with the intention of selling it in the near future, the one located in the urban area will be the best option. Rural estates are good if you are planning to stay in that place for a long time and avoid the inconveniences of living in urban areas.
- Type of lot
You can also decide which lot is best for your course between the small and big lots. Make sure that the house that will be built will be able to meet both your present and future needs.