Buying property is likely to be one of the biggest decisions of your life. So while you’re asking yourself how long it will take to build a new home, it’s more important to make sure it’s being done right.
There are so many factors that can influence how long it takes to build a house and land package. Not all house designs are the same. It’s just one of the reasons why you will find some houses take longer to build than others.
Property developers may promise you a quick turnaround of six months. With unexpected delays, it can take up to twelve months until construction is complete. When you understand what obstacles can get in the way of construction, you will get a better idea of how long your house and land package will take to be completed.
Discover how long your dream home will take to build. Ask our property experts today.
Getting loan approval
Getting approved for a land and construction loan is one of the earliest steps involved in building a house and land package. Without approval from a financial institution, your building project can’t commence.
Financial lenders often require the following information before approving a loan:
- Your most recent tax return
The last two payslips from your job
Documentation of your savings history
Before construction can begin, you will also need council approval. Building contracts, plans, and specifications must be approved before any construction takes place for your new home.
The time it takes to get approval can vary depending on which council is taking care of the whole process. The complexity of the design can also delay the process of approval. Councils can take up to two months to review and approve your home’s design.
Wild weather conditions
No matter how organised a building project is, wild and persistent weather conditions can slow down its progress. Heavy rainfall periods can drastically delay the completion date of your new home.
Weather can be hard to predict, but you will find construction does become easier to complete during certain seasons of the year. So before scheduling the construction of your new house and land package, take into consideration the weather patterns for your area.
Dry weather periods tend to be ideal for construction. So check with your builder to make sure they have a contingency plan for your house’s building schedule. Careful planning can help speed up the construction process.
Site preparation is one of the most important stages of building a house. Without a solid foundation to build on, your home could suffer from serious defects down the track. The time it takes to prepare your land can vary depending on the condition of it.
Does your land have highly-reactive soil? This type of soil reacts to changes in moisture which can cause structural damage to your property. Land with reactive soil can take longer to fix because it requires soil to be added or removed in order to change the consistency of it.
Other common issues include rocks and trees that need to be removed from the land before it’s levelled. Any issues with the land should already be resolved by the property developer. If land issues like these are not taken care of, it shows that your property developer hasn’t followed proper procedures for a house and land package.
Get your home built on schedule with Bloom
The new Bloom is the second phase of the successful sold out Bloom community. It features over 450 home sites in a premium location at Thompsons Road in Clyde North, one of Melbourne’s most sought after new suburbs. This project is proudly brought to you by Five Squared, a leading Melbourne property developer that's been creating living spaces and communities for over fifty years.
Contact our real estate specialists today to find out more about the exciting opportunities available from our house and land packages. Alternatively, you can visit our information centre to discuss your dream home and discover how long a house and land package will take to complete.