Allianz Home Insurance


Build your own house

by Chris Lang on December 5, 2007

The housing affordability (which is really closed to none these days) got me thinking – there must be a way out. So I can not afford to buy a reasonably sized house in the inner city suburbs, but does it mean that I am doomed to renting?

At first I was thinking – what if I buy a block of land and build my own house? This way I can save the money that otherwise would have been the builder’s profit. But then – I don’t know the first thing about building a house and what’s involved. How much would that cost, what kind of permits do I need to get, who will draw my plans, where to start? So I was searching for answers and found some useful info.

At first, I wanted to see how much I will save if I build myself. So I have found this building costs calculator.Use it – and get an idea how much your dream home will cost you. Don’t miss the assumptions they base the calculation on (listed under “Assumptions”).

Having done some more research I started to doubt my ability to handle this project – it just looked like too complicated and risky. This is when I saw this page about pre-fabricated houses. Actually, that is not a bad idea – instead of dealing with the whole bunch of people – the architect, the builder, the plumber, the electrician and God knows who else – you have one contact point and they are supposed to handle it all for you.

When you think about it, there are quite a few advantages to pre-built houses:
• You see what you get
• You know the price in advance, so no surprises
• The installation is faster – construction from scratch can take a lot more time
• It is ready for electrical works and plumbing
• You have limited selection of homes – makes your choice easier, as opposed to wild fantasy of your architect
• It will probably be cheaper

And there are in fact several companies who do pre-fab houses. To name a few:
Houses of the future

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