Hi there and welcome to this episode of the property journal podcast. On today’s episode, we’re going to be talking about building your own home how to engage a new builder and what the process looks like with your first time builder or whether it’s your maybe second or third go ve got Steve green from Belazzo Homes. Welcome, Steve.
Morning, Marcus. Thank you. Good to be here.
Yeah, absolutely. I look, I’m sure today’s podcast is one that the listeners are going to get a whole lot out of because, look, it’s the greatest rallying dream to own your own home. And for most of us, that means building our own home at some point. But the fact is, this is just something that we’re not taught at school so the process can be quite daunting. Would you agree?
All of it can be daunting, and you’re right. It’s not something you learn at school. It’s something you learned from your parents a lot of times and talking to friends and what they’ve been through in the past. Yeah, and so on that note, let’s maybe jump into and, and go through what are some of the things to consider when you’re going through this process of buying and building your own home? Well, I think I think it starts with the affordability aspect for you and your finances and making sure that you are comfortable in the position you’re in to actually go out and start, start house hunting.
It’s important that you know where you stand in the marketplace when it comes to your finance and your financial capability. If you can get an understanding of that first, then the rest of it tends to pan out and you’ll find something or you’ll look at a market that you can afford and where you’re comfortable at rather than trying to over overstretch yourself in a market that you really can’t afford, I think the financial side of it as the first place to start.
Yeah, because I guess when it comes to building a home, you are unlimited in a sense. I mean, you can directly if you can afford it, you can create whatever you like in a home. So it’s understanding what those restrictions might be from a financial perspective. What what’s a typical home that you might see bill today?
Well, it’s typical home is it’s really hard to define but the bulk of the market is around that 400 square metres 450 square metre lane size range. And you’ll get you to know, typically you’d get 150 square metres high, I’m at an average and I’ll use the word average small, small home, up to around the 200 square metres is high and which is again as an average sort of time for that. So size lane.
So and I guess what are some of the inclusions that most families are looking for in the first time or second home here is still the four-bedroom, two bathrooms?
Or the four-bedroom, two baths double lockup is still the most popular home in Australia, I think.
And I mean, you touched on a subject there with lots of pauses. And it’s just the fact that as time goes on, real estate is getting more expensive, which means that lot sizes are getting smaller and smaller. What does that mean for the family backyard? are we keeping those our families happy to sort of say that go by the wayside in order to get more, I guess has?
Well yeah, the lane sizes are going down for that reason to make them more affordable. That’s for sure. But what developers are doing is they as part of the establishment of the of the states, they’re putting in bigger Park lanes, so that you might have a bigger, smaller yachts buys, for example, because you got a smaller book, Elaine, but it’s offset by the parks and myriad of parks that developers are made to put into to land estates. But certainly, we’re finding as everyone would I’m sure to attest to the size of the house compared to the size of the land is becoming more in favour of the house. So they asked is actually getting bigger and taking up more of the footprint of the land.
Yeah, okay, fantastic. And I guess when you think of building a new home, because look there, there are so many options to the marketplace. I mean, how many builders are there in Queensland alone give you have an idea of that
registered Queensland builders are 31,000 of us.
So there’s plenty 31,000. So there’s plenty of options out there. So you can understand what’s a bit of confusion when it comes to finding the right builder? What would you look for? In a builder?
It depends on what you want in your home. But for me, I’m looking for flexibility, I want to know that what I needed, a builder can develop for me or can build for me, I’m looking for personalised service, I want to be able to talk to someone and I know what they’re talking about. And I want to know that I can change the plane to suit me and what I want. And not only that, but I also want to know that if I want an upgrade for carpets, or appliances, or roof colours, or whatever it might be that that option is actually open there for me, give me first.
And I guess the find, you get more of these options. If you consider maybe a smaller or medium-sized builder, as opposed to the big box guys who are probably a little bit more cookie-cutter in their approach.
Definitely the smaller guys are got more agility with what I can do. And not only that, in the smaller guys, you’re talking more towards the director of a company who can make the spot on site on support on the spot decisions when you want specific things done, as opposed to reporting through a line of command if you like to get a definitive answer. That’s the best thing about dealing with the smaller guys compared to the bigger guys. The bigger guys can knock them out pretty quickly. Like, knock them out pretty quickly. But they generally all the same and a little bit inflexible. I can deliver us so far as those design options go and your inclusions.
Yeah. Okay. So I guess for those listening, who may be considering buying their first home through a builder, what’s the general process that you’d be going through? And look, I guess, let’s talk about your process at velocity homes here, what’s the process that someone would be going through? Once I reach out and make contact?
Once people reach out and make contact? And I’ll be upfront, I’ll tell you, the first thing that I want to know as I build her is how you sit with your finance, are you able to talk to us on a level whereby if you find something that you like, you can actually go through and look to buy something. And then from there? Well, as part of that meeting within go on to the design process, to make sure that I’m able to deliver you a home that you actually want and need and will set your lifestyle the way that you want it. And can you help
your clients facilitate finance and to walk them through that process as well? Because I mean, I think that’s probably almost the most confusing part about all of this for most people.
Yeah, definitely. Definitely we can do that. But more importantly, we’re not we do not finance people, but we can certainly direct people to finance people, people that we deal with and trust that we know that can actually act in your best interests when it comes to to to organising finance, we refer people on
and with your clients. And in general, do you find most people already have their plot of bored or picked out or lays 10 days come to you looking for the house and land package.
Its accommodation is a real combination of what we deal with. Whether we sourcing the land for our clients, and we do we’ve got contact with a lot of the land developers through southeast Queensland. We have predisposed relationships with them where we can go and actually ask them what they have. In fact, they tell us what they have. And we just match up a design to one of their lots. For some of the bigger custom design clients, they’ll actually come with LA and already in tow, and we will custom design to the requirement and the land orientation.
And so I guess the big thing with building your home is build times and you hear all the sort of nasty storeys about homeowners being promised that their home will be ready at this point and months later, they’re still waiting to get the keys. This is a two-part question. Firstly, what? What would you consider a typical build time for a standard forward two-bedroom home, single dwelling? And a believable? So you’ve got a guarantee that you offer? And do you want to talk to the audience a little bit about that?
Yeah, the delivery time frames for homes in the building industry is a real bugbear for the industry. We all under obligation to deliver home in a certain timeframe stipulated by a building contract, unfortunately, doesn’t always turn out that way, for whatever reason. And there’s a myriad of reasons why that doesn’t happen. So for us to our standard time frame, and I don’t like to use the word standard, but our time frames for a build are dependent upon the house that we’re building, the size of it, the general lay of your land and the constraints or otherwise of that block of dirt. But I’ve asked to if I was to nominate a timeframe for a home I would say as an average it’d be 14 weeks plus or minus depending on the home for the bigger builds that can take more than that you can probably add 456 onto that. To answer the second part of the question when we look at home design and you’ll land or LA and whichever way you want to go. We will come up with a time frame that we believe we can deliver that timing and with that time frame will guarantee to you that will deliver it in that timeframe.
And because we don’t want to
over promise and under deliver will be held to an ironclad guarantee with our clients so that in the event that we don’t deliver it in the time frame that we prescribed you were penalised. Were penalised $650 a week whether you’re renting at the moment and you want your rent covered, or you’re paying a mortgage, and you need a part that mortgage capital all that mortgage cover did it cost us so it’s a real guarantee that will.
Okay, so if in the event, let’s say I was building a home with you, you didn’t make the delivery time, you would actually pay me $650 per week to go towards rent or mortgage for the period they take for me to get the keys?
Oh, absolutely. Yeah, absolutely. Because as part of the time framing for yourself to move out of where you are into a new home, you’re relying on us to give you the keys in the designated time frame. And you’ve put that process in place and you’ve made arrangements, other arrangements to either be out of where you are or extend them over to whatever it is you’re doing. And we know that in the event that we hold you up there at the process and that’s our fault, and we’ve got to pay.
Yeah, that’s fantastic. Look, I don’t have any other builder out there that stands behind the product like that. So I guess if anybody did want to discuss maybe building a home with Bilodeau homes, what’s the best process for them to get in contact with you guys?
In the first instance is pick up the phone and call me. I’m a bit of a traditionalist, pick up the phone and call me or alternatively email me or alternatively go on to our website and blotter homes.com W and log or contact call with me.
So they can get all those details from the website,
or they certainly can but while I’m here I’m also giving you my phone number 0412037706.
There you go. That’s the direct line to the sales and marketing manager but lots of homestay and great looks. So thanks for joining us on today’s podcast. This has been really informative and I’m sure it’s been helpful for the listeners.
Thanks, Marcus. My pleasure. enjoy doing that. Thank you for that.
And thank you for listening. And that’s the wrap for today’s episode of The Property Journal podcast. We’ll see you next week for another episode of the Property Journal podcast. Thanks for listening