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The five C’s of building - Geoff and Patty’s Grand Designs New Zealand journey
It’s the question that always comes first in grand designs – “so, what’s the budget?”
Then over the course of the building journey viewers watch as they try desperately to stick to that budget.
Looking back on their build, ANZ customers and Grand Designs New Zealand homeowners Geoff and Patty Coley say sticking to ‘the five C’s of building’, concept, communication, consideration, contingency and compliance, kept them on track.
“Have a very clear vision about what you want to achieve is really important, and then write a comprehensive brief so there is no misinterpretation about what your mission is,” Mrs Coley said.
“We didn’t leave anything to chance and we made sure we stuck to our plan, because as soon as you start changing your mind it costs money.”
The couple featured early on in the Grand Designs New Zealand series as they navigated the highs and lows of building their ‘Jetty House’ in Mangawhai.
The name comes from the old wharf pilings Mrs Coley found in a Tauranga scrap yard and fell in love with.
“That is a really good example of how seeing something that is not in your budget, and falling in love with it, can dramatically change the project.”
While the rest of the build came in to budget, the famous wharf piles and the complexities of how they worked into the house meant the couple did spend more than they planned.
“We were aware of the extra costs and could manage it, but you should be realistic about what you can afford and generous with your contingency as you just never know what might happen.”
ANZ’s Top Tips for managing your own grand design
- Get advice early, especially if you are managing the project yourself.
- Talk to your bank about the budget and contingency. We ask a lot of questions because we want to help you make the right decisions about your finances.
- Identify what might need upgrading or changing beyond what you have planned (re-piling, storm water, earthquake strengthening etc.) Often these will need to be done as part of the consent process.
- Set a goal and don’t over capitalise – do you want to maintain value, increase capital gain for sale or create a dream home you want to live in forever? This should dictate how much you invest in the project.
- Avoid DIY disappointment – kitset homes or relocating a building on to land might seem like a cheaper option but can come with complex lending requirements you need to know up front.
- Think about the features you are adding. A hobbit-inspired house might sound amazing to you, but will it appeal to the next buyer?
- Do your research and know the basics – knowing things like the average cost per square metre to build when looking at quotes will help you make informed decisions.