How to avoid a horror build or renovation - Episode 0 (Season 7 - The Stages of Home Construction)Want to make your construction process simpler – and you more sane and confident?
Manage Your Build is my online program that will give you key knowledge, tools, cheatsheets and industry insider checklists and tips, plus strategies to save your sanity and budget as well.
This online program can support you, help you avoid expensive mistakes and drama, and put you in the driver's seat, feeling confident during the construction of your new home or renovation.
Head to www.undercoverarchitect.com/manageyourbuild to see more about what's inside the program, and how it can save you stress and money as you navigate the construction of your reno or new home.
SHOW NOTES FOR THIS EPISODE:
This podcast is called "The Stages of Home Construction". We're diving into the process of home construction for both new builds and renovations, so you can feel informed as your project gets built. We'll be looking at the what, when, who and how of each stage and we'll be giving you loads of helpful, cost saving, and stress saving, ideas and information along the way.
Have you wondered what's going to happen during the construction phase of your renovation or new home? The actual step-by-step process of construction? What the stages are in how it gets built? And when you'll have to make payments, what they're for, and how to be sure the work is complete and done correctly?
And have you heard horror stories about builders going into liquidation, and homeowners having already paid 80% of their building contract, with only 50% of the home being complete? Or builders not coming back to finish the home because they've had their last bill paid and are not interested in returning to deal with the incomplete work?
This construction phase can be a huge challenge, full of stress and expensive problems for the newbie renovator or home builder.
When you enter into a contract with a builder for the renovation of your existing home, or construction of your new one, you enter a legal process. That process is laid out in the document you sign together, and any accompanying documents and drawings that form part of the contract. The contract describes the work that needs to be completed. And it outlines the obligations of both parties, and the processes for contract execution are also detailed.
The contract also outlines how work needs to be paid for as the project progresses. Whichever contract you're using, it will outline the total cost for your project, and then this will be broken up into a schedule of payments. Those payments will be aligned the completion of specific work as you move through each stage in your building or renovation project.
These staged contract payments can also be known as Draws, Progress Payments, Progress Claims - just to name a few of the terms for them.
And they can be a huge source of confusion as you try to work out if the builder has finished the work they're claiming a payment for, and make sure you're not getting caught out and paying ahead.
So, in this season of the podcast, builder, Duayne Pearce, and I (architect, Amelia Lee), are taking you through The Stages of Home Construction.
Listen to the episode now to learn more.
PODCAST PARTNER: QUOTESPEC
This season’s podcast partner is QuoteSpec. QuoteSpec is a cloud-based app that enables builders and tradespeople to create great-looking, professional, easy to read, and comprehensive quotes for reno and building projects, in a simple and super fast way.
Ask your builder or tradesperson "do you use QuoteSpec?" and if they don't, send them here to find out more about it ... www.quotespec.com.au/undercoverarchitect
FOR RESOURCES MENTIONED IN THIS PODCAST CLICK HERE
