If anyone is interested I have posted photos of the progress of building of 2 of my houses on my Flickr account goto http://www.flickr.com/photos/davemc/ its up to day 21 since they started, I have some descriptions. If people are interested I can go into more detail as time goes on.
Dave
Hello Dave
I would certainly be interested to hear more. Are you building yourself or have you got a builder doing it for you.
If you were willing it would be nice to be given some costs and what you are aiming for.Cheers
Elka
Hi Elka,
As background, I purchased this property in June 2000 for $105k, land 800 sqm, subdivision on Torrens titles, each block was valued at around $150K. I am getting Fairmont Homes to build 2 Memphis II houses. I will use one for my PPOR and the other as a rental.
I'll detail some of the other costs when I get these together.
Dave
Hello Dave
Happy your willing to share your experience with subdividing and building. I went to the Fairmont Homes site but they don't seem to have the Memphis II model pictured, only the Memphis. Is the Memphis II a single story or 2 story home.
I have never subdivided but have an IP which I would like to subdivide and build on one day. Your journey, any problems you encounter and any tips you learn would be a great learning experience for me and maybe others on the forum as well.
It sounds like your subdividion is complete? Did you have any problems with the process and what sort of costs were involved. Did you have to submit your building plans to get permission for the subdivision.
CheersElka
Hi,
The Memphis is basically the II as well, single story. First up we went to see the town planner at the council with the rough idea of what we wanted to do. No problems there, chose the houses at Fairmont, they do most of the work submitting plans. They put us on to a surveyor who didnt want to do the survey until the old house was down so we waited for the council to approve…
more soon.
Dave
Hi Dave,
Good work buddy, ill definitely be interested in seeing more progress photos and more info regarding how it is all going! What area in Adelaide is this project? I am currently starting my first development in Gilles Plains which is going to be very similar to yours…
Keep up the good work,
Cam
Hi, interesting. I bought my sub-division in June 2005 and the demolition was in Dec 2006 so round about the same time as yours.
building began with the slab in Jan and the frames went up in March. They were supposed to finish in May but handover was not until Sept!
The paperwork part dragged ON and ON and ON
We're now finishing the paving, 18 months behind what was first run estimate, $50000 more than originally forecast!
Thank God end value went up $60000 so I'm still OK
The higher cost is actually because we're in the middle of a boom otherwise we'd have finished on time & within budget. As house prices go up, tradesmen demand more & work in fits & starts so delay costs more in interest & so on and so on.
I have vowed that I won't do this again, it's so stressful but only AFTER I finish the next one due to start building in April.
Good luck,
Kum YinHi all,
Thanks all for your comments, the bricks have turned up on site…
http://www.flickr.com/photos/davemc/The 2 slabs have now been invoiced around $40K
The surveyor bill was $2K
Because we took more than a year to get going after we signed the contracts with Fairmont they added $4k and put in an extension with the council.
The area I am building in is Sturt.
After the first slab was completed it cost $1200 to take excess soil away, if you see the latest photos there is still a large pile left.and so it goes…
DaveBTW we have already received an offer to rent, it's tight around here.
Dave
Day 58: The wood frames have arrived , this week should see some more action
Dave
Hello Dave
This may be a stupid question, but did the slabs need all this time to dry? Is that the reason that the frames have only just arrived?
Cheers
Elkaelkam wrote:Hello DaveThis may be a stupid question, but did the slabs need all this time to dry? Is that the reason that the frames have only just arrived?
Cheers
ElkaHi,
Yes it takes a few weeks to cure and get really hard.
Now on Day 63 and the frames are coming up fast…
http://www.flickr.com/photos/davemc/
Dave
Hello Dave
When I see a house being built this is my favourit part. It goes so fast that it always looks as if it will be all ready in a couple of weeks.
Looking good.
Thanks for the photos.
ElkaHi All,
Day 68 and all the framing is complete…wating for the brickies
http://www.flickr.com/photos/davemc/
Dave
Hi and it's Day 79 both roofs are nearly all up, should be done by Monday
http://www.flickr.com/photos/davemc/
DAve
Hello Dave
Nice roof line but now I'm a bit lost. The slabs are separate but the roof lines are abutting. What is the space in between for?
Cheers
Elkaelkam wrote:Hello DaveNice roof line but now I'm a bit lost. The slabs are separate but the roof lines are abutting. What is the space in between for?
Cheers
ElkaYes the gutters just touch in the middle, however the land is torrens title and I wanted them completely separate, on the right will be a garage with a wall and the left house has a carport, no wall but same effect, cheaper than 2 walls.
Dave
Hi Again,
Some new bills are arriving, conduit for phone and cable TV – $180/unit, underground electrical around $300 per and so it goes.
I take the pictures with a 10mpix DSLR camera, in Lightroom it is easy to make inspections ot the whole house by zooming around.
Dave
Great work man!
Are they giving you a fixed price on the dwellings?
It would be interesting to see the figures if possible .Luke Taylor | Hope Property Investing
http://hopepropertyinvesting.com
Email MeProperty Support,Strategist and Buyers Agent
World Changer wrote:Great work man!Are they giving you a fixed price on the dwellings?
It would be interesting to see the figures if possible .They came in at about $111K and $116K, that was fixed for 12 months then we had to pony up another $4k after the 12 months, it all depends what you put in as extras.
Dave
You must be logged in to reply to this topic. If you don't have an account, you can register here.
