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Watson Testing The Water

Joined: 16 Nov 2003 Posts: 6
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Posted: Mon Dec 01, 2003 6:39 pm Post subject: Getting a house built in NZ? |
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Has anyone (JCM ?) ever looked into getting a house built instead of buying? Is it a good idea? Do you save money? TIA.  |
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JCM Moderator

Joined: 15 Nov 2003 Posts: 275 Location: Christchurch since last century
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Posted: Mon Dec 01, 2003 9:01 pm Post subject: |
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Hi Watson,
I looked into this in some detail a few months back. I'll dig out the numbers and post them in the next day or so.  |
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gordster I'll Hang Around A Little

Joined: 23 Nov 2003 Posts: 15
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Posted: Tue Dec 02, 2003 12:13 am Post subject: |
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| very hard to get a builder at the moment. |
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JCM Moderator

Joined: 15 Nov 2003 Posts: 275 Location: Christchurch since last century
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Posted: Tue Dec 02, 2003 7:03 am Post subject: |
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We did a costing a few months back for having a house built in the country on a few acres but decided the driving into and out of the city would be too much effort. The costing was for a fairly rural plot. Some semi-rural plots may be cheaper to develop because they have mains water and no need to buy an electrical transformer. City plots will definitely be cheaper to develop (but more expensive to buy).
Wood-burner heating $2,500
Water Pump (not on water main) $2,500
Water Storage Tank $2,000
Phone $250
Electric Cables to connect to mains $1,000 (for up to 40 m)
Half Share in Electricity Transformer $4,000 - $6,000
Septic Tank $5,000 - $7,000
Driveway $3,000
Landscaping $2,000 (We’d do most of this ourselves)
Cartage/Delivery costs for building materials $3,000
So allow $30,000 we would say.
Stonewood builders build at the top-end of the market in and around chch and have a very good reputation. They print glossy brochures and have showhomes etc. Their prices have gone up a lot in the last year or so. By choosing a smaller builder you should certainly be able to build a high quality home cheaper.
Stonewood will build a high specification 200 - 230 sq metre house (including double garage) with everything supplied (including kitchens, carpets etc) for $150 - $180,000
Add in Double Glazing $3,000 - $4,000 (double glazing is not usual here!)
Land $100,000 will buy you a good few acres out Darfield way or West Eyreton etc.
So $300,000 will certainly get you a top notch largish house in a few acres of land.  |
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Watson Testing The Water

Joined: 16 Nov 2003 Posts: 6
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Posted: Wed Dec 03, 2003 5:11 am Post subject: |
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Excellent JCM. Things are looking good. I quite like a long-ish drive in the morning as long as its not in a jam. Gives me thinking time. The phone connection looks cheap compared with the others. Is there a reason for that? |
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JCM Moderator

Joined: 15 Nov 2003 Posts: 275 Location: Christchurch since last century
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Posted: Wed Dec 03, 2003 8:09 am Post subject: |
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| Yes, the costings were for an actual plot that we looked at. It just so happened that phone lines were next to it and the seller had already laid lines to the boundaries of each plot. I believe NZ Telecom's policy is to make people pay the actual cost of laying new phone lines. Most land sold for housing has telephone lines adjacent. Watch out if the land is a long way from lines. Getting lines laid can add thousands to costs. |
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Tara Sage I Like It Here

Joined: 27 Feb 2004 Posts: 71 Location: Rangiora New Zealand
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Posted: Thu Jun 24, 2004 7:44 am Post subject: |
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| Does anyone know of any other companies that do houses like stonewood? |
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Tanya I Like It Here

Joined: 04 Mar 2004 Posts: 69 Location: Nottinghamshire UK
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JCM Moderator

Joined: 15 Nov 2003 Posts: 275 Location: Christchurch since last century
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