The Benefits of Being an Owner-Builder
Last Updated May 9, 2011 · Written by Jaclyn Fitzgerald
If you are thinking about building a new home or undergoing extensive work on your additional work on your existing home, why not do what hundreds of other Australians are doing and undertake the ultimate DIY project by becoming an owner builder? There are plenty of responsibilities associated with owner building but the rewards are more than worth it. Here’s what you need to know.
What is an Owner Builder?
An owner builder can be defined as a person that supervises and project manages all or part of the construction of the home themselves. As well, they may actually carry out some of the construction work. When the work done by an owner builder exceeds a certain amount, a permit is required.
Being an Owner Builder Saves You Money
The primary benefit of being an owner builder, and the reason why owner building is becoming so popular, is the fact that you save so much. Being in charge of building your own home can save you literally thousands of dollars. In fact, being an owner builder can save you as much as forty percent! This is because you can source tradespeople that are willing to work to your budget. You can also source materials, fittings and fixtures that fit within the budget that you have laid out. With some time and research, you can get some excellent bargains on things such as tiles, timber, benchtops, cabinetry and so on.
You Have Complete Control
One of the biggest benefits of being an owner builder is the amount of control that you have. That is, you have complete control in how your house is built. The only limitations that you have when you are an owner builder are your budget and your imagination. You can build the exact design of home that you want using your preferred materials. If you want to change something in your home halfway through the building process, you can with much less hassle than if you were to use a builder. As well, you have complete control in the tradespeople that you select to work on your home, and you can build the home to your own timetable.