CREATING VALUE IN OUR HOMES
COST TO BUILD
Cost to build is often an avoided subject, but it shouldn't be. At Derbyshire we demand outstanding craftsmanship and quality. Our tradespeople and the project managers who supervise them, are experienced and dedicated to achieving perfection. But one of our first questions to potential clients is "do you have a budget?'
We like to keep it real, be transparent with our pricing and keep it as simple as possible. In theory that sounds easy – but custom-built homes can be tricky if they’re not approached in the right way. Approach and intent is everything. At Derbyshire, we aim to provide our clients with the best value for money. And that matters, so we like to discuss the cost to build subject early on in the process.
So before starting any build journey, it’s very important for clients to educate themselves on what is costs to build a home and how they’re priced. Consider the following part of that education.
In simple terms, the price of a home is driven by the sum of;
- the size of the home
- quality of workmanship/materials of specs
- margin to cover builders wages, overheads, warranties, profit
A good builder justifies this margin by value adding to each of the three cost drivers. At Derbyshire, we aim to provide our clients with the best value for money. But what does that actually mean?
“Building a home is a dream realised; every home should be personal.”
NOEL DERBYSHIRE
Derbyshire Founder
WE RUN LEAN
We don’t employ sales people, or spend money on expensive display homes. Each of our employees work hard for our clients, contributing to make every project better. Our systems and processes mean that we work efficiently and we make smart decisions – our showroom and office acts as our display to showcase the level of our build quality. This means our margins are low and the money you spend goes into your home.
DESIGN PROCESS
Quality over quantity. Create spaces that emote you, that you’ll want to spend time in and avoid creating space that you’ll never use – theatre rooms are most often used to dry laundry. Do you need an extra bedroom, that will only get used once per year? Could it double as a study? Do you need a large laundry anymore? Will a European laundry suit?
BUDGET CONTROL
Our design process means you spend money exactly where you want to; be it a high end kitchen or outdoor entertaining area. Our design process gives you transparency of where you’re spending your money and options on how best to save. Our estimator is constantly looking to ways to help our clients save; be it researching new materials or fittings, offering alternative build products or tweaking designs to maximise build efficiency. Maximising our client’s budget to meet and exceed their expectation is always our focus.
Supplier/trade agreements
Being an established builder for over 25 years, we have a number of longstanding agreements, which mean we get discounted rates from all of our key suppliers. We also have long standing relationships with excellent trades, giving us a high quality of work for reduced rates.
EXPERIENCE COUNTS
Being experienced builders we have developed a number of cost effective ways of building. We know what works, what doesn’t. The processes and systems we have in place ensure jobs run smoothly, efficiently with minimised risk of things going wrong. This means when we price a job, there’s no need for us to load the contract with contingencies. We’ll back ourselves to get it right – saving you money.
Price guide
Architectural/Custom Homes
$25,000 – $50,000 Per house Square
Architecturally designed or custom homes are typically priced within in these rates. They generally have a higher end specification and design elements that demand greater construction costs. Rates are based on living and garage spaces, however the rates will typically cover the cost of alfrescos/decks.
The majority of homes we build typically fall within this range. This doesn’t preclude us from building structures at a lower rate or houses over the $1.9 million rate. We would certainly welcome the opportunity to built your dream home, particularly if you envisaged your house to be the next Taj Mahal.