Building costs in Perth have jumped 40% or more in the past five years, and one government stimulus package in June 2020 is a big part of why. In this episode, Michael sits down with Fab Marion, a building and subdivision advisor with 14 years in the industry, to unpack how to build a home without making the mistakes that catch first-time builders out.

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General advice only and not personal advice. CRN 485467

In this episode:

Why you should start with the numbers before you start manifesting your dream home

How to turn your lifestyle and daily routines into a home design brief

The four options when you outgrow your home: renovate, knock down and rebuild, sell and buy, or stay put

Why a renovation can cost more per square metre than building new

How 22,500 building approvals in one year overwhelmed the industry

What makes a block nasty, and the hidden costs of slope, access, and neighbouring structures

Why limited blocks mean fewer builders and a more expensive build

The three levers of building: your requirements, your budget, and your builder type

Fab's take on the proposed R Code and subdivision changes

How Fab manages stress and stays present as a business owner, father, and husband

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Website: https://tuskfinance.com.au

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Tusk Finance: [email protected]

Chapters:

(00:45) Why this episode is a must listen

(01:15) The one thing every home builder should understand

(03:35) Turning lifestyle into a design brief

(05:50) Balancing two decision makers in a couple

(08:40) Bringing a family's ideas to life

(10:35) Renovate, knock down, sell, or stay put

(12:35) A Mount Hawthorn case study on running the numbers

(14:10) Why footprint rules can force a renovation

(15:55) How much building costs have changed in five years

(18:50) What makes a block nasty

(22:55) The three items to have on your list

(23:35) The three levers: requirements, budget, and builder

(27:15) The proposed R Code and subdivision changes

(32:45) Carrying the weight as a business owner and father

(35:55) What Fab is most proud of

Produced by Podwave Studios: https://www.podwavestudios.au

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