The Four Gates to a Successful Home Build – Gate Three: Cost Estimate or Quote
The Four Gates to a Successful Home Build – Gate Three: Cost Estimate or Quote
Turning Your Design Into Real Numbers
Building a new home is sometimes spoken of as being stressful – and much of that stress can come down to uncertainty about costs and finance. In fact, it’s one of the biggest reasons why many people have disappointing experiences with their builder.
Too many stories revolve around the negative impacts of building costs on health, relationships and financial well-being which can put people off building a brand new home.
Stroud Homes aim to change this narrative through our Four Gates process, where we help you navigate the journey with confidence and clarity.
With your land secured and your design selected, we now reach the next stage – Gate Three: Cost Estimate or Quote
Gate Three: Cost Estimate or Quote – Where Real Costs are Discovered
For definition, when builders talk about estimates, this is when part of the build cost, like getting an engineer’s review for example is yet to be done so to save time and money provisional sum allowances may be included in the pricing.
Quotes on the other hand amount to pre-contract pricing with all the work completed, take longer and attract costs in themselves for consultants and a quantity surveyor. Stroud Homes will do both depending on the time and your circumstances.
Now comes the question everyone wants answered: “What’s it going to cost me to build the house?”
Why This Gate Matters
Gate Three is where trust is either built or broken. Too many people have been burnt by costs that blow out once the contract is signed or when the build is underway – unexpected costs sometimes happen even with proper stewardship, however missed items, or upgrades that were never discussed should not suddenly appear.
Stroud Homes take the approach that by involving our estimating team early and using your exact plan, location, and site information, we provide you with a written estimate quote that’s both accurate and reliable giving you comfort and allowing you to:
- Understand the full cost of your build before you commit.
- Make changes while it’s still easy and inexpensive to do so.
- Stay in control of your budget, knowing what’s included (and what’s not).
- Apply for finance and obtain pre-approval from your lender.
We walk you through every line item so you know exactly what you’re getting – right down to the kitchen sink.
Customisation Without the Blowouts
Whether you want to upgrade your kitchen, add a granny flat, or adjust your layout, we can tell you straight away how that affects your estimate quote – no waiting, and no unexpected variations to your price later on.
You stay in the driver’s seat, and your estimate quote evolves with your plan.
Cost Certainty = Peace of Mind
With a written estimate quote in hand, you’re ready to plan your finance and move forward with confidence. For many of our clients, Gate Three is the moment things really start to feel like they are making progress and getting real – when the dream becomes a plan, the numbers line up and timeframes come into focus.
At Stroud Homes, we’re proud to say that cost confidence is one of the biggest reasons our customers rate their experience with us so highly. It’s also how we help more people join that 21% of new home buyers who walk away satisfied, not frustrated.
Stroud Homes provide you with the chosen plan suited to your site, circumstances and budget.
Unlike some builders our pricing includes everything you need without you having to think about it. We call this our ‘Fully Loaded Inclusions’ because we’ve thought about everything we’d like in a new home and made sure it is included in the price. It’s our promise of honesty and transparency.
What Next?
Gate Three opens to Gate Four: Deposit
Now you have a clear estimate quote for your chosen plan, on your site, with all inclusions, your finance is arranged or you have the money to build – you’re ready to proceed to the next stage.
