Why Are Building Costs Rising?
The cost of building and construction has increased significantly due to the recent worldwide health crisis of COVID-19. Other influential factors include population growth and new regulatory requirements.
Consumers can expect new construction to have a higher price attached, in comparison to those of just three years before. Several concerns surrounding the shortage of materials, increased demand, labour shortages, and regulatory requirements has meant many individuals remain in the building process for much longer than expected.
How Will They Impact My Build?
Specifically, individuals venturing into new construction will face longer lead times, increased frustration and expensive decisions. If you are considering building your dream home, consult with a sustainability professional to help you navigate this process.
How Can I Keep Costs Low?
There are several ways to keep the cost of building low:
Need help with the next steps?
Certified Energy has an extensive range of skills and experience to offer new home builders throughout the construction process. Engaging a sustainability expert ensures your project is correctly optimised to take advantage of energy and cost savings that sustainable building provides.
Our clients benefit from early engagement in the construction journey, particularly as the Nationwide House Energy Rating Scheme (NatHERS) in NSW moves from a 6-Star to a minimum 7-Star Rating. This adjustment in star ratings can be seen as a negative regulatory constraint, however, homes built to a higher rating have been proven to achieve reduced energy bills.
NatHERS Accredited Assessors at Certified Energy are available for consultation before your project heads to council to ensure you are heading in the right direction and so you can see those cost savings in the future.