Showing posts with label Displayed Option List. Show all posts
Showing posts with label Displayed Option List. Show all posts

Sunday, July 3, 2011

It's all about the Budget

(Source: realestate-queensland.com.au)

We have a budget, well, pending bank's approval. But we did set ourselves a budget to spend for our home build. And we'd like to stick to it as much as we could. Well, we should, really.

After looking at all the displayed options list, plugging it in to our spreadsheet to track what we'll be spending, we come to realise ... this is much more than what we really want to spend.

Saturday, July 2, 2011

Displayed Option List

Someone who have gone thru the building process will always advice people to get the Displayed Option List. We're doing the same.

So, what is the Displayed Option List?

For every display home you go to, regardless of the builder, the sales people have a list, a book, or maybe a spreadsheet or some snazzy software that enumerates the options or upgrades or non-standard items and their corresponding prices that are in the display home that you are admiring. It's what makes the difference between the "base price" and the "as displayed price".  The Whittaker could be worth $324,000 base price, but as displayed in Arena Estate - $650,000 (this a sample figure only, for illustrative purposes). One of the blogs that we follow make quite a good explanation of the Displayed Option List.

On our first meeting with Mark from M, the first thing he asked us was if we have been to see the other displays or M's home designs other than the Whittaker. What it is is that if we liked something from another home design, for example, the Nolan's staircase or kitchen fittings, or the Imperial's master ensuite fittings and tiling or that big picture window from the Laguna display, more than likely, M can add it as an option/upgrade to our Whittaker. For a price, of course. And that's where the Displayed Option List comes in.  So as not to waste Mark's time for us mulling over all the options available, he gave us, instead, a copy of the Displayed Option List, for each of the display homes we were interested in, to take home and think about what we want.

Oh boy, and wasn't that quite an interesting bedtime reading.

Have you heard about the couple whose total upgrade/options cost was much greater than the base price of the house?

The Whittaker 45

And so we so wanted the Whittaker. It ticks all the boxes in our home search criteria. At last, we found what we want for a home.

The Whittaker - Chateau Facade (Source: www.metricon.com.au)
We chose the Chateau facade. Funny how I just realise now that this Whittaker with the Chateau facade looks exactly the same as the Nolan in my previous postings. We did love the floor plan, as well, as when we were walking thru the house, we liked how it was all laid out.  See for yourself.