How to Build Your First Home on a Budget

So, you're ready to take the plunge and build your very first home? Woohoo! We know budgeting can be a bit of a buzzkill, but fear not! We've got some tips to help you make your dream home a reality without draining your bank account. Let's dive in and start building that budget-friendly dream home of yours!

Simonds Hero Image
Supporting Image

Know Your Money Game:

Before you start, it's time to get real about your budget. Figure out how much you can comfortably borrow and stick to a realistic budget. Trust us, it's better to keep things manageable so you can actually enjoy your new digs without stressing over every dollar.

House and Land Packages:

Score! Opt for a house and land package to keep things simple and predictable. These packages give you one fixed cost, so you know exactly what you're getting into. No hidden fees or surprises here. Keep an eye out for packages with upfront pricing, just like the ones at Simonds. Budgeting bliss!

Supporting Image

Government Grants Galore:

Time to tap into some serious savings! When you're building your first home, there are heaps of government grants up for grabs. Check out the State Government's First Home Buyer (FHB) Grant and Stamp Duty Savings. These sweet incentives can make a big dent in your costs, leaving you with more cash to jazz up your new pad.

Unsure what Government Grants are available? Check out our blog here.

Build Smarter, Not Bigger:

Let's be real, we all want a fancy shmancy mansion, but it's important to stay practical. Choose a floor plan that fits your lifestyle and keeps your budget in check. Focus on the essentials that make your heart skip a beat. Remember, you can always upgrade later when your bank account is feeling a little more flush.

Supporting Image

Fast-Track Your Way to Home Sweet Home:

Time is money, folks! When you choose Simonds, we fast-track your home build with our streamlined Xpress process. No waiting around for ages. You'll be moving into your dream home in no time, without breaking the bank. Efficiency meets affordability – the perfect combo!

Let the Design Wizards Work Their Magic:

Okay, we know you've got an eye for design, but sometimes it's best to let the experts do their thing. Our top-notch Gallery designers at Simonds will work their magic and create a stunning interior that won't blow your budget. Choose from our incredible selection of colors and styles that are already included in the fixed cost. No surprises when it's time to pay – just pure design awesomeness!

Supporting Image

Upgrade Your Style, Upgrade Your Value:

If you've got a bit of extra cash to spare, go ahead and splurge on some killer upgrades. Focus on areas like flooring, kitchen, or bathroom to add serious value to your home. Not only will you enjoy the luxe vibes, but it'll also make your future resale value soar. Cha-ching!

Building your first home on a budget doesn't mean sacrificing style and fun. With these tips in your toolbox, you can create the home of your dreams without blowing your budget. Remember to stick to your financial game plan, explore house and land packages, take advantage of government grants, prioritise what matters most to you, speed things up with Simonds, trust the design pros, and splurge wisely on those value-boosting upgrades.

Get ready to unlock the door to your budget-friendly dream home with Simonds – let's make it happen!

*Please note, any information given to you by Simonds is general information only and will depend on your own personal and financial circumstances. We recommend that you make your own independent enquiries and seek professional advice from a qualified financial planner, bank or broker.

Tap to get started

From 8:30am to 8pm, 7 days a week, our team is here to help.

Please feel free to contact us via email or any of the methods listed below if there is anything we can do to assist.

or

Ready to figure out your next move?

Fill in your details and our friendly team will give you a call back.

* indicates required

Other blogs we think you'll love!
  • Blog Preview Image
    Blog Preview Image

    5 Common Mistakes People Make When Buying a House

    View Now!
    Est. 7 minutes
  • Blog Preview Image
    Blog Preview Image

    Titled vs. Untitled Land

    View Now!
    Est. 6 minutes
  • Blog Preview Image
    Blog Preview Image

    Step Inside a Coastal Hamptons Haven with our Emerson 23

    View Now!
    Est. 7 minutes

Simonds acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn and work.