10 Great Reasons to Build NOW

1. Lower interest rates save on the mortgage repayments.

Interest rates are hovering near historical lows; however, they won’t stay like that forever, so take advantage of it while you can. Just over a year ago, a mortgage of $300,000 over 25 years at 7.95% would cost $531.62 per week. With the reduction in interest rates to 5.79%, repayments reduce to $ 436.85 per week.

2. Section prices are affordable

The choice is yours with favourable price reductions and incentives being offered on sections from developers and vendors.

3. Housing is still a solid investment, protect your investment.

With plunging share prices and investment companies collapsing, housing has become one of the safest investment options.

4. Build now and don’t miss an opportunity

The current market makes home building conditions favourable. There are many options for buyers - mortgage rates are at low levels, section prices are competitive, tax cuts are occurring and builders are offering a variety of incentives to prospective buyers. These developments have improved the affordability of owning a new home.

5. New homes operating costs are less.

Improved building systems mean operating costs are lower for brand new homes with more energy efficient options available in building practices, appliances and other factors.

6. New homes have the lowest maintenance costs. 

Routine maintenance and repair costs are minimal in a brand new home, which saves you time and money. 

7. The cost of building is more competitive.

With less work, sub contractors want to stay busy, which means they are offering more competitive pricing. Basic economics of supply and demand are also in your favour when it comes to some materials.

8. Time-frames of consent process have been reduced.

Councils are not swamped with plans and applications, so building consents are being issued quicker than in previous years.

9. Selection of top tradespeople.

With the length of time Harwood Homes have been operating we have built up a selection of reliable, top tradespeople, available to work on your project.

10. Consistency & security.

With 21 years in business Harwood Homes has been through a number of highs and lows in the economy and come through with flying colours. By building with us you know you are getting a reputable and reliable company to take care of your home.