When you think of a house kit, you probably envision it being sold like an automobile, with a price tag included. Kit home pricing isn’t as simple as that, though, so it’s important to know what factors impact the cost. Custom kit home specialists sell a variety of new homes, including modular homes, prefabricated houses and kit homes. Each type comes with different pricing.
Kit homes are definitely not cheap, which is why you need to compare prices of new kit homes for sale, while also understanding that there are several factors that influence the final price. Here are some of the most significant ones.
Kit homes size and layout
The size of your house plays a role in its cost. If you’re on a tight budget, you might consider a smaller home. On the other hand, larger homes tend to sell for more money, but that simply makes sense, there are fewer buyers who can afford a luxury home.
Size and layout also impact livability. If you’re on a tight budget and need every centimetre of space, then a family-sized home with lots of bedrooms might not be right for you. If you want enough room to accommodate guests comfortably or have plenty of storage rooms, though, it may be worth spending additional money for more space.
In addition to these factors related to living comfort, kit homes also vary in their layouts from model to model. This has an influence on price because some layouts make them difficult or impossible to expand later on. Those whose budgets are very tight might consider a model with as few as possible walls and windows. This can reduce the up-front cost, but it also means fewer available rooms and poor livability.
What are kit homes?
A kit home is simply a house that’s sold as a package, or “kit.” This includes the home’s main components, its roof, exterior siding panels, interior walls, flooring, etc. which are all packaged together with instructions on how to put them together.
Builders who offer kit homes usually buy the home in bulk straight from the manufacturer and sell it to you at a price that fluctuates depending on demand. Because of this, it becomes incredibly hard to compare prices between different builders. What they’re actually selling can be quite similar but end up being very different when everything’s said and done because each builder sets their own prices based solely on the market value at the time.
Having your own dream home from a company that offers exceptional customer service and one that’s renowned for its quality can be incredibly expensive, but it also gives you the chance to upgrade certain areas of the home to your specific taste and needs.
Kit home build quality
Kit homes are generally known to be of higher quality because they are built by highly experienced teams that adhere strictly to the original design. This is why it’s important for you to carefully research your builder before agreeing to buy a kit home from them.
Kit home frame kit pricing is usually between $100,000 to $300,000 or more for a basic three bedroom two bathroom house which may require site preparation but does not include anything else. Classic kit homes are low maintenance, energy-efficient and have a long lifespan. In order for you to find the best price on a new home, research what kinds of homes are available in your area.
A lot of people tend to overlook the fact that fitting costs can go up to around 30% over the cost of building the actual kit home. This means that what you thought would be a cheap price in no way guarantees anything when it comes time for construction and you could be looking at an additional $20,000 to $70,000 in expenses.
Kit home time to prefabricate
Typically kit homes take around 6-12 weeks to be prefabricated and delivered but you could wait up to 3 months for delivery. Once the house is built it can take anywhere between 9-15 days for construction work that’s required on-site to finish. That’s an entire month of waiting which can put off your moving date if you don’t plan ahead.
People often get caught out by not factoring in how long they’ll actually live there. It might sound like a smart idea at first because why pay more than you have to? But once you factor in all the time and effort needed to find new living arrangements and settle into a new house it isn’t such a good idea anymore.
Kit home QLD costs
Today, there is a wide range of kit home supplier options to choose from. Any kit home manufacturer may have hundreds of standard models on hand, with pricing readily available on their website or brochure. For example, the cost of a single manufacturer’s kit home for an 85m2, 2 bedroom, 1 bathroom house, expect to pay between $114,000 and $148,000 for a 152m2 one. A larger 200 square metre 3 bedroom home may cost around $220000. Kit home suppliers often offer land packages that can include the site, house and building costs. You’ll find that their selling price is designed to ensure a margin for them.
Getting quotes from different manufacturers may give you an idea of how much they all charge for these houses so you can use this information to haggle with your chosen supplier. Remember, the internet allows you to shop around without their knowledge so take full advantage of this. If budget is your biggest concern then perhaps you could consider buying a “shell only” kit home.
A shell only means that it has no plumbing, electrical appliances or kitchen cabinets etc., although sometimes they do come fitted with insulation if standard houses are just too expensive for your tastes. This cheaper cost doesn’t usually last long though because builders are now selling these shells off as well to recoup their costs.
How much does it cost to build a kit home in Qld?
Builders who construct kit homes in QLD typically price their services based on the build area. However, this is subject to variations such as:
- The difficulty level of the project, whether it’s easy or difficult for a construction team to work with.
- More living areas
- Location of where you’re building
- The further away from the city and closer to an industrial zone, the cheaper it would be because development around the area may cause unplanned changes, affecting your budget
- Special equipment could cost more due to increased transportation costs
- Special orders need to be placed for materials/building supplies which makes everything more expensive than usual.
This example shows how kit homes can range in price depending on the size and features that you prefer. It gives a good idea of just how much it could potentially cost you upfront if buying a kit home is out of your price range or you want to compare costs with other types of houses. Bear in mind these figures are approximated and not final as they don’t take into account factors such as variations in building materials (i.e., cheaper/ more expensive), contractor, availability of materials/building supplies, special orders etc.
Hiring custom kit home specialists
On the other hand, hiring a kit home specialist may cost more upfront but they are likely to offer more comprehensive packages with unique services you can’t find anywhere else. They may make sure that your house is built on time and within budget. You can also opt for their additional services such as landscaping or even interior designing if required.
They would base their charge on what you need them to do whether it’s full project management service which means they take care of everything from sourcing a site to construction work and even furnishing/kitchenware installation or just giving expert advice about how best to go about building a new home. This way you don’t have to risk going over budget while taking control of something that’s not in your area of expertise.
Kit homes at affordable prices
Construction cost is another factor that affects the overall price of a kit home build, particularly those built from scratch according to what you want so it’s important for you as a homeowner to do your research thoroughly and find an experienced contractor who can help you maintain quality control throughout the whole process.
It may also depend on whether or not there are building restrictions/codes enforced in your area and if there are any permits required by local authorities. If there aren’t, then this could potentially save you hundreds and even thousands of dollars but if neighbours object (which they often do) then you would need to go through the rigmarole of getting consent first before getting them to sign off on your plans which means more time and money spent on your end.
Kit home prices Australia
There are various kit home designs available for purchase straight off the shelf ranging from contemporary 3 bedroom houses with garages to even luxury villas with infinity pools. It’s easy to get overwhelmed when there are so many options available so it’s important for you to define your needs and requirements before heading out to the market otherwise, you would end up paying for something that doesn’t meet your expectations or lifestyle that is if you can afford it which brings us to the next subject of affordability that I’m sure has crossed your mind at this point in time.
Kit homes cost between $30,000 to $300,000 (sometimes higher) depending on the exterior materials used and their quality. The more money you invest into your home’s exterior shell may equate to a better return in terms of its market value if you ever decide to sell it.
If large portions of your land are close to roads then boundaries need not be redrawn so this could save you plenty of time and money especially with getting building consents done. It may seem like it’s more expensive than other types of houses at first but only because the initial payment is front-loaded compared with savings made later on.