In today’s subdued economy, many people have put their building plans on hold, waiting for a change. However, now might be the perfect time to start the design and planning process so you can be ready to build when the time is right. Having completed consent plans gives you a head start, allowing quotes and your contract to be prepared before the market picks up. Here are five benefits to getting started today:
1. Faster Availability of Consultants and Services
In the current market, consultants are actively seeking work. Services that very recently had long waiting times, such as Geotechnical reports, are now much more accessible. A report that could have taken over a year to obtain two years ago can now be booked and completed in a much shorter timeframe. The same goes for designers, surveyors, and engineers. Starting your project now means you can take advantage of these faster service times.
2. Quicker Processing Times for Building Consents
Building Consent Authorities are currently experiencing less demand, which means faster processing times for consents. By having your design sorted and consent plans ready to lodge with your local Council, you can significantly reduce the waiting period. When the market becomes busy again, consent processing times will likely increase, potentially delaying your project.
3. Take Advantage of Competitive Pricing
With the current economic climate, many suppliers are offering competitive pricing to attract business. This is an excellent opportunity to secure high-quality materials and services at lower costs. By starting your design and build now, you can capitalize on these deals, reducing your overall project expenses.
4. Benefit from Trades Availability
During quieter times, contractors have more availability, allowing them to dedicate extra time and attention to your project. This focused attention can lead to sharper quotes, a smoother building process, and less chance of delays throughout the project.
5. Save Money by Starting Now
While material cost inflation has steadied, it is still on an upward trend. By beginning your design process now, you will be ahead when it comes to quote and prepare a contract for your as you won’t have go through the design and planning process before your Contractor can price up your project. This approach not only saves money but also saves time, as you can move forward with your build more quickly and efficiently when the time is right.
There is no doubt a recession has negative effects, but it also presents unique opportunities for those ready to act. Starting your design and building process now offers plenty of advantages, from quicker service to cost savings and more focused attention to your project. By having your plans ready and consents sorted, you can save a significant amount of time and money. Don’t wait for the market to change—take advantage of the current conditions and start your design and build journey today!