You’ve probably (at least, roughly) figured out a budget by now. It’s so important to stick to your own financial limits so you have enough funds for the perfect home in the perfect estate without overextending yourself. And don’t forget to set money aside for site costs, stamp duty and a number of other expenses.
Some housing estates are obviously only for the very wealthy but most are created to cater to a variety of home buying budgets. Meaning they provide a range of blocks at various prices. The sales agent at each housing estate will be able to provide information on what blocks are available and at what price.
The future worth of the housing estate (and your home itself) should be among your considerations. The location, including its nearby facilities will greatly influence how much you can sell your home for in the future. Look at the surroundings, check if homes in the area have been increasing in value and also how quickly houses are selling. This will help you figure out how much the value of your house and land could increase over time.
A new home is after all one of the biggest investments you’ll make in your life so you’ll want to make sure the housing estate you build ticks the “good financial decision” box.