Have you heard of builders in Sydney offering free upgrades or free items if you choose to sign a contract with them?
Do you really think they are free?
Large volume builders often tantalise potential clients looking to build a home with the promise of free upgrades or services. While it might seem like a dream come true, it’s essential to put on your sceptic’s cap and look beyond the allure.
The truth is, these “too good to be true” offers are often far from being free. They are designed to lure customers into a web of hidden costs.
In this article we will unravel the concerns associated with free offers from builders and shed light on why these deals might not be as generous as they seem.
The price is in the package
When builders advertise “free” offers, rest assured that they have factored the cost into the overall package. That “free” stone benchtop or air conditioning is not truly free – you are likely paying for it through an inflated home price.
Upgrades: The double-edged sword
Sure, the offer of a free upgrade might sound enticing, but it’s important to consider the motives behind such deals.
When something seems too good to be true, it usually is. Free offers often come with a catch buried in the fine print of the contract. Some builders might impose stringent conditions, require
you to stick to a specific timeline or limit your choices in other areas. These hidden costs could ultimately restrict your freedom and add to your overall costs.
Compromised quality and craftsmanship
Builders might offset the cost of the “free” offers by cutting corners on the quality of construction materials, workmanship or finishes. That free kitchen appliance package might be made up of lower-quality products that won’t stand the test of time. Always be wary of the trade-offs between a flashy offer and the long-term quality of your home.
Limited Customisation and flexibility
The lure of a freebie might restrict your ability to customise your home to suit your preferences. These builders may push standard designs or materials that align with their cost-cutting strategies, leaving you with a home that doesn’t truly reflect your style.
As a savvy customer, it’s vital to recognise that free offers from builders often come with strings attached. The goal is to entice you with a seemingly generous deal that conceals its true costs.
When considering a builder, always conduct thorough research, read the fine print and evaluate the long-term implications of “free” offers. Make sure you are not sacrificing your financial well-being or homeownership satisfaction for a temporary enticement. Remember, a home is a significant investment, and transparency should be at the forefront of any transaction.
A professional builder who knows their worth will not offer you a freebie. This is not a bad thing. A professional builder will be honest and upfront from the beginning, so you will know exactly what you are paying for when building your new home.
Learn more about Toby and Elizabeths Story. Highwater Homes are proud APB and HIA members.
