It might seem a strange thing to say given the current climate, but 2020 might be the best time ever to build or renovate.
As the world struggles to come to grips with the COVID-19 pandemic, builders and sub-contractors are concerned about work slowing down. But as history has shown us, the best time to act is when everyone else is retreating.
The building industry is going to lead our economy through the challenges our country (and the world) is facing. Land prices are not increasing. It is a buyer’s market. The builders and tradies that are still working are the cream of the crop and they are working harder than ever. This is your chance to build your dream home and help to boost our country’s economy.
While we’re uncertain if material and supply prices will increase, one thing is for sure – our chain of supply will get shorter. In other words, we will have to source more local products and less imported products.
So if you’ve been sitting on the fence about buying land and building or renovating your existing home, this is a great time to do so. Now is your opportunity to have your dream home built or renovation completed for potentially less than you would be paying in six months. However, you will need to act now to get plans drawn up and prices locked in.
While no figures have been announced, it is safe to say that state and federal governments will continue to support the building industry as it is vital to the health of our economy. This could potentially be in the form of cash grants to customers, which is perfect for those already planning a building project.
At Eiffe Builders, we are following strict social distancing and hygiene guidelines on our jobs and when interacting with clients. If you’re ready to get started on a new home build or renovation project at this time, get in touch with the team at Eiffe Builders today!